South Africa Halts Planned VAT Hike After Pushback
South Africa’s Finance Minister Enoch Godongwana has dropped plans to increase value-added tax (VAT), in a major climb-down to prevent the collapse of the coalition government. Godongwana’s decision came after the second-biggest party, the Democratic Alliance (DA), threatened to quit the government, warning a VAT hike would hurt the poor the most. Godongwana, a member […]
South Africans gears up for general elections today
South Africans will head to the polls today for a landmark general election. Polls open at 7 a.m., and according to the Independent Electoral Commission, more than 27 million voters total are registered in the country of 60 million people. Ruling party, the African National Congress, is for the first time facing the possibility of losing power, […]
