In The News South Africa

Sars busts 26kg of cocaine worth over R7 million at OR Tambo airport

JOHANNESBURG, July 21 – The South African Revenue Services (Sars) on Friday, said customs officials and drug detector dogs at OR Tambo International Airport in Johannesburg intercepted 26kg of cocaine cosmetics estimated at around R7.4 million from Sao Paolo, Brazil, in transit to the Democratic Republic of Congo. “The shipment of narcotics was discovered when […]

In The News South Africa

Consumer commission ‘timeshare’ hearings move to Cape Town

CAPE TOWN, July 10 – The National Consumer Commission (NCC) has urged Western Cape consumers who have experienced problems with the holiday club ownership “timeshare” industry to participate in its public hearings in Cape Town this week. Speaking ahead of the public hearings scheduled from Tuesday to Thursday, NCC commissioner Ebrahim Mohamed appealed to consumers […]

Business In The News South Africa

Sars says it targets R1.265-trillion revenue collection for 2017

JOHANNESBURG, July 4 – The South African Revenue Services (Sars) said on Tuesday, that some media have incorrectly inflated its revenue collection target for 2017. This comes after reports that Sars aimed to collect over R1.6 trillion this tax season, though warning that the technical recession could have an impact. Sars Commissioner Tom Moyane, together with […]

Business In The News South Africa

SA records trade surplus of R9.5 bln for May – SA Revenue Service

CAPE TOWN, June 30 – South Africa registered a trade balance surplus of R9.5 billion for May this year, according to trade statistics released by the South African Revenue Service (Sars) on Friday. The stats, which include trade information with Botswana, Lesotho, Namibia and Swaziland, shows a year-to-date improvement in the trade balance. Between January […]

In The News South Africa

Two arrested at Joburg Airport with almost R5 million worth of rhino horns

JOHANNESBURG, June 12 – Two people were arrested at OR Tambo International Airport after customs officials intercepted two bags with 10 rhino horns with an estimated value of R4.99 million, the South African Revenue Services (Sars) said on Monday. Spokesperson Sandile Memela said that officials intercepted the horns weighing 24.96kg on Sunday. “The discovery was […]