South Africans will soon be paying more for everyday essentials as the government considers an increase in Value Added Tax (VAT). Finance Minister Enoch Godongwana said in the 2025 Budget Speech that government proposes to increase South Africa’s VAT rate by 0.5 percentage points in 2025/26 and 0.5 percentage points in 2026/27. This will bring … Continue reading How a VAT increase will impact your grocery bill