South Africa
'Sars to lose R250bn in projected revenue collection'─── 12:42 Tue, 26 May 2020
The South African Revenue Service (Sars) is projecting a revenue collection shortfall of R250 billion as a result of the COVID-19 pandemic and the associated lockdown.
Cooperative Governance and Traditional Affairs (Cogta) Minister Nkosazana Dlamini-Zuma told members of the National Council of Provinces (NCOP) this during a sitting on Tuesday morning.
Dlamini-Zuma briefed them on government’s response to the pandemic as well as the effects of the pandemic and the lockdown on the nation.
