South Africa will host the African Tax Administration Forum (ATAF) and the Ministry of Strategy and Finance of the Republic of Korea by convening a conference on Domestic Resource Mobilisation in Cape Town, South Africa on 4 to 7 April 2011.
South Africa’s Deputy Minister of Finance, Mr Nhlanhla Nene, will open the conference on Monday, 4 April 2011. South Africa, through the South African Revenue Service (SARS) chairs the ATAF.
The conference will bring together Heads and Senior Officials of African Tax Administrations and Ministries of Finance, representatives of the Korean Government, the African Development Bank (AfDB),and other global institutions, representatives from Korean and African Business as well as several academics working in the tax arena to discuss Challenges to African Tax Policy and Administration.
Domestic Resource Mobilisation (DRM) refers to the generation of savings from domestic resources and their allocation to economically and socially productive investments.
Established in November 2009, ATAF has made the promotion of domestic resource mobilisation in Africa a key focus of its work. ATAF, which has 31 member tax authorities on the continent, views domestic resource mobilisation as vital to ending Africa’s dependency on foreign aid and debt, as well as strengthening good governance.
The conference will consider wide range of issues including
- the role of industry in Korea’s economic development: the case of samsung electronics
- building sustainable african industries - the role of taxation
- African tax policy: enabler or impediment to domestic resource mobilisation
- modernisation of the korean tax administration
The media is invited to attend the opening two sessions of the conference which will be addressed by
1. South African Deputy Minister of Finance, Mr Nhlanhla Nene
2. Korean Deputy Minister for Tax and Customs, Mr Yung-sup Joo
3. SARS Commissioner, Mr Oupa Magashula
4. ATAF Executive Secretary, Mr Logan Wort
This will be followed by an opportunity for interviews.
Time: 08h30
Venue: Crystal Towers Hotel & Spa, corner Century Boulevard and Rialto Road,Century City.
For enquiries, please contact:
Zamani Mbatha
Cell: 076 2999 223
Tel:/ 012 422 5296
E-mail: zmbatha4@sars.gov.za
For further media enquiries, please contact:
Adrian Lackay
SARS Spokesperson
Tel: 012 422 4206
Cell: 083 388 2580
