×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

SARS commissioner Tom Moyane has been suspended with immediate effect.  According to the presidency, President Cyril Ramaphosa has cited among his reasons the "deterioration in public confidence in the SARS and public finances being compromised" due to the ongoing controversy at the tax agency under Moyane's leadership.  Ramaphosa said it was in the public interest to restore the credibility of SARS without delay. In a letter to Moyane, Ramaphosa said: “For the sake of the country and the economy, this situation cannot be allowed to continue, or to worsen.” Earlier Business Day reported that Moyane had refused to step down after he was asked to resign by President Cyril Ramaphosa. Ramaphosa asked Moyane to resign on Sunday night, but Moyane said he would not do so citing the upcoming revenue results announcement. According to sources canvassed by the Business Day, Moyane intended using the results announcement to show his success as commissioner despite the tough economic climate. P...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.