### Title: SARS Commissioner Edward Kieswetter Unveils Preliminary Revenue Figures for 2025/26 Financial Year
**Pretoria, South Africa** – In an anticipated briefing this afternoon, South African Revenue Service (SARS) Commissioner Edward Kieswetter will announce the preliminary revenue collection figures for the financial year 2025/26. This update is critical as it reflects the government’s efforts to bolster tax compliance and stimulate economic growth amidst ongoing fiscal challenges.
According to sources familiar with the matter, SARS aims to achieve a robust tax collection target of approximately R2 trillion, buoyed by expectations of improved taxpayer compliance and increased corporate tax revenues. The announcement follows a series of strategic initiatives implemented by SARS to enhance its operational efficiency and effectiveness in collecting revenue, which is crucial for funding national public services and infrastructure projects.
Economic experts believe that achieving the R2 trillion target will require not just improved compliance from individual taxpayers and businesses but also a concerted effort to combat tax evasion and avoidance. Kieswetter has previously highlighted the importance of strengthening the relationship between SARS and taxpayers, emphasizing that transparency and trust are essential for fostering compliance.
In recent years, SARS has adopted various innovative measures aimed at modernizing its tax collection processes. These include the digitization of services, the introduction of advanced analytics for risk assessment, and a renewed focus on outreach programs to educate taxpayers about their obligations. Such initiatives are designed to simplify tax compliance and encourage a culture of voluntary compliance among South Africans.
SABC News Economics Reporter, Katlego Legodi, is reporting live from Pretoria and will provide insights into the implications of these revenue figures on the broader economic landscape. As the fiscal year progresses, stakeholders from various sectors will be closely monitoring SARS’s performance in order to gauge the effectiveness of the government’s economic recovery strategies.
The results of Kieswetter’s briefing will likely have far-reaching consequences for budget planning and the execution of public projects in South Africa. As the nation grapples with high unemployment rates and sluggish economic growth, securing adequate revenue streams will be vital for sustainable development and social stability.
For continuous updates and further analysis, visit [SABC News](https://www.sabcnews.com) or follow #SABCNews on all social media platforms.