15.4 C
Cape Town
Friday, April 17, 2026

South African Revenue Service commissioner Edward Kieswetter says the hard lockdown had a significant effect on revenue collection, with a major decline in domestic value-added tax and other taxes. Kieswetter was reacting to yesterday’s Medium-Term Budget Policy Statement where Finance Minister Tito Mboweni noted a decrease in revenue collection. Kieswetter said that imports had decreased, with local VAT also affected.

Published on

Latest articles

Tributes pour in after sudden passing of Johnny Davids

  The Afrikaans lifestyle channel VIA (DStv channel 147) has paid tribute to television personality Johnny Davids, who passed away suddenly on Thursday morning at...

SASSA Moves to End ‘Unlawful’ Queue Selling Practice

 The South African Social Security Agency (SASSA) has intensified its warning against the illegal sale of queue positions at its offices, vowing a crackdown...

WATCH: Ramaphosa Defends BEE Laws as Elon Musk Fires Back

 President Cyril Ramaphosa has defended South Africa’s Black Economic Empowerment (BEE) legislation, insisting it is aimed at correcting historical injustices, not promoting racism, as...
error: Content is protected !!