Coronation believes all but two of the JSE’s 50 biggest companies stand to have their global competitiveness eroded should the Constitutional Court rule against it in a dispute with the SA Revenue Service (Sars).

The dispute centres on a Supreme Court of Appeal (SCA) ruling that, as an Irish company in the Coronation group, which has about R630bn in total assets under management, was not conducting its primary business operations in Ireland, it is liable for SA taxes...

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