Dave King’s first interview after his R706m settlement with SA Revenue Services

Over the past 10 years, serial entrepreneur Dave King and SA Revenue Services have traded insults, publicly and privately. They also flirted with settlements a couple of times – including once when King claimed to have a signed agreement but SARS said the official who concluded it was not entitled – and was duly suspended. … Read more

Dave King settles with SARS – agrees to pay R706m for income tax liability

I can’t remember when last I published a Media Statement in full. But it’s not often you get one that cost more than R1m per word. Or that the company whose executive chairman is the central character becomes the JSE’s biggest mover on the day, jumping 27% in value. This is no ordinary release. It … Read more

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Thinkpiece: What the Wealth Tax call means for South Africans

bettencourt

Warren E Buffett sure knows how to toss a cat among the pigeons. True to form, in August the chairman of Berkshire Hathaway wrote an op-ed headlined “Stop coddling the super rich” for America’s leading newspaper, The New York Times. It was a full frontal attack on a tax system that favours the wealthy.Buffett’s well-argued and entirely logical proposals have become the rallying call for “wealth tax” agitators around the world.Including here in Sunny South Africa.

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