We’re recapturing state-owned companies (and fixing Sars) - Minister Nene
The number of initiatives - and structural reforms - are beginning to bear fruit… We’re looking closer to 2% [GDP growth]…Nhlanhla Nene, Finance Minister
There’s always a lag in that [tax collection] space… Sars needs to beef up its administrative capacity… We’re sitting down with the leadership at Sars…Nhlanhla Nene, Finance Minister
Treasury is working hard to recapture state-owned entities, and to help restore public confidence in government institutions, including the South African Revenue Service (Sars).
So said Finance Minister Nhlanhla Nene on Tuesday while tabling his department’s budget in Parliament.
Economic growth is likely to exceed projections made in February, said Minister Nene.
Listen to the interview in the audio below.
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