This content is from: South Africa

SARS re-establishes large business unit

The South African Revenue Service is set to re-establish the large business unit and illicit economy team as part of an overhaul of the tax authority.

SARS Acting Commissioner Mark Kingon has set out to re-establish the large business unit to deliver services to large companies more efficiently and effectively. Hlengani Mathebula, chief officer for governance, is overseeing the process of building an experienced multidisciplinary team.

At the same time, Mogola Mokola, chief enforcement officer, will oversee the relaunch of the illicit economy team. As illicit financial flows cost South Africa an estimated $122 billion from 2003 to 2012, tackling illicit trade is crucial for fighting corruption in the country.

These decisions come just after SARS appointed Johnstone Makhubu as its chief officer of finance. Makhubu served as acting chief officer for a year, during which time he managed the finance division, including procurement and corporate real estate.

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