The Eswatini Revenue Service (ERS) has awarded Ubombo Sugar Limited the Most Compliant Tax Contributor award for 2023/24.
The ERS Client Appreciation Day 2024 took place on Friday evening at the Happy Valley Hotel and was attended by ERS clients, which comprise big and small companies.
The Client Appreciation Day which is in its second year is meant to motivate companies to comply with their respective tax obligations.
Making the announcement, the ERS Commissioner General (CG) Brightwell Nkambule stated that Ubombo Sugar Limited achieved a spotless tax compliance record throughout the year.
“It gives me great pleasure to announce that Ubombo Sugar Limited is the most compliant and biggest tax contributor in the country. Their contribution is the highest than all our taxpayers, and for that we are grateful,” he noted.
The CG then outlined the criterion used when awarding the most compliant companies in the country.
“Our criteria entails that companies file their tax returns on time, clients should also ensure that they do not have any outstanding debt with us. Another key thing we look at is ensuring that clients do not have an outstanding case against us at the Revenue Appeals Tribunal of Eswatini, and finally, companies should financially contribute to the economy.
To get the first spot Ubombo Sugar Limited submitted all due tax returns without fail and also contributed E493 million in taxes which led to them being the highest contributor.
Receiving the award, Ubombo Sugar Limited Tax Specialist and Company Secretary, Nsizwa Mutasa appreciated the award stating that for them the first thing was having a good relationship with the ERS. Mutasa added that being tax compliant is paramount for them which is why they do not engage suppliers that are not tax compliant.
“We do quarterly checks to verify that companies that we do business with are tax-compliant.”
Ubombo Sugar was not the only company that was awarded on the night as other notable winners included First National Bank, PSPF Annuities, Ensure Insurance Brokers, and Imbewu Yesive Investments under the Financial & Insurance Sector category.
List of Awardees
Regional Category – Micro
Hhohho- Mauruss General Suppliers
Manzini – Adventure in Mission
Lubombo- The Southern Clan Properties
Shiselweni- Amitofo Care Centre of Eswatini
Regional Category – Sole Trader
Hhohho – William Thomas Capel T/A RMS Synergy
Manzini- N/A
Lubombo- Mathys Johan Martin du Pont T/A Dupont Earthworks
Shiselweni- Gcinaphi Faith Simelane T/A Expert Caterers
Wholesale & Retail Category
Siyembili Motors Eswatini Pty Ltd
Swazi Bandag Pty Ltd
Mbabane Motors Pty Ltd
Oceanic Swaziland Pty Ltd
Manufacturing, Mining Industrial Sector Category
Ubombo Sugar Limited
Mbabane Quarry Pty Ltd
Lesco Engineering Works Pty Ltd
Blue Hygiene Pty Ltd
Information & Communication Technology Category
HUAWEI Technologies Pty Ltd
Data Net Pty Ltd
Movie Zone Pty Ltd
Financial & Insurance Sector Category
First National Bank Eswatini
PSPF Annuities
ENSURE Brokers Eswatini
Imbewu Yesive Investments
Construction Sector
Stefanutti Stocks Construction Pty Ltd
KwikForm Formwork Scaffolding Pty Ltd
CODEN Investments Pty Ltd
Swaziland Cold Storage Pty Ltd
Agriculture, Forestry & Fishing
Tambankulu Estates
Africa Chicks Swaziland Pty Ltd
James Investments
Bamabanani Farmers Association
Education, Health & Social Work
Georgetown Global Health LLC
Baylor Clinic of Medicine
Real Estate Activities
Swazi Plaza Properties Limited
The Hub
Thomas Investments Corporation Pty Ltd
Silveria Investments Pty Ltd
Professional, Scientific, Technical & Support
PricewaterhouseCoopers Services Pty Ltd
Kitwe Hydraulic and Pneumatic Engineering Pty Ltd
DD MEA Pty Ltd
Komati Basin Water Authority
Other Services Activities
OVERBORDER Investments Pty Ltd
Mula Sport Pty Ltd
World Vision Eswatini
Cabrini Ministries
Transportation & Storage Sector
Mediterranean Shipping Company (Eswatini) Pty Ltd TRASNSHIP Pty Ltd
Tsandzanani Projects Pty Ltd
Accommodation & Food Services Industry
Happy Valley Resorts
United King Pie Co Pty Ltd
Punch Drunk Incorporated Pty Ltd
Clearing Agents Sector
Data Net Pty Ltd
The Most Compliant Overall Highest Contributor
Ubombo Sugar Limited