The Money ShowThe Money Show

SARS appoints new Commissioner and Chery investment in local manufacturing signals confidence in SA

View descriptionShare

Stephen Grootes talks to Charles de Wet, Tax Executive at ENSafrica about the appointment of Dr Ngobani Johnstone Makhubu as the new SARS Commissioner, set to take over from Edward Kieswetter on 1 May 2026. The leadership change comes at a critical time for the revenue service, following a period of improved collections, stronger compliance and institutional rebuilding under Kieswetter. Makhubu’s elevation from Deputy Commissioner signals continuity in strategy, particularly around modernisation and taxpayer engagement, while also raising questions about how SARS will sustain momentum, deepen compliance and navigate evolving fiscal pressures in the years ahead. 

In other interviews, Renai Moothilal, CEO of the National Association of Automotive Component and Allied Manufacturers (NAACAM) talks about Chery’s decision to invest in local manufacturing with the recommissioning of its Rosslyn plant, marking a shift from importer to producer in South Africa. The move is seen as a strong vote of confidence in the country’s automotive sector, particularly given Chery’s rapid rise as a top-ten player with significant sales volumes and an expanding dealer network. The investment is expected to boost local production capacity, deepen the supplier ecosystem and support job creation.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
Thank you for listening to a podcast from The Money Show  

Listen live Primedia+ weekdays from 18:00 to 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk 

For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe 

Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc 

The Money Show is brought to you by Absa   
 

Follow us on social media 
  
702 on Facebook: https://www.facebook.com/TalkRadio702 
702 on TikTok: https://www.tiktok.com/@talkradio702 
702 on Instagram: https://www.instagram.com/talkradio702/ 
702 on X: https://x.com/CapeTalk 
702 on YouTube: https://www.youtube.com/@radio702 
  
CapeTalk on Facebook: https://www.facebook.com/CapeTalk 
CapeTalk on TikTok: https://www.tiktok.com/@capetalk 
CapeTalk on Instagram: https://www.instagram.com/ 
CapeTalk on X: https://x.com/Radio702 
CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 

 
  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

The Money Show

A wrap-up of the day’s business news as well as insight into trends and expert advice on all things  
Social links
Follow podcast
Recent clips
Browse 15,949 clip(s)