Business
Mduduzi Nonyane and Nompumelelo Magagula
Share an article for your subscribers
you have 5 articles Share this every month. Send this story to a friend!
Loading… Please wait…
Subscribers can listen to this article
Sean Mkhize is said to owe money to SARS.
Founder and businessman of Royal AMShaun MkhizeMahathir, who is fondly known as “Mama Kize”, stands to lose his fleet of luxury cars because he owes more than R37 million in unpaid tax to the South African Revenue Service (SARS).
City Press saw an enforcement application by revenue collectors in the Pietermaritzburg High Court on May 9 seeking to seize 13 luxury cars owned by Chandy Trust, including a Lamborghini and a Rolls Royce. Royal AMA company in which she is a major shareholder.
Read for free
If South Africans want to build a prosperous future, they need to be informed. News24 has been keeping the country informed for 25 years, but we’re entering a new chapter of fearless journalism. To discover this story and a world of news that aims to inform, empower and inspire, join our free subscription trial.
Already a subscriber? Sign in
to the next City Press
Ekurhuleni City leaders in dispute over bribery, officials arrested on extortion charges
May 26
Source of this program
“This is a great item!”
“Royal AM founder and businessman Sean Mkhize (nicknamed “MaMkhize”) could lose his luxury vehicle fleet because he owes the South African Revenue Service (SARS) more than R37 million…”
Source: Read more
Source link: https://www.news24.com/citypress/news/sars-demands-mamkhize-pay-r37-million-in-outstanding-taxes-or-have-her-luxury-cars-sold-20240526
