News24 | Carol Paton | Scramble to stop VAT is on as Treasury weighs new options

ANC concludes Budget talks — so what’s next?

After Budget talks ended in deadlock, the ANC is facing mounting pressure to take tough decisions. The party's leadership must now determine whether to abandon the VAT increase and reconsider the structure of the government of national unity.

News24 | Carol Paton | Scramble to stop VAT is on as Treasury weighs new options

The government of national unity (GNU) is back on track with wide consensus among political parties that the VAT increase should be stopped. But pulling it off will be tricky, and retailers and other economic actors might only know at the last possible minute what will happen, writes Carol Paton.

ANC ponders backing down on VAT hike amid opposition from coalition partners

South Africa’s ANC Is Said to Withdraw Plan to Raise VAT by 0.5%

South Africa’s biggest political party is set to back down from a plan to increase value-added tax after other parties indicated they won’t support it, the Sunday Times reported.

ANC poised to drop 0.5% VAT hike

Party faces tough task of persuading finance minister Enoch Godongwana to find alternatives after parties reject increase

VAT court challenge stays; Treasury may drop increase: Three future GNU scenarios for SA

Three scenarios ranked by Daily Maverick by what it means for you. The charts below show the parties in Parliament. Scenario 1 is the existing GNU. In Scenario 2, ActionSA and Bosa join the GNU and the DA leaves. In Scenario 3, the EFF is brought into government, along with ActionSA and Bosa, while the DA leaves. Note that these are moving scenarios in which much may change. Scenario 1 — the status quo holds  This is Scenario 1, where the ANC an…