South Africa’s OUTA calls for increased funding for key anti-corruption bodies

South Africa’s OUTA calls for increased funding for key anti-corruption bodies

South Africa's Organisation Undoing Tax Abuse has urged government to increase funding for key anti-corruption bodies, such as the National Prosecuting Authority and the Special Investigating Unit. They warn a lack of oversight in public-private partnerships could lead to wasted taxpayer money and inefficiency. OUTA CEO Wayne Duvenage criticised Finance minister Enoch Godongwana’s medium-term budget policy statement for not prioritising the fight against corruption and financial misconduct:

November 1, 2024 5

Business / Economics

31 October 2024: Navigating Economic Shifts: Key Financial Updates from Namibia and Beyond

In recent developments, Finance Minister, Ipumbu Shiimi, has announced an extension of the country’s tax amnesty programme, now set to conclude on October 31, 2026. During his mid-term budget review presented in Parliament, Shiimi highlighted the overwhelming requests from various sectors to prolong this programme, which allows taxpayers to settle their full tax debts without incurring penalties or interest. This initiative is designed to enhance tax compliance and boost government […]

October 31, 2024 13