Weekly Wrap: Godongwana’s Vat twist, Absa allegations, and more

From Vat chaos to corporate clashes — the top stories you need to see now.

View this email in your browser Good afternoon John Fri, 25 April 2025 Week's top stories Godongwana caves: Vat hike canned Suren Naidoo National Treasury says SA’s Vat rate will be ‘maintained at 15% from 1 May 2025'. Rate cut on the cards? Anathi Madubela Below-target inflation may give the Reserve Bank room for a 25bps cut, economists say. Former customer charges Absa with perjury and defamation Ciaran Ryan Saying the bank misled the courts in attempting to repossess his late father’s Roodepoort property. New employment race targets face court challenge Ciaran Ryan Employers association and Sakeliga promise an immediate challenge to targets based on race, gender and disability under the new Employment Equity Amendment Act. Godongwana’s Vat rewind may hit legal wall Amanda Visser Midnight media move won't stop hike without new legislation or court order. Podcast brought to you by STANLIB Simon's weekly wrap: The importance of frequently checking your credit score Simon Brown This week MoneywebNOW looked at credit reports and credit scores, Trumps tariffs that are still in full force, the latest budget assumed GDP growth and South Africa's cancelled Vat increase. Moneyweb@Midday Jeremy's weekly wrap: Godongwana’s Vat U-turn Jeremy Maggs This week on Moneyweb@Midday, we examined the finance minister's decision to scrap the proposed Vat increase, the latest alumni survey by Ikusasa, and finally, we looked at how many South Africans are already consuming recycled wastewater. Week's top podcasts RADIO » PODCASTS » PSG Financial Services: My preferred Easter bunny treat Supernatural Stocks SA’s property fundamentals ‘much better than five years ago’ The Property Pod The AI war between scammers and the public is getting wild Moneyweb Crypto How to Make Money With … a coffee franchise that started in a container How to Make Money With ... Borrowed money price tag: What debt is really costing you Money Rules Why is Trump threatening Powell? MoneywebNOW - Brought to you by STANLIB Death of a Pope: What happens next? Moneyweb@Midday Gold still the flavour of the month SAFM Market Update Trump roer (weer) die markte RSG Geldsake From our Advisors GET LISTED » CONTACT US » Advisor views VIEW ALL » How to build a crisis-proof investment portfolio Hardi Swart - Family Wealth Custodians Exploring practical ways to build a resilient investment portfolio that can withstand market downturns and economic uncertainty. The F word Johann Rossouw - Fiscal Private Client Services A breakdown of investment fees and why it's crucial to understand what you are paying. Securing your legacy: Navigating the complexities of generational wealth planning Craig Torr - Crue Invest (Pty) Ltd Evolving family structures have heightened the complexity of estate planning, demanding sensitivity, careful consideration, and expert guidance. Your money, your terms: Prioritise with purpose Gareth Collier - Firecrest Group (Pty) Ltd How you can use Falkland's Law to direct your energy and resources towards what truly secures your financial future. Financial wellness audit: Key questions to ensure your financial resilience Erin White - Crue Invest (Pty) Ltd Conducting regular financial checkups can serve as an early warning system. Ask an advisor VIEW ALL » SUBMIT A QUESTION » How can I compare the dividend yields of listed companies? Here's an easy method, but remember it's important to look beyond yields … Top voted comment TRENDING » SUBSCRIBE » Nicholas.Haupt: “save 2.3bn just from non vip protection….” 218 votes On story: Godongwana caves: Vat hike canned Top viewed companies JSE SEARCH » 1 Sasol Ltd. » 2 Aspen Pharmacare Holdings Ltd. » 3 Capitec Bank Holdings Ltd. » 4 Nedbank Group Ltd. » 5 AngloGold Ashanti Ltd. » 6 Sibanye Stillwater Ltd. » 7 Absa Group Ltd. » 8 Naspers Ltd. » 9 Thungela Resources Ltd. » 10 Pick n Pay Stores Ltd. » Latest indicators MORE » ALL DATA TOOLS » Current Value 7 Day 1 Month 3 Months 6 Months JSE ALSI 90,966.42 25 Apr, 15:14 2.07 % 0.94 % 7.43 % 4.06 % Industrial 25 128,380.05 25 Apr, 15:15 3.62 % 1.14 % 8.96 % 8.11 % Financial 15 20,536.50 25 Apr, 15:15 3.50 % -2.69 % 1.95 % -3.70 % Resource 10 69,734.54 25 Apr, 15:15 -2.58 % 7.03 % 19.65 % 14.16 % Top 40 83,679.60 25 Apr, 15:14 2.09 % 1.15 % 9.58 % 5.48 % Current Value 7 Day 1 Month 3 Months 6 Months USDZAR R 18.82 25 Apr, 15:25 -1.20 % 2.94 % 2.21 % 6.38 % GBPZAR R 25.07 25 Apr, 15:27 -0.39 % 6.04 % 9.10 % 9.32 % EURZAR R 21.36 25 Apr, 15:25 -0.35 % 8.66 % 10.84 % 12.09 % AUDZAR R 12.00 25 Apr, 15:27 -0.21 % 4.63 % 3.68 % 3.13 % Get full access to all our market indicators, investment tools and award‑winning articles. 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