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Financial Markets: JIBAR to ZARONIA Transition Postponed to May 2027

The South African Reserve Bank has announced a five-month postponement of the cessation and final publication of the Johannesburg Interbank Average Rate (Jibar), moving the transition date to the South African Rand Overnight Index Average (ZARONIA) to 31 May 2027.

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Employers Directed to Release Staff on Election Public Holiday

The Department of Employment and Labour has instructed employers to facilitate staff participation in the Local Government Elections on Wednesday, 4 November, following the gazetting of the election date as a public holiday.

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CIPC Outlines Regulatory Enforcement and Asset Restrictions in Nova Matter

The Companies and Intellectual Property Commission (CIPC) has issued a statement outlining its regulatory enforcement record, statutory notices, and asset preservation restrictions regarding Nova PropGrow Group Holding Ltd under the Companies Act, No. 71 of 2008.

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IAASB Progresses Technology Quality Management Guidance

The International Auditing and Assurance Standards Board (IAASB) has updated timelines for its four-part guide series on technology quality management under ISQM 1, targeting full approval by June 2027.

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