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Sars confirms Ramaphosa, Phala Phala are 'compliant' taxpayers

President Cyril Ramaphosa

President Cyril Ramaphosa

7th March 2023

By: News24Wire

  

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The South African Revenue Services (Sars) on Tuesday said President Cyril Ramaphosa and his companies - Ntaba Nyoni Estate, and Ntaba Nyoni Feedlot - "are compliant with their tax obligations to date."

Sars Commissioner Edward Kieswetter made the announcement following "considerable public interest and concern" in the president's affairs.

This followed the revenue service's announcement that Hazim Mustafa, the Sudanese businessman who paid $580 000 in cash to Ramaphosa's Phala Phala farm, did not declare the money he brought into the country in December 2019.

The money is subject to a probe by the Public Protector.

Edited by News24Wire

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