ANC Moots Smaller South Africa VAT Hike With EFF Linkup, ST Says

South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ruling coalition if those in it don’t back the move, the Sunday Times reported.

Parties including the Democratic Alliance objected to a proposal by Finance Minister Enoch Godongwana of the African National Congress to raise the rate to 17% from 15%, resulting in him not presenting the budget to lawmakers as scheduled last month, a first for the nation. That is now set for March 12.

The ANC and DA are in a ...