Allan Gray fraud warning for South Africa
Allan Gray has highlighted South Africa’s fraud epidemic, and has provided tips for South Africans to stay safe.
Auto Added by WPeMatico
Allan Gray has highlighted South Africa’s fraud epidemic, and has provided tips for South Africans to stay safe.
Edward Kieswetter has collected over R1.1 trillion in compliance revenue during his time as SARS commissioner, having been instrumental in rebuilding this capacity following the destructive state capture years.
South Africans who have moved abroad are facing new rules when trying to move money out of the country.
Sentiment toward South Africa has shifted decisively to positive this week, following an optimistic and credible mid-term budget review—but economists warn not to lose sight of reality in the euphoria.
SARS is setting its sights squarely on the illicit economy in South Africa, which it says has grown to staggering levels.
Finance Minister Enoch Godongwana said he would close the National Student Financial Aid Scheme (NSFAS) if it were up to him.
There was a time when gambling meant neon lights and cigarette smoke. It lived in casinos, in places you had to dress up to enter, where security guards checked your shoes and your ID. It was a leisure class sin, something whispered about, maybe even admired from a distance. Now, it lives in your pocket….
The rand’s show of resilience this year has not been a fluke, with the unit not only gaining against the dollar but other major currencies as well.
SARS is afforded wide-reaching powers to come after tax abusers in the country, including warrantless searches of business properties, and taking money out of individuals’ bank accounts.