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News & Press: Opinion

South Africa: Losing its lustre?

02 October 2013   (0 Comments)
Posted by: Author: Ingé Lamprecht
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Author: Ingé Lamprecht (MoneywebTax)

Tax survey highlights difficulty in doing business.

 Is South Africa's business and regulatory environment attractive for doing business?

Around 10% of respondents to the 2nd edition of PwC's Africa Tax Survey consider South Africa to be the most difficult place to operate in from a business and regulatory perspective. One third of respondents said South Africa is among the three most difficult African countries in which to operate, which cumulatively makes it the most difficult.

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Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

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