SARS is getting desperate after suffering huge shortfalls, and is now auditing a large portion of taxpayers who need to receive refunds. This is according to the Rapport newspaper, which spoke to tax practitioners about changes at the revenue service. According to the newspaper, more salary earners are subjected to audits – while SARS takes..
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SARS desperate – goes after taxpayer who owes R0.49
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The Brothers Who Bought South Africa – Explosive Expose
Excerpts from Bloomberg Publishing’s 6,000 Word Expose Yesterday was the worst day in what has already been a rotten year for the crony capitalist Gupta family. It started with Bloomberg publishing a 6,000 word expose’ targeted at the news giant’s massive global audience. Its title – The Brothers Who Bought South Africa – provides a taste..
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Kasrils: ‘Jacob Zuma Is Dangerous‚ Deceitful And Has Betrayed His Country’
So says the Jew who supported the ANC, Malema, Mbeki and Zuma together with FW de Klerk – to trash South Africa Former intelligence minister Ronnie Kasrils has labelled Jacob Zuma a dangerous disgrace who has betrayed the country and its people‚ and who will stop at nothing to eliminate criticism. Discussing his latest book‚ A..
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Saudi tensions could increase SA fuel prices
The recent political upheaval in Saudi Arabia will lead to South African motorists paying an additional 70 to 80 cents more for fuel in December. And there could be a further increase of about 60 cents in January if current tensions persists, says Econometrix chief economist Azar Jammine. Oil, which has traded at about $50..
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The State Security Agency makes second attempt to gag Jacques Pauw’s book
The State Security Agency has sent yet another cease and desist letter to get The Presidents Keepers withdrawn from bookshelves, but this time the letter was sent to its title editor Russel Martin. Authur and veteran journalist Jacques Pauw announced during the official launch of his book that the SSA’s cease and desist letter gave..
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Treasury letter – Sassa should not have disqualified Post Office
A letter by National Treasury to acting South African Social Security Agency (Sassa) CEO Pearl Bhengu says the agency should not have disqualified the South African Post Office (SAPO) from three possible services in the social grants scheme. Treasury was given a week last Wednesday to review all the deal points of the then-collapsing deal..
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Sassa and Sapo agreement date pushed back yet again
The striking of the elusive deal between the South African Social Security Agency (Sassa) and the South African Post Office (Sapo) has been pushed back yet again. MP’s at a joint meeting in Parliament on Tuesday heard that an offer to the Post Office to build an integrated IT payment system for a new “hybrid”..
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South Africa is held hostage to the toxic politics of the ANC
If it showed anything, the recent medium-term budget policy statement has proven that South Africa does not have a government capable of dealing honestly and head on with the developmental crisis that the country finds itself in. It will not have such a government for some time, at least not until the 2019 general election..
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State capture fiasco shows why collaboration is key to tackling global crime networks
Lord Peter Hain tabled a series of allegations in the UK’s House of Lords relating to the possible role of British banks in alleged money laundering and illicit financial transactions centred around President Jacob Zuma and the Gupta family. The Conversation Africa’s Charles Leonard asked him to explain why he took the step. Hain, who..
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Parastatal waste equals tax shortfall: Treasury will need to find new resources to close the budget gap
The R50‑billion shortfall in tax revenue that the treasury will need to find elsewhere to plug the budget gap is close to how much state-owned entities (SOEs) have thrown down the drain in the past financial year. The auditor general, Kimi Makwetu, released national and provincial audit results on Wednesday. Although the number of clean..
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