Mastering Financial Statement Compilation: 2026 Regulatory Guide
A summary of the critical regulatory updates, PI Score calculations, and legislative amendments affecting financial statement compilation in South Africa for 2026.-
National Treasury Reports R15.5 Billion in Unpaid Government Invoices
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Parliament Legislative Update: 48 Bills Under Consideration (June 2026)
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Opportunities for Public Comment Open During July 2026 and Beyond
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Constitutional Appointments: President Ramaphosa Adjusts National Executive
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Government Intensifies Immigration Act and Labour Law Enforcement
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IEC Invites Public Comment on Draft Electoral Code to Counter Disinformation
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FIC Issues PCC 60 on 2026 Risk and Compliance Return Submissions
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A summary of the critical regulatory updates, PI Score calculations, and legislative amendments affecting financial statement compilation in South Africa for 2026.CIPC Mandates Black and White Scanning for Document Submissions
The Companies and Intellectual Property Commission (CIPC) has issued a directive requiring all scanned documents and email attachments submitted for processing to be in black and white and fully legible.CIPC Clarifies Grounds for BRP License Suspension and Revocation
The Companies and Intellectual Property Commission (CIPC) has issued Practice Note 2 of 2026, detailing the regulatory grounds, consequences, and periods for the suspension and revocation of Business Rescue Practitioner (BRP) licenses.AI Governance and Professional Liability for South African Law Firms
Recent High Court judgments and statutory obligations under ECTA and POPIA have established strict professional liability and compliance standards for South African law firms utilizing artificial intelligence tools.National Treasury Publishes Sustainable Finance Use of Proceeds Framework
National Treasury has published its Sustainable Finance Use of Proceeds Framework, establishing the governance and reporting guidelines for green, social, and sustainability financing instruments.Commencement of Executive Remuneration Provisions Under Companies Amendment Act
Sections 5, 6, and 19 of the Companies Amendment Act, No. 16 of 2024, came into effect on 22 May 2026, introducing stricter rules around executive pay, remuneration disclosures, and shareholder oversight.Children's Act Reform: Dual Amendment Bills Proceed on Separate Timelines
Two separate amendment bills to the Children's Act, No. 38 of 2005, are currently proceeding through different regulatory pipelines under the Department of Basic Education and the Department of Social Development.Parliamentary Bill Tracker: 46 Bills Under Consideration (May 2026)
Parliament is currently processing 46 Bills as of 31 May 2026, tracking critical legislative developments across multiple sectors.Public Comment Opportunities: June 2026 and Beyond
A consolidated overview of national government proposals and draft legislation open for public comment during June 2026 and beyond.National Treasury Implements Revised Financial Recovery Plan for Ditsobotla Municipality
Finance Minister Enoch Godongwana has handed over a revised Financial Recovery Plan to the Ditsobotla Local Municipality under Section 139(7) of the Constitution.SARS Finalises China Zero-Tariff Scheme Framework
SARS has finalised the legal and operational frameworks for China's temporary zero-tariff scheme, enabling exporters to obtain Rules of Origin certificates from 1 June 2026.President Receives Second Madlanga Commission Interim Report
President Cyril Ramaphosa has received the second interim report of the Madlanga Commission of Inquiry into corruption and political interference within the criminal justice system.Greenhouse Gas Draft Inventory Report Published for Comment
The Department of Forestry, Fisheries and the Environment has published the draft National Greenhouse Gas Inventory Report for public comment by 28 June 2026.National Elephant Heritage Strategy Gazetted
The Department of Forestry, Fisheries and the Environment has gazetted a 10-year National Elephant Heritage Strategy to guide the management of South Africa's collective herd.SAICA Releases Ultimate Beneficial Ownership Guide
The South African Institute of Chartered Accountants (SAICA) has released a comprehensive guide on Ultimate Beneficial Ownership (UBO) compliance under FICA, the Companies Act, and the Trust Property Control Act.IRBA Establishes Dedicated Anonymous Tip-Off Channel
The Independent Regulatory Board for Auditors (IRBA) has launched an anonymous tip-off channel to enhance its proactive, risk-based inspections and regulatory oversight.Rules Board Amends Magistrates' and High Court Rules of Court
The Department of Justice and Constitutional Development has published amendments to the Magistrates' Courts and High Court rules of court, effective 3 July 2026, focusing on the conduct of proceedings and security for costs.National Treasury Publishes Sovereign Use of Proceeds Framework
National Treasury has published its Sovereign Use of Proceeds Framework and Second Party Opinion, paving the way for the issuance of green and sustainable sovereign bonds.General Laws (Anti-Money Laundering & Combating Terrorism Financing) Amendment Bill Tabled
The General Laws (Anti-Money Laundering & Combating Terrorism Financing) Amendment Bill has been formally introduced in Parliament to address outstanding regulatory deficiencies identified by the FATF.SARB Increases Repo Rate to 7% Effective May 2026
In terms of the South African Reserve Bank Act, No. 90 of 1989, the Monetary Policy Committee has increased the repurchase rate by 25 basis points to 7.00% per annum.dtic Outlines Key Priorities and Industrial Policy Mechanisms for 2026/2027
The Department of Trade, Industry and Competition has detailed its strategic implementation mechanisms for South Africa's industrial policy, focusing on export credit support, energy pricing, and transformation.National Small Business Act: MSME Classification Criteria Replaced
The Department of Small Business Development has gazetted proclamations immediately replacing the schedule to the National Small Business Act, No. 102 of 1996, which prescribes the criteria for classifying enterprises as micro, small, or medium.PIE Amendment Bill and NSFAS Rental MOU Announced
The Department of Human Settlements has announced a forthcoming MOU with NSFAS to resolve student housing disputes and published the draft Prevention of Illegal Eviction (PIE) Amendment Bill for public comment.SARS Warns of Fraudulent Tax Settlement Notification Scam
The South African Revenue Service (SARS) has issued an urgent security alert warning taxpayers of a new phishing scam involving fraudulent "Tax Settlement Notifications" designed to steal personal information and solicit illicit payments.Employment Services Amendment Bill Set for Tabling in Parliament
The Department of Employment and Labour has gazetted a notice announcing the imminent tabling of the Employment Services Amendment Bill, which will empower the Minister to set quotas for the employment of foreign nationals.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.