The shifting global risk map: What it means for business in emerging markets

Sars deputy commissioner Johnstone Makhubu warns that R500bn in unpaid taxes puts the fiscus at risk. And why institutions must stop recycling familiar faces and invest in real talent to fix the economy

‘We need to move up the enforcement value chain…seeking civil judgments, as well as writs of execution where possible, especially where the behaviour of the taxpayers is not as cooperative as we would want them to be,’ says Sars deputy commissioner, Johnstone Makhubu.

Dr Sanusha Naidu of the Institute for Global Dialogue and Ismail Joosub of the FW de Klerk Foundation warn South Africa’s National Dialogue risks losing credibility amid rushed planning, transparency concerns and sidelined voices, urging a postponement to realign with core principles and ensure genuine citizen-led engagement.

Is the National Dialogue doomed before it’s even started as legacy foundations withdraw? And a new report shows zones of opportunity for youngsters in the ICT sector.

‘Having this potential higher penalty creates an incentive for companies to actually implement mitigation opportunities and reduce their emissions,’ says Jarredine Morris, co-head of Africa at the Carbon Trust.