Friday 2022-08-12




By Bodwa Mbingo | 2022-01-15

After close to 12 years, the founding Eswatini Revenue Service (ERS), formerly known as SRA, Commissioner General (CG) Dumisani Masilela has left the organisation to join the International Monetary Fund (IMF).

This was announced by Minister of Finance Neal Rijkenberg during a press conference held at the ministry’s headquarters in Mbabane yesterday.

The minister noted that Masilela is the inaugural Commissioner General of the ERS, formerly Swaziland Revenue Authority (SRA), a role he assumed in May 2010, when he moved from the position of Principal Secretary (PS) in the Ministry of Finance.

“While we are indeed sad to lose him, we are encouraged that he is joining the IMF, an organisation of which we are a member. He joins the IMF effective 1 February 2022,” said the minister.

Appointed as the inaugural commissioner general of the ERS, the minister noted that Masilela was tasked with setting up and strategically directing the revenue administration, a task he executed with distinction.

 “He has led the ERS through many transitions, including the very sensitive stage of transitioning from the then Government’s Income Tax and Customs Departments.


“Through his leadership, Masilela assembled a capable team and through them he managed to change the taxpaying attitude among many taxpayers in the country, from that of being optional to where every taxpayer knows that it is their responsibility and obligation to contribute to the fiscus,” said Rijkenberg.

Worth noting, the minister said, was that, during his tenure in the ERS, he has led the development and implementation of three strategic plans, with the fourth one currently running until 31 March 2024.

 He said in this same period, the ERS has also grown domestic revenue collection from E3.821 billion to E9.945 billion at the end of March 2021.
“This is an average annual growth rate of 10.1 per cent, which is above inflation and economic growth combined. This was achieved through him leading the organisation in the implementation of various revenue administration modernisation initiatives during his time.

“It is obviously lamentable that Masilela is leaving his role as the CG. However, we take comfort in that he leaves behind a very strong organisation with capable executive management to continue the work he pioneered,” he added.

On behalf of government, the ministry of finance and the ERS governing board, the minister thanked Masilela for his invaluable contribution to the country’s mandate of revenue mobilisation.

“We also congratulate him on his appointment by the IMF and wish him well in his new role,” he concluded.
Masilela will be based in the Tanzanian office of the IMF.

He thanked government for support and all employees he worked with and for making the institution the success it has been since inception.

share story          

Email Google LinkedIn Print Twitter

Post Your Comments Below



After a two-year absence,  football followers will be deli...

read more         

The German Cooperative and Raiffeisen Confederation (DGRV) has pumped in about E15 million to Esw...

read more         

The Nedbank Group has delivered an excellent financial performance for the six months ended June ...

read more         

Lobamba -Senate President Lindiwe Dlamini has warned that the country cannot afford to undermine ...

read more         

World News