South African listed companies stand tall among the developed nations in our adoption and application of environmental, social and governance (ESG) metrics. Moneyweb Environment
The Budget Review 2022 was far from a ‘good news’ budget for South Africans working abroad . For the fifth consecutive year, changes have been proposed that clearly indicate that the South African Revenue Service is still targeting expats and views them as low-hanging fruit to boost revenue collection.
This however is going to be a monumental undertaking from the government. For it to action this new proposal is easier said than done. The renegotiation process is one that will take a very long time because there is no blanket approach to this. Each country has a different agreement with South Africa, the government will have to again negotiate with each country individually.
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