Pizza arrived faster than help in SA: AURA has been closing that gap - Justin Suttner

Loading player...
South Africans looking to work or settle abroad, whether for a few years or permanently, are increasingly trapped in a bureaucratic maze created by the South African Revenue Service (SARS), the South African Reserve Bank (SARB) and National Treasury. In an interview with BizNews, immigration tax specialist William Louw of Sable International argues that these authorities operate with overlapping mandates and conflicting definitions of “residency”, leaving ordinary people confused and exposed. The result, he says, is damaging with expats severing all financial ties with South Africa, extract every cent and asset they can, and abandon any intention of returning with their skills or capital. According to Louw, the system even discriminates against South African ID holders living abroad, granting them fewer rights than foreign non‑residents, a contradiction that raises constitutional concerns. Far from protecting the economy, Louw contends, these policies accelerate capital flight, deter future investment and ultimately undermine South Africa’s long‑term economic prospects.
6 Feb 4AM English South Africa Investing · Business News

Other recent episodes

Prof Theo Venter: Witness F, Sibiya & Mchunu - and the DA’s leadership race

More and more shocking testimony of police and political capture is being heard at the Madlanga Commission of Inquiry and Parliament's Ad Hoc Committee. In his latest interview with Chris Steyn, policy and political expert Professor Theo Venter dissects the evidence of Witness F and other recent testimony. “I think…
5 Feb 7AM 28 min