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The National Budget Speech by Finance Minister Enoch Godongwana emphasized the importance of tax compliance for South Africa’s fiscal health. Key investments in SARS and adjustments to VAT rates were …
Navigating South Africa’s Tax Compliance Amidst the National Budget Read More
South Africa plans to raise VAT to 16% within two years to support vital services, with incremental increases starting on 1 May 2025. Finance Minister Godongwana highlighted the necessity of …
South Africa to Increase VAT to 16%: Key Points from the Budget Announcement Read More
South Africa plans to invest over 1 trillion rand (54.5 billion USD) in infrastructure over the next three years to stimulate economic growth. The focus will be on transport, energy, …
South Africa Announces 54 Billion USD Infrastructure Investment Plan Read More
Finance Minister Enoch Godongwana proposed a VAT increase raising it from 15% to 16% by 2026, sparking backlash from opposition leaders like Julius Malema and John Hlophe. They argue it …
Proposed VAT Increase Continues to Mar South Africa’s Budget Process Read More
South Africa’s Finance Minister Enoch Godongwana revealed a revised budget, proposing a 1% VAT increase. Despite this smaller tax hike, the budget was rejected by the Democratic Alliance, citing concerns …
South Africa’s Revised Budget Faces Backlash Despite Modest Tax Increase Read More
In war-torn Sudan, hunger and economic collapse have forced many into dependence on soup kitchens, primarily funded by U.S. aid. The suspension of USAID has drastically affected these operations, exacerbating …
Costs of Halting USAID: Humanitarian Crisis Deepens in Sudan Read More
Massad Boulos, a Trump adviser, claimed that peace between Lebanon and Israel could soon be achieved while expressing support for Israeli settlers in the occupied West Bank. His remarks have …
Prospects for Lebanon-Israel Peace: Insights from Massad Boulos Read More
During the Extraordinary Arab Summit on March 4, 2025, King Abdullah of Jordan expressed strong support for the Gaza reconstruction plan and condemned Israeli actions blocking humanitarian aid. He rejected …
King Abdullah Affirms Jordan’s Support for Gaza Reconstruction at Palestine Summit Read More
Pharmacists in Nigeria cite inadequate infrastructure and high costs as impediments to local medicine manufacturing. Ayuba Ibrahim emphasized the more lucrative nature of importing drugs over manufacturing them locally. Government …
Challenges Facing Nigeria in Becoming a Medicine Manufacturing Hub Read More
The South African government is finalizing the 2025 budget, which will be presented to Parliament on March 12, 2025. Following discussions on fiscal challenges, a team led by Deputy President …
South Africa: Cabinet Finalizes Budget Plans Amid Fiscal Challenges Read More