Budget balancing avoids blood bath

Budget

After weeks of political debate, Finance Minister Enoch Godongwana finally delivered the 2025 Budget Speech. The delay was due to disputes over the proposed VAT hike, which opposition parties warned would be a “bloodbath” for South African businesses. They argued that higher VAT would raise costs for struggling small businesses and increase prices for consumers, […]

AGOA changes may impact German companies in SA but they’re not deterred, says SA-German Chamber of Commerce

German

Peter van Binsbergen, President of the Southern African-German Chamber of Commerce and Industry (AHK Southern Africa), on Tuesday addressed concerns regarding potential changes to the African Growth and Opportunity Act (AGOA) and their impact on German companies operating in South Africa. The AHK Southern Africa is an organisation that fosters bilateral trade and investment between […]