# The DA has confirmed that lawyers acting for the minister of Finance, Enoch Godongwana, have approached the party proposing an out-of-court settlement. This is concerning the High Court matter the DA brought to interdict the VAT increase. Meanwhile, Godongwana has released a statement, saying that he has decided to reverse the decision to hike the value-added tax rate by 0.5 percentage points. The DA’s Federal Council chairperson, Helen Zille, says they will be meeting a high-level ANC delegation today:
DA confirms VAT hike settlement talks with minister Godongwana [SOUND]
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