In City Press Business: Tax evaders beware, SA economy in ‘precarious situation’, Eskom looks on bright side

The new SA Revenue Service boss is looking to nail tax evaders and weed out bad apples left over from the disastrous era of former commissioner Tom Moyane.The outgoing acting commissioner of the Sars, Mark Kingon, expressed his disappointment this week at having not been appointed permanently to the post.

The significant shortfall in tax revenues announced this week by the SA Revenue Service demonstrated that public finances were in “a really precarious situation”, Treasury director-general Dondo Mogajane said.Eskom’s bold promise to avoid all load shedding this winter – or at least limit it to stage 1 – is contingent on a number of optimistic assumptions.

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In Business: AngloGold’s mining rights under threat, battle to stop copyright bill, VBS claims more victimsIn City_Press Business today: AngloGold Ashanti threatened with loss of its local mining rights by department of mineral resources; VBS Mutual Bank claims another victim as an insurance group destroyed by its exposure to the bank is going into liquidation CORRECTION:My Complaint to the PUBLIC PROTECTOR is NOT against AGA but against the DMR for having what I would call a CORRUPT RELATIONSHIP with AGA by failing to DIRECT AGA to COMPLY with the CONDITIONS of its MINING RIGHTS by DIRECTING AGA to PAYBACK over R500m to MINEWORKERS.
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