Acting Sars Commissioner's term extended

post-title

Finance Minister Nhlanhla Nene has asked Mark Kingon to stay on for a further three months. 

The term of Mark Kingon, acting commissioner of the South African Revenue Service (Sars), has been extended by 90 days. Kingon was appointed acting commissioner on 20 March, following the suspension of Tom Moyane.

According to the Sars Act, no employee may serve as acting commissioner for a period longer than 90 days at a time. Moreover, a permanent appointment can only be made when there is a vacancy. Today, Monday 18 June, marks 90 days since Kingon took over.

National Treasury has however said that Finance Minister Nhlanhla Nene approved the extension of Mr Kingon’s position as Acting Commissioner and that, as the Commissioner is currently suspended, there is no vacancy.

So far, Kingon is managing to stay afloat in the role. He has already announced numerous initiatives to improve efficiency and service. The 2018 tax season, which has been shortened by three weeks, starts on 1 July.
 

Related articles

Modernising the office of finance: A practical guide to accelerating AI-driven transformation

OneStream is the only enterprise finance platform that seamlessly unifies all financial and operational data, embeds AI to boost productivity, and adapts to fit your unique needs. Microsoft Partner of the Year and five-time leader in the Gartner Magic Quadrant, we know that finance teams need AI powered by verified data and trusted sources, ensuring full transparency and security.

Mr Price’s Praneel Nundkumar explains the rise of the commercial CFO

Praneel Nundkumar, group CFO for Mr Price, is a results-oriented finance leader who champions a ‘commercial CFO’ approach. He believes that finance leaders must transcend traditional roles and actively partner with CEOs to drive strategic business outcomes.

Top