SOUTH Africa’s largest retail wholesaler, Metro Cash and Carry (Metcash), has agreed to pay the South African Revenue Services (SARS) R128m to settle a tax dispute. The retail group said the settlement of the tax claim did not constitute an admission of wrongdoing on its part. SARS last year had issued VAT assessments against Metcash Trading Ltd, a wholly owned subsidiary of Metcash, for payment of R277m. – Reuters