File Photo: IOL

CAPE TOWN – Good morning. This is all the latest business news that you need to know today.

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The new South African Revenue Services (Sars) Commissioner Edward Kieswetter briefed the media on Tuesday morning on various issues facing the tax collector which is in a phase to rebuild its operations as well as the preparations made for the 2019 tax season. 

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Bosasa and its boss Gavin Watson are in hot water with the South African Revenue Service(Sars) as they are facing an inquiry into their tax affairs.

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Tiso Blackstar yesterday has quashed rumours that it was closing its Business Day print edition in the next few months, in favour of retaining its online edition. 

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ArcelorMittal South Africa (Amsa) is facing charges for allegedly flouting environmental laws at its Vanderbijlpark operations in Gauteng which produce liquid steel products.

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MTN will hosts its 13th edition of 21 Days of Y’ello Care, an annual employee volunteerism programme which runs from 1 to 21 June across the company’s footprint. 

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Shoprite shareholders yesterday moved to dilute chairperson Christo Wiese’s influence in the group, cancelling consideration of a potential acquisition of all deferred shares in Africa’s largest food retailer.

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The UCT Graduate School of Business (UCT GSB) has been ranked 51 in the world for its customised programmes by the latest Financial Times Ranking.

BUSINESS REPORT ONLINE