The government aims to collect just under R1.3 trillion in taxes during the 2017/2018 fiscal year. But Gigaba says the current level of growth is simply insufficient.

JOHANNESBURG - Finance Minister Malusi Gigaba is warning South Africa is in danger of missing its 1.3% growth target this year due to the poor performance of major sectors of the economy that will likely restrain tax revenues.

Government aims to collect just under R1.3 trillion in taxes during the 2017/2018 fiscal year.

But Gigaba says the current level of growth is simply insufficient.

#TaxIndaba Gigaba: we need to get more South Africans working. — EWN Reporter (@ewnreporter) September 11, 2017

#TaxIndaba Gigaba says we can't be complacent need to grow economy, many opportunities for investors pic.twitter.com/QEHbuIDi4d — EWN Reporter (@ewnreporter) September 11, 2017

At the same time, South African Revenue Services (Sars) commissioner Tom Moyane says the revenue service has resolved many of the technical glitches in the system and he's apologised for delays in refunds.

“I’m aware that you have been grappling with Sars technical issues. We are truly apologetic for these glitches. However, I believe we have resolved a number of them and we continue to improve on our systems to make the tax administration process easier and more convenient.”