For the wealthiest individuals with assets over $100 million, the NTA recommends a 5 per cent wealth tax.

The report shows that out of the 341,793 firms that submitted tax returns, only 171,585 fulfilled their tax obligations, reflecting a compliance rate...

National Treasury Cabinet Secretary John Mbadi said he will reduce VAT from the current 16 per cent to 14 per cent and corporate taxes from 30 per cen...