BDTV

WATCH | Sars collects R2-trillion in tax, beating expectations

Business Day TV spoke with Sars commissioner Edward Kieswetter

Business Business

Business Day TV

CAPE TOWN, SOUTH AFRICA – FEBRUARY 25: Edward Kieswetter. Commissioner of SARS at the media briefing ahead of the national budget speech at Imbizo Media Centre on February 25, 2026 in Cape Town, South Africa. The budget speech provides an overview of the economy of the previous and current years and gives budget estimates for the next financial year. (Photo by Gallo Images/Brenton Geach) (Brenton Geach)

South Africa’s tax authority Sars has collected R2.01-trillion of tax in the fiscal year that ended on March 31, according to preliminary figures. This is 8.4% higher than the previous year and is R24.7bn more than what was forecast in the 2025 budget. Business Day TV spoke to Sars commissioner Edward Kieswetter for more insight.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Comment icon
Sign UpLog In

Please read our Comment Policy before commenting.

Editor’s Choice

1

Business Day launches new app

2

Premium business news as it happens! Join the Business Day WhatsApp channel

3

MAMOKETE LIJANE | Reserve Bank faces an inflation shock

4

GHALEB CACHALIA | Unpredictability overshadows diplomacy in Trump’s Iran stance

5

DEBORAH CURTIS-SETCHELL | Alcaraz in line of Sinner’s fire as Monte Carlo Masters gets going

Related Articles