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Economy

Pravin Gordhan to announce board changes to SOEs

May 24 2018 06:07

Public Enterprises Minister Pravin Gordhan will announce new board appointments for state-owned enterprises in his portfolio.

Economy

SARS to reestablish teams to probe illicit tobacco trade

24 minutes ago

The tax agency is in the process of reestablishing dedicated investigative teams to probe the illicit tobacco trade, SARS acting head Mark Kingon has told Parliament.

Economy

Eskom chief culprit in cost expansions and deviations

16 minutes ago

Eskom is the chief culprit among state entities and departments when it comes to deviating from procurement guidelines and expanding the scope of its contracted work, Parliament has heard.

Economy

Treasury urges tighter regulations, more consequences for irregular spend

May 23 2018 20:33

Some officials are abusing processes for deviations and expansions - which are meant to be exceptions rather than the rule in procurement - and regulations must be "revisited", Treasury has told Parliament.

Economy

Tax probe will go long way towards redeeming SARS - legal expert

May 23 2018 18:17

President Cyril Ramaphosa’s proclamation of the inquiry into SARS is a positive development and will go a long way to redeem the revenue service’s reputation, says legal expert Lawson Naidoo .

Economy

Hawks confirm investigation into former SARS boss Tom Moyane

May 23 2018 16:46

A spokesperson for the priority crime investigating unit says the matter is not new and the Hawks have until May 30 to conclude the investigation.

Economy

Ramaphosa names retired Judge Robert Nugent to head SARS inquiry

May 23 2018 15:04

President Cyril Ramaphosa has announced that retired Supreme Court of Appeal Judge Robert Nugent will chair a commission of inquiry into the country's tax administration.

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Economy

Treasury gives glimpse into what to expect in SARS inquiry

May 23 2018 12:47

The parameters of a commission of inquiry into tax agency SARS, mentioned by President Cyril Ramaphosa during his State of the Nation Address, are expected to be announced later in the week.

Economy

Treasury's Momoniat slams SARS for not providing info in Makwakwa probe

May 23 2018 12:13

A report by PWC indicates that the tax agency did not provide adequate information to investigators during a probe of former official Jonas Makwakwa, a top Treasury official has told Parliament.

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