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South African Revenue Service
The South African Revenue Service (SARS) is the revenue service of the South African government. It administers the country's tax system and customs service, and enforces compliance with related legislation. It is governed by the SARS Act 34 of 1997, which established it as "an organ of state within the public administration, but as an institution outside the public service." It thus has a significant degree of administrative autonomy, although it is under the policy control of the Minister of Finance. Effectively, SARS manages, administrates, and implements the tax regime as designed by the Minister and National Treasury. SARS was established in 1997 by a merger of the customs and inland revenue departments, at the recommendation of the Katz Commission, which had been instituted to review the South African tax system for the post-apartheid era. In subsequent years, under the leadership of Pravin Gordhan, SARS gained a reputation for effectiveness. However, between 2014 and 2018, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of South Africa
The Republic of South Africa is a parliamentary republic with three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa. Executive authority is vested in the President of South Africa who is head of state and head of government, and his Cabinet. The President is elected by the Parliament to serve a fixed term. South Africa's government differs greatly from those of other Commonwealth nations. The national, provincial and local levels of government all have legislative and executive authority in their own spheres, and are defined in the South African Constitution as "distinctive, interdependent and interrelated". Operating at both national and provincial levels ("spheres") are advisory bodies drawn from South Africa's traditional leaders. It is a stated intention in the Constitution that the country be run on a system of co-operative governance. The national government is c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Athol Williams
Athol Williams (born 20 June 1970) is a South African poet, social philosopher and public intellectual based at Oxford University. Life Williams was born in Lansdowne, Cape Town, South Africa, and grew up in Mitchells Plain, the coloured township established under apartheid. Before becoming a professional writer and social philosopher, he worked in business for fifteen years, mainly as a strategy advisor. It was at the University of the Witwatersrand, in 1991, that he published his first poem, "New South Africa", in the student publication ''Wits Student''. The poem captured the newfound optimism associated with the release from prison of Nelson Mandela and other anti-apartheid leaders in 1990. He is the co-founder of Read to Rise, an NGO that promotes youth literacy by making appropriate books available to children in poor communities and founder of thInstitute of Social and Corporate Ethics(ISCE). He serves on the board of New Contrast Literary Magazine, a South African li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gauteng
Gauteng ( ) is one of the nine provinces of South Africa. The name in Sotho-Tswana languages means 'place of gold'. Situated on the Highveld, Gauteng is the smallest province by land area in South Africa. Although Gauteng accounts for only 1.5% of the country's land area, it is home to more than a quarter of its population (26%). Highly urbanised, the province contains the country's largest city, Johannesburg, which is also one of the largest cities in the world. Gauteng is the wealthiest province in South Africa and is considered as the financial hub of not only South Africa but the entire African continent, mostly concentrated in Johannesburg. It also contains the administrative capital, Pretoria, and other large areas such as Midrand, Vanderbijlpark, Ekurhuleni and the affluent Sandton. Gauteng is the most populous province in South Africa with a population of approximately 16.1 million people according to mid year 2022 estimates. Etymology The name ''Gauteng'' is derived ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bain & Company
Bain & Company is an American management consulting company headquartered in Boston, Massachusetts. The firm provides advice to public, private, and non-profit organizations. One of the Big Three management consultancies, Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group Bill Bain and his colleagues, including Patrick F. Graham. In the late 1970s and early 1980s, the firm grew rapidly. Bill Bain later spun off the alternative investment business into Bain Capital in 1984 and appointed Mitt Romney as its first CEO. Bain experienced several setbacks and financial troubles from 1987 to the early 1990s. Romney and Orit Gadiesh are credited with returning the firm to profitability and growth in their sequential roles as the firm's CEO and chairman respectively. In the 2000s, Bain & Company continued to expand and create additional practice areas focused on working with non-profits, technology companies, and others. It developed a substanti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zondo Commission
The Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector including Organs of State, better known as the Zondo Commission or State Capture Commission, is a public inquiry established in January 2018 by former President Jacob Zuma to investigate allegations of state capture, corruption, and fraud in the public sector in South Africa. By December 2020, the commission had interviewed 278 witnesses and collected 159,109 pages and one exabyte of data as evidence. It received eight extensions to finish its report, with 15 June 2022 being the end of its mandate. The first part of the report was published on 4 January 2022. The fifth and final part was published on 22 June 2022. It has cost the state close to R1 billion, far more than any prior South African judicial inquiry. History In 2016, the Public Protector, Thuli Madonsela, launched an investigation into state capture after receiving formal complaints from Stanislaus Muyebe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nugent Commission
