BizNews BizNews Radio

Nowhere to hide for the illicit economy and tax abuse - warning from SARS interim head

Loading player...
LONDON — The man accused of being involved in smuggling cigarettes and falsifying documents, Adriano Mazotti found himself to be in the firing line of a new drive by SARS to clamp down on the illicit economy. High Court Sheriffs attached and removed all movable property from his house and a warehouse in Johannesburg. SARS says Mazotti, who is a known backer of the Economic Freedom Fighters, owns the taxman R71.9m. In a news conference before Finance Minister Tito Mboweni’s budget speech, acting SARS Head, Mark Kingon did not want to comment on the Mazotti case, but warned that it is not only the tobacco space that they will be focusing on. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Feb 2019 1PM English South Africa Investing · Business News

Other recent episodes

DA’s Double-Duty Man

South Africa doesn't hear enough from politicians who do the unglamorous work of fixing the state. Jan de Villiers is one of them. The DA MP and chair of Parliament's Portfolio Committee on Public Service and Administration just drove through a landmark law that tightens the firewall between party politics…
17 Apr 8AM 38 min

Elon Musk vs BEE: The explosive debate that could change South Africa forever

From Elon Musk’s Pretoria beginnings to global dominance, this conversation dives into power, policy, and South Africa’s economic crossroads. Solidarity’s Dirk Hermann unpacks the growing backlash against BEE, arguing it stifles jobs, fuels elite enrichment, and deters investment. With pressure mounting from markets, citizens, and international players, is reform inevitable?…
17 Apr 7AM 41 min
All episodes