DURBAN - The Minister of Finance Tito Mboweni has re-appointed Mark Kingon as acting commissioner of the South African Revenue Service for a further period of 90 days.
The extension of Kingon's appointment as Acting Commissioner will be effective from 14 March 2019 until 11 June 2019 or until such date as the President appoints a new Commissioner for SARS – whichever occurs earlier. Section 7 of the SARS Act empowers the Minister of Finance to appoint an acting commissioner. The President, however, appoints a permanent commissioner. Minister Mboweni has thanked Mr Kingon for continuing to avail himself to serve SARS in the capacity of Acting Commissioner.
According to the Finance Minister, The National Treasury will continue to be available to provide any assistance to Kingon as the new Acting Commissioner needs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury to act against staff implicated in IFMS investigation | IOL Business ReportParliament's Standing Committee on Appropriations last week accused the Treasury of failing to comply with its own regulations.
Source: IOL - 🏆 46. / 51 Read more »
Before end of March there will be something, says minister amid SABC woes | IOL Business ReportThe South African Broadcasting Corporation (SABC) was heading for factual insolvency by the end of March.
Source: IOL - 🏆 46. / 51 Read more »
JUST IN: Group Five placed in business rescue | IOL Business ReportThe group and its subsidiaries have said to have been experiencing cash flow difficulties due to significant operating losses. busrep interesting move
Source: IOL - 🏆 46. / 51 Read more »
FlySafair passengers can now receive their boarding passes via WhatsApp | IOL Business ReportThe company stated that it will be beneficial to passengers who have not made the booking themselves.
Source: IOL - 🏆 46. / 51 Read more »
Socially conscious' manufacturer lands major contract with the Shoprite Group | IOL Business ReportVerigreen, has been awarded a multi-million rand contract to supply 25 different products under the Shoprite Group’s Ritebrand and Housebrand labels.
Source: IOL - 🏆 46. / 51 Read more »
WATCH: This is what the Huawei P30 device could look like | IOL Business ReportA video posted by the company stated that the Huawei P30 will be revealed this month in Paris after the Mobile World Congress.
Source: IOL - 🏆 46. / 51 Read more »
Old Mutual to spend R2billion in share buy-back plan | IOL Business ReportThe group said the repurchase of OML shares will take place on both the JSE and London Stock Exchange from March 12 to May 24.
Source: IOL - 🏆 46. / 51 Read more »