SARS Ramps Up Crackdown, Collects Over R300 Billion in Compliance Revenue

SARS collected R304 billion in compliance revenue in 2024/25, intensifying audits on high-net-worth individuals and crypto traders. Picture Credits: Nexia sab&t By Aisha Zardad South Africa – The South African Revenue Service (SARS) has reported a dramatic 16.7% increase in “compliance collection,” bringing in R304 billion by pursuing overdue taxes from taxpayers across the country. High-net-worth…

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Eskom Employee Allegedly Siphoned Millions to Build Luxury Polokwane Home

Eskom employee Johannes Mfalapitsa and his family allegedly siphoned millions from a state tender to build a luxury home in Polokwane. The SIU has frozen key assets as investigations continue. Picture Credits: Freepik By Aisha Zardad Polokwane – The Special Investigating Unit (SIU) has moved to freeze the assets of an Eskom employee accused of using…

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Homegrown Fintech Bought by Capitec for R400 Million After Years of Innovation

Homegrown fintech Walletdoc, founded by a game developer and an engineer, sold to Capitec for R400 million, bringing cutting-edge digital payment solutions to South Africa. Picture Credits: Giesecke By Aisha Zardad South Africa – Capitec Bank, South Africa’s largest bank by customer base, has announced that it will acquire fintech company Walletdoc Holdings for a total…

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Work for Global Brands from South Africa: Major Company Opens 100 Remote Roles

South African talent can now work for global brands from home, with Brandtech+ opening 100 remote roles in creative, tech, and AI-focused positions. Picture Credits: OrigcioAfrica By Aisha Zardad South Africa – South African creatives, technologists, and strategists now have the chance to work with some of the world’s biggest brands — without leaving home. Brandtech+,…

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