One of the richest women in South Africa, Magda Wierzycka, has reiterated that new tax laws will force her to pull her wealth from the UK and move back home to South Africa.
Speaking to Sky News, Wierzyka said that she was “reluctantly” relocating home to South Africa unless the UK government hits reverse on new tax laws.
The laws form part of the UK’s overhaul of its tax treatment of non-domiciled residents, or “non-doms”, announced in the Autumn 2024 Budget.
Under the existing regime, non-doms who have lived in the UK for…
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Fun South African Fact: South Africa is the Rainbow Nation.
Wildcat Talent
Laduma! – he scores! [laa-doo-maa] This term is usually screamed out when a soccer team scores a goal. Extend any of the syllables for full effect.Example: “Laaaaaaduuuuumaaaa!”