12/23/2025
The finance minister conceded that South Africa’s tax-to-GDP ratio, at 25.1%, was historically high, and high when compared to other global economies, including those similar to South Africa in size.
12/22/2025
South Africans at large will only find out when the next budget is tabled in February 2026.
12/12/2025
A new global tax agreement will soon allow SARS to automatically receive detailed information about foreign immovable property owned by South African taxpayers in over 20 countries.
12/12/2025
Dr. Ichanyi promised that Kogi State Government would not relent in support of President Tinubu’s tax reform policy
12/10/2025
It warned that SARS is doubling down on this aggression and is focusing on specific taxpayer segments, such as crypto traders and high-net-worth individuals.
12/08/2025
These penalties can run up to 200% of the shortfall between what taxpayers declare and what a revised assessment concludes.
12/03/2025
The CARF and CRS represent the world’s most comprehensive international tax transparency frameworks, and come into effect from 1 March 2026.
12/01/2025
On the other, tax collection and the inflow of external donations have strengthened state financing, helping to mitigate immediate fiscal risks.
11/26/2025
Other African countries were evolving. Kenya pushed its tax-to-GDP ratio to 17 percent
11/26/2025
To enforce compliance and effective implementation, some guidelines, including penalties for flouting the laws, have been put in place. Some of the penalties have been outlined below.
11/26/2025
This indicated a potential slowdown in the economy and bolstered market expectations for a rate cut next month.
11/25/2025
Critical for credibility and the protection of taxpayer rights.
11/24/2025
The government proposes a radical overhaul of the consumption tax system, raising the VAT threshold and unifying rates.
11/19/2025
The adoption of the report paved the way for implementation of the tax waiver, which government insists will benefit Ghana
11/19/2025
Current geopolitical landscape heightens trade uncertainty and fiscal pressures.
11/18/2025
Kieswetter was appointed as SARS commissioner in 2019, and his contract was expected to run through to April 2024.
11/14/2025
The rand temporarily dropped below the significant R17/USD mark for the first time since February 2023, reaching 16.955—its strongest level in more than two years.
11/13/2025
The allocation was intended in part to strengthen debt collection
11/12/2025
Godongwana will deliver the delayed mid-term budget following several attempts to pass the initial budget amid outcry over a proposed VAT increase.
11/11/2025
An equally staggering statistic is that 1,051 companies paid 72.3% of all company income tax in South Africa.