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Nugent may refer to: * ''Nugent'' (album), album by Ted Nugent * Nugent (surname) * Nugent, Tasmania, town in Australia * Nugent, United States Virgin Islands, village * Nugents department store (B. Nugent & Brother), St. Louis, MO, USA See also * Nugent Sound, British Columbia, Canada * , a ship that convicts emigrants to New Zealand for the New Zealand Company before she foundered in 1854 Titles under the British crown * Earl Nugent * Nugent Baronets There have been nine baronetcies held by people with the surname Nugent, four in the Baronetage of Ireland and five in the Baronetage of the United Kingdom. Six of the creations are extinct, while three are extant. The Nugent Baronetcy, of Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The President's Keepers
''The President's Keepers: Those Keeping Zuma in Power and out of Prison'' a 2017 book by Jacques Pauw, a South African investigative journalist, about allegedly corrupt and compromised power networks in the South African government under President Jacob Zuma. Synopsis In eighteen chapters and an epilogue, the book details the creation and functioning of a "shadow mafia state" created by and surrounding President Jacob Zuma. Pauw makes a number of serious allegations about Zuma, including that he did not pay taxes during his presidency, that he was illegally paid R1 million ( $70,000) a month by a private company while president, that he failed to pay back loans, and that he has poor financial acumen. The book also makes a number of accusations concerning criminal and other misconduct by various associates of Zuma. These include that the Gupta family groomed the children of African National Congress (ANC) politicians to gain political influence and that Nkosazana Dlamini-Zu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacques Pauw
Jacques Pauw is a South African investigative journalist who was an executive producer of the ''Special Assignment'' current affairs programme on SABC. Pauw was a founding member and assistant editor of the anti-apartheid Afrikaans newspaper Vrye Weekblad. He began his television career in 1994, specializing in documentaries around the African continent. Throughout his journalistic career, Pauw investigated lethal criminal activities in the underworld of southern Africa and exposed atrocities committed by governments around the African continent. Affairs covered by Pauw's documentaries include the Rwandan genocide, the War in Darfur, and the police death squads in South Africa under apartheid. In November 2017, South Africa's state security agency (SSA) brought criminal charges against Pauw because of claims made in his book, " The President's Keepers." His house was raided by the South African police in February 2018. Retirement In 2014, Jacques Pauw retired from journali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AmaBhungane
AmaBhungane Centre for Investigative Journalism is an investigative journalism organisation focusing primarily on exposing political corruption in South Africa and neighbouring countries. They say that their name means “dung beetles” in isiZulu, one of the indigenous languages of South Africa. They claim they are “digging dung, fertilising democracy.” Their “#GuptaLeaks” investigations have produced many stories over the years that exposed substantive political corruption in the South African government, recognised by several prestigious awards for investigative journalism. These reports suggested that the Gupta family had ”captured the state” through their friendship with then-President Jacob Zuma and seem to have contributed to 2016 electoral defeats by the ANC in South Africa's largest cities, the defeat of Zuma as president of the African National Congress on 18 December 2017, and then to Zuma's resignation as head of state on 14 February 2018. They've also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Capture
State capture is a type of systemic political corruption in which private interests significantly influence a state's decision-making processes to their own advantage. The term was first used by the World Bank, around the year 2000, to describe the situation in certain Central Asian countries making the transition from Soviet communism. Specifically, it was applied to situations where small corrupt groups used their influence over government officials to appropriate government decision-making in order to strengthen their own economic positions; these groups' members would later become known as oligarchs. Allegations of state capture have led to protests against the government in Bulgaria in 2013–2014 and in 2020–2021 and Romania in 2017, and have caused an ongoing controversy in South Africa beginning in 2016. Defining state capture The classical definition of ''state capture'' refers to the way formal procedures (such as laws and social norms) and government bureaucracy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tom Moyane
Tom Moyane (born 31 January 1953) is a South African development economist and former commissioner of the South African Revenue Service (SARS). Education and exile After obtaining a BSc in Economics from the Eduardo Mondlane University in Mozambique, he served as national commissioner of the Department of Correctional Services and chief executive of the Government Printing Works. He had also been an advisor to the State Information Technology Agency. While in exile from South Africa during Apartheid he worked for government departments in Mozambique and Guinea-Bissau. Career SARS Commissioner Moyane was appointed chief tax collector in September 2014. During his tenure, Moyane had been heavily criticised for his financial management of SARS and his treatment of a controversial investigation that saw the departure of 55 senior staff and managers from the organisation. The 2017 book ''The President's Keepers'' claimed that Moyane's predecessor had begged South African Preside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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