SARS to Sell MaMkhize’s Sandton Properties Worth R35 Million

The Durban High Court has granted the South African Revenue Service (SARS) permission to sell five properties in Sandton linked to businesswoman Shauwn “MaMkhize” Mkhize.

The properties are reportedly valued at approximately R35 million combined. The court heard that maintaining the properties has become costly, with expenses including outstanding municipal accounts, insurance premiums and security services.

The ruling allows SARS to proceed with the sale of the properties, potentially helping to reduce the financial burden associated with keeping them under its control.

The municipal arrears and other ongoing expenses were presented as key considerations in the application, highlighting the costs involved in retaining high-value properties while legal and financial matters remain unresolved.

MaMkhize, a well-known businesswoman and public figure, has attracted attention over various financial and legal issues. However, the latest court decision specifically concerns the five Sandton properties and the expenses associated with their upkeep.

The properties’ estimated combined market value of R35 million makes the proposed sale a significant development in the matter.

Further details regarding the sale process, including the expected timeline and how the proceeds will be handled, were not provided in the report.

The court’s decision permits the sale to proceed, but additional information would be needed to establish the full circumstances surrounding the properties and the financial claims linked to them.

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