South Africa's richest woman Magda Wierzycka considers returning due to UK tax changes

South African billionaire and Sygnia CEO Magda Wierzycka says she may be forced to return to South Africa because of tax changes proposed by the UK government.

Magda Wierzycka left South Africa several years ago, citing safety concerns linked to her outspoken fight against corruption. At the time, she claimed she would never return to the country..

Wierzycka is estimated to be worth $250 million, making her one of South Africa’s richest women. While her publicly traded shares in Sygnia are said to be valued at around USD 114 million (R 2 billion), her total wealth includes private assets and investments.

By Mthobisi Nozulela

Full story at IOL