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Daily Investor reports that SA Revenue Service (SARS) Commissioner Edward Kieswetter was paid R11.71 million for his services in the 2023/24 financial year – an 83.4% increase from the year before.
Kieswetter has led the reconstruction of SARS following years of state capture, which hollowed out the institution and limited its enforcement capability. He rejoined SARS as its commissioner in 2019 after coming out of retirement and a period as CEO of the Alexander Forbes Group. He was charged with using his extensive experience at the institution under Pravin Gordhan to turn it around and enhance its enforcement capacity. Kieswetter began the long process of rebuilding SARS into the globally respected institution it once was, with a particular focus on improving staff morale. The Commissioner and his executive team met with employees to understand their concerns and how they could be addressed while also ensuring the rebuilding of his own leadership team was very public and visible. Kieswetter’s efforts bore fruit, with the revenue service collecting a record R1.7 trillion in tax revenue in the 2023/24 financial year. Kieswetter has been financially rewarded for his efforts to rebuild SARS, earning R37.27 million for his five years at the institution. His salary increased sharply in the past financial year, rising by 83.4% to R11.71 million.
- Read the full original of the report in the above regard by Shaun Jacobs at Daily Investor
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