South Africa in the news:
- Zuma: SA combating ‘scourge’ of illicit financial flows: Cape Town – South Africa has signed a number of multilateral agreements to combat illicit financial flows, including information exchange controls to make it more difficult for taxpayers to hide their assets abroad, President Jacob Zuma said in a written …: “South Africa” – BingNews
- ANC looks to ‘compromise’ candidate to end toxic power struggle: What started as an argument between rival members of the African National Congress quickly erupted into violence when South Africa’s ruling party held a provincial meeting. Chairs were hurled through the air, fist-fights broke out across the conference …: “South Africa” – BingNews
- McKinsey seeks to defend fees in Eskom case: The management consultant said in a statement on Tuesday that “we stand by our work” at Eskom and that it would ask the high court in South Africa to review the deal. The utility said last week it “unlawfully paid” McKinsey and Trillian Capital …: “South Africa” – BingNews
- South Africa gets extra R1bn in tax as people disclose offshore assets: The South African Revenue Service (SARS) on Tuesday said over 2‚000 taxpayers had taken up the Special Voluntary Disclosure Programme announced in the Budget Speech in 2016 by the then Finance Minister‚ Pravin Gordhan‚ to give non-compliant taxpayers …: “South Africa” – BingNews
- McKinsey will pay back Eskom’s money on court order: Protesters want a full probe into McKinsey’s actions in South Africa. Johannesburg – Global consultancy firm McKinsey announced on Tuesday that it will pay back in full a R1bn fee to Eskom if a court determines that the power utility had acted unlawfully.: “South Africa” – BingNews