More amendments on the table to get SA off the grey list
One of the amendments will allow Sars to share taxpayer information with a wider range of government agencies.
Enoch Godongwana
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National Treasury’s approach is ‘moderate’ spending cuts and a ‘sustainable’ increase in borrowing.
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The curator finds there are no reasonable prospects that the bank can be rehabilitated as a going concern.
Treasury director Yanga Mputa appointed as the new Tax Ombud
The ombud’s office is a crucial mechanism for ensuring fairness, accountability, and transparency in the tax system, finance ministry says.
Auditors’ regulator welcomes hike in fines for misconduct
But will this have unintended adverse consequences for the profession?
Treasury gives the FIC a R265m boost to fight financial crime
The Centre has launched a new forensic unit to assist law enforcement combat complex money-laundering cases.
Prosecutions and jail time ‘is the test SA must pass to get off the grey list’
Intellidex cautions against putting false confidence in exact numbers of the economic impact of grey-listing.
Habib curatorship unrelated to overseas banking crisis, says Sarb
Habib Overseas Bank has failed to comply with financial sector regulations, including strict exchange control rules, it says.
Treasury ‘needs to adjust’ Budget predictions following SA’s grey-listing
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Treasury expects grey-listing will have ‘a limited impact’ on financial stability and the costs of doing business with South Africa.
New regulations on reporting the movement of money to and from South Africa
Finance minister sets the threshold above which transfers must be reported to the FIC.
Finance Minister makes appointments to Ombud Council
New chairperson is currently the head of group finance: governance and risk compliance at Transnet.
Omnibus anti-money laundering bill almost there
Opposition parties criticise rushed process and impact on NGOs.
Important expenses not factored into the medium-term budget
A major concern is the contingent liability guarantees of municipalities and some of the state-owned enterprises.
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Judge Bernard Ngoepe ends his nine-year tenure as Tax Ombud
CEO Thabo Legwaila named as the acting ombud for three months.
