SIX years on... Ramaphosa and his Cabinet undergo lifestyle audits

John Perlman interviews Alex Gwala, Director for Tax at Deloitte Africa.

Listen below.

More than six years since Cyril Ramaphosa pledged to implement lifestyle audits for Cabinet members, the long-awaited process has finally begun.

Officials must supply bank statements, intra-family financial transactions, credit card records, and details about their vehicles and residences.

By meticulously tracking the flow of funds, audits mitigate the likelihood of people engaging in dubious financial endeavours.

"Every year you are required to declare your financial records."

- Alex Gwala, Director for Tax – Deloitte Africa

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