SARS Commissioner Oupa Magashula resigns

On 24 March 2013 I said I would institute a thorough investigation into allegations against the Commissioner of the South African Revenue Service (SARS), Mr Oupa Magashula, published in the media on that day. Following the outcome of a fact-finding inquiry into these allegations, Mr Magashula has resigned with effect from 12 July 2013.

BETI shows further signs of a return to normal

A return to “normal” economic growth may not be entirely satisfactory to the average South African, but with the BankservAfrica Economic Transaction Index (BETI) indicating that the economy is stabilising after the recent shockwaves of labour upheavals and weakening of our currency, “normal” should be cause for celebration.