By Loushe Jordaan Gilbert Following Finance Minister Enoch Godongwana’s announcement on Wednesday that the old age and disability grants will increase by R130, pensioners have expressed their gratitude for the increase but stressed that it would not be enough to cover the rising cost of living and the 0.5% Value
South African Social Security Agency (SASSA) gold card users must transition to Postbank black cards before March 20, as gold cards will be deactivated, leaving black cards as the sole means for beneficiaries to access their funds. Speaking on NewsBeat on Thursday, Postbank CEO Nikki Mbengashe provided an update on
By Kouthar Sambo Finance Minister Enoch Godongwana announced a 0.5% increase in value-added tax (VAT) this year, with another increase planned for next year during his National Budget Speech on Wednesday, March 12, 2025. This means the VAT rate will rise to 16% by 2026/27. Additionally, personal income tax brackets
Finance Minister Enoch Godongwana delivered his highly anticipated budget speech in Parliament on Wednesday, March 12, unveiling tax measures that many believe will place further strain on struggling South Africans. One of the most contentious announcements was a 0.5 percentage point increase in VAT for 2025, with another hike planned
Table Bay police are seeking the public’s help in identifying a group of individuals suspected of committing a jewelry heist at the V&A Waterfront on February 22, 2025. Police spokesperson Anelisiwe Manyana said the incident involved three unidentified women and one man, who entered a jewelry store in Alfred Mall
By Loushe Jordaan Gilbert The Government of National Unity (GNU) has expressed mixed reactions to Finance Minister Enoch Godongwana’s plan to raise value-added tax (VAT) by 0.5 percentage points this fiscal year, followed by another 0.5 percentage point increase in 2026, bringing VAT to 16%. Several political parties have voiced
The Student Forum has criticized Finance Minister Enoch Godongwana’s revised budget, arguing that it fails to address the financial barriers preventing thousands of students from accessing quality higher education. Delivering his budget speech in Parliament on Wednesday (12 March), Godongwana outlined the government’s financial plans, but student representatives say the
The National Budget Speech, delivered on Wednesday by Finance Minister Enoch Godongwana, has faced criticism from various quarters, with many calling it unbalanced. A major point of contention is the National Treasury’s plan to increase value-added tax (VAT) by 0.5 percentage points in the 2025/2026 financial year, followed by another
Finance Minister Enoch Godongwana has announced a staggered increase in Value-Added Tax (VAT), raising it by 0.5 percentage points on May 1, 2025, followed by another 0.5 percentage point hike next year. By the 2026/27 financial year, VAT will stand at 16%. The decision, unveiled during his revised Budget Speech
VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.
