ADVERTISEMENT: Business Leadership South Africa is ready to partner with Kieswetter’s SARS, says its CEO Bonang Mohale

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ADVERTISEMENT: Business Leadership South Africa is ready to partner with Kieswetter’s SARS, says its CEO Bonang Mohale By Bonang Mohale

after acting commissioner Mark Kingon had held the fort for a while. This followed the firing of the head, Tom Moyane. Notably, though, this is not the first time Kieswetter is at SARS. During his first period at SARS, Kieswetter launched the Large Business Centre and High Net Worth Individual Unit, leading to the enhancement of revenue collection and compliance.

Kieswetter will assume his duties from 1 May 2019 on the backdrop of the report of Nugent Commission of Inquiry into SARS. Due to lacklustre systems introduced by Moyane, SARS was also losing over R7-billion per year due to illicit trade, particularly on cigarette illicit trade. When an institution through which over R1-trillion is processed per annum malfunctions, it follows without any doubt that the country’s economy will also suffer. Business also suffered a lot during his tenure as unprincipled agents ran unhindered within SARS in pursuit of their corrupt intentions.

Source: News Formal (newsformal.com)

 

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