Hitmen as cheap as R5 000… as SARS advocate is gunned down

Loading player...
To hire a hitman in South Africa has become “very cheap”, says Yusuf Abramjee of Tax Justice South Africa. According to his information, an assassin can be hired for as little as between R5,000 and R100,000. He speaks to BizNews following the attempted assassination of South African Revenue Service (SARS) Advocate Coreth Naude. “…clearly advocate Naudé - with a great track record in fighting crime and corruption and criminality - was targeted because she's hurting the pockets of people who have allegedly pocketed millions and millions of rands,” says Abramjee. The attempted hit has also been condemned by SARS Commissioner Edward Kieswetter with these words: “This shocking act is intended to intimidate officers of court to abandon the vital work they’re performing in furtherance of our country’s legal system.”
19 Jul 2024 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min