SA’s tax authority has established that SA taxpayers have assets of more than R400bn offshore, a lot of which has probably not been declared.

Tapping into this undeclared wealth would help the SA Revenue Service (Sars) in its efforts to generate the revenue needed to finance development and reduce debt...

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now