South Africa’s Godongwana Says He Won’t Resign Over VAT U-Turn

Enoch Godongwana — Enoch Godongwana
Photographer: Tierney L. Cross/Bloomberg

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By Jennifer Zabasajja

April 24, 2025 at 1:47 PM EDT

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South African Finance Minister Enoch Godongwana said he sees no reason to resign following his U-turn on a proposed tax increase that threatened to rupture the nation’s coalition government.