President Cyril Ramaphosa and His Businesses' Taxes Are in Order, SARS Confirms Amid Increased Public Interest

President Cyril Ramaphosa and His Businesses' Taxes Are in Order, SARS Confirms Amid Increased Public Interest

  • President Cyril Ramaphosa doesn't owe the South African Revenue Services a single rand
  • The president gave Sars the green light to share his tax compliance after the DA accused Ramaphosa of not declaring the US dollars stolen from his Phala Phala farm
  • The Presidency claimed that Ramaphosa was not obligated to declare the foreign currency to Sars

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JOHANNESBURG - President Cyril Ramaphosa is in the clear when it comes to his tax compliance with the South African Revenue Services (Sars).

President Cyril Ramaphosa was declared 100% tax compliant by South African Revenue Services
President Cyril Ramaphosa doesn't owe Sars any money. Image: Amanuel Sileshi
Source: Getty Images

The revenue service revealed that the president and his businesses were up to date on all tax payments after Ramaphosa gave Sars the green light to disclose his tax affairs, SABC News reported.

DA accuses Ramaphosa of failing to disclose Phala Phala dollars

This comes after the Democratic Alliance revealed its Promotion of Access to Information Act (Paia) application to Sars showed that the foreign currency stolen from Ramaphosa's Phala Phala farm was not declared, TimesLIVE reported.

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The revelation caused shockwaves because it directly contradicted the assertions of the alleged cattle buyer, Sudanese businessman Hazim Mustafa.

In an interview with Sky News, Mustafa claimed that he declared the US dollars with Sars when he entered the country on vacation with his wife in December 2019.

Amid backlash over the undeclared foreign currency, spokesperson in the Presidency Vincent Magwenya claimed Ramaphosa had no responsibility to declare the money.

South African believe Ramaphosa's tax compliance doesn't absolve him of his alleged Phala Phala crimes

South Africans say President Ramaphosa's tax compliance won't distract citizens from alleged corruption surrounding the Phala Phala burglary.

Below are some comments:

@madimetjame accused:

"Cyril is a crook and he can only be trusted by those who are also stealing from the state."

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@Ghaza_Pirates said:

"We don't care about other tax affairs, just the dollars. Just the $580k hard cash."

@QhubaGumbi claimed:

"Too little, too late for this damage control."

@Sbujele2 asked:

"Who asked about his tax compliance or affairs? This guy thinks we are fools like his followers."

Legal expert claims Ramaphosa may have broken another oath of office, SA stunned he was at Ankole auction

In another story, Briefly News reported that President Cyril Ramamphosa is in hot water after he was spotted at an Ankole cattle auction on Friday.

The country was shocked by trending pictures of Ramaphosa and his guests after it was reported that Ramaphosa was recovering from exhaustion.

The president was expected to address the nation on Thursday regarding the Cabinet reshuffle but was booked off work by doctors, reported TimesLIVE.

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Source: Briefly News

Authors:
Lerato Mutsila avatar

Lerato Mutsila (Current affairs editor) Lerato Mutsila is a journalist with 3 years of experience. She obtained a Bachelor of Arts in Journalism from Pearson Institute of Higher Education in 2020, majoring in broadcast journalism, political science and communication. Lerato joined the Briefly News current affairs desk in August 2022. Mutsila is also a fellow of the 2021/2022 Young African Journalists Acceleration programme, which trained African journalists in climate journalism. You can contact Lerato at lerato.mutsila@breifly.co.za