National Treasury Releases Withheld Equitable Share Allocations to North West Municipalities
ISSB Proposes Updates to IFRS Sustainability Disclosure Taxonomy for GHG Emissions
Draft Regulations on Oaths and Affirmations Published for Public Comment
Draft Crypto Assets Manual released for cross-border activity regulation
Parliament Section 89 Impeachment Committee Proceedings Interdicted
Public Comment Opportunities Open During August 2026 Onwards
Electronic Deeds Registration & Recordal Systems Amendment Bill Heading to Parliament
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In terms of section 216(2) of the Constitution and the Municipal Finance Management Act, National Treasury has authorized the release of withheld Local Government Equitable Share funds to North West municipalities.
The International Sustainability Standards Board has published proposed updates to the IFRS Sustainability Disclosure Taxonomy to reflect targeted amendments to IFRS S2 Climate-related Disclosures.
The Department of Justice and Constitutional Development has issued draft regulations under the Justices of the Peace and Commissioners of Oaths Act, No. 16 of 1963, to replace the existing 1972 framework. National Treasury and the South African Reserve Bank have published the draft Crypto Assets Manual for cross-border activities to establish regulatory guidance and exchange control reporting rules under the draft Capital Flow Management Regulations, 2026. President Cyril Ramaphosa has appointed members and executive leadership to the National Council on Gender-Based Violence and Femicide under Act No. 9 of 2024 for a three-year term. The Western Cape High Court has granted a temporary interdict halting Parliament’s Section 89 Impeachment Committee proceedings pending a judicial review set down for September 2026. As of 31 July 2026, 50 draft Bills remain under active consideration before the National Assembly and National Council of Provinces following the parliamentary winter recess. National government departments and regulatory authorities have invited written submissions on key legislative proposals and draft policies open for public comment during August 2026 and beyond. The Department of Home Affairs has gazetted new regulations under the Border Management Authority Act, updating administrative and personnel frameworks with immediate effect. The Department of Agriculture, Land Reform and Rural Development has published an explanatory summary of the Electronic Deeds Registration & Recordal Systems Amendment Bill ahead of its introduction to Parliament. The Department of Transport has published four sets of draft replacement regulations under the Railway Safety Act, No. 19 of 2024, for public comment.
Parliament has published the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill [B15-2026] for public comment, with submissions due by 10 August 2026. The statutory limit for loss of support or loss of income claims under the Road Accident Fund Act has been adjusted to R390 664.00 per annum following publication in the Government Gazette. The National Treasury and the Presidency have published the Operation Vulindlela 2026 Quarter 1 progress report, detailing structural reforms across energy, freight, water, immigration, and local government frameworks. The Department of Water and Sanitation and VOCMA have commenced public consultations on proposed raw water tariff adjustments for the 2027/28 financial year. National Treasury has tabled the Second Special Appropriation (2025/26 Financial Year) Bill in Parliament, proposing an additional R10 billion allocation to support the Equalisation Fund. The Ministry of Justice and Constitutional Development has announced a comprehensive operational reset of the NPA’s Investigating Directorate Against Corruption (IDAC), alongside proposed statutory amendments to the National Prosecuting Authority Act. National Treasury has published the 2026 draft Taxation Laws Amendment Bill and draft Tax Administration Laws Amendment Bill for public comment until 28 August 2026. Cabinet has approved proposed statutory amendments extending light motor vehicle driving licence card validity from five to 10 years, alongside publishing the Revised Electricity Pricing Policy and market reform position paper for public comment. The Department of Justice and Constitutional Development has highlighted legal practitioner ethical obligations regarding artificial intelligence in litigation, alongside the operational rules of the Court Online e-filing system. The Auditor-General of South Africa has initiated a formal risk assessment concerning an external auditor from Crowe following adverse findings and sanctions issued by the Independent Regulatory Board for Auditors.
The International Accounting Standards Board technical staff has published Educational Module 34 to support accounting and reporting for agriculture, extractive activities, and service concession arrangements under the third edition of the IFRS for SMEs Accounting Standard. The International Accounting Standards Board (IASB) technical staff has published Educational Module 17 to support implementation of Section 17 under the third edition of the IFRS for SMEs Accounting Standard.
The Financial Sector Conduct Authority has published an updated list of participating employers defaulting on retirement fund contributions under section 13A of the Pension Funds Act, No. 24 of 1956. The Special Tribunal has declared unlawful and set aside a R9 million National Lotteries Commission grant agreement, ordering respondents to jointly and severally repay R6 million in misused funds.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.
