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Edendale Mall reopens for trade following July 2021 riot damageThe re-opening of the new, improved Edendale Mall is the final step in the rebuild process that will see the portfolio once again trading at full capacity.The rebuild of Greater Edendale Mall has begunSite establishment of the regional mall and demolition works began in the first week of February and completion is expected to take approximately 18 months.Budget 2025: 0.5% VAT increase proposed for 2025 and 2026To raise the revenue needed, the government proposes to increase the VAT rate by half- a percentage point in 2025/26, and by another half-a-percentage point in the following year. This will bring the VAT rate to 16 per cent in 2026/27.