Draft VAT Amendments Issued for Valuable Metals Reverse Charge
General Fuel Levy Relief Adjusted and June 2026 Fuel Prices Announced
dtic Gazettes Retrospective Competition Act Merger Thresholds and Filing Fees
B-BBEE: Parliamentary Committee Briefed on ICT Sector Transformation and EEIP Dispute
Employment Services Amendment Bill to Introduce R100,000 Fines for Non-Compliance
Mastering Financial Statement Compilation: 2026 Regulatory Guide
CIPC Mandates Black and White Scanning for Document Submissions
CIPC Clarifies Grounds for BRP License Suspension and Revocation
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The National Energy Regulator of South Africa has published a consultation document for the revised 2026/27 Eskom retail tariff structural adjustment following High Court rulings.
The Financial Intelligence Centre has released updated awareness materials for high-value goods dealers regarding their obligations under the Financial Intelligence Centre Act, No. 38 of 2001.
The International Public Sector Accounting Standards Board (IPSASB) has issued Sustainability Reporting Standard (SRS) 1, mandating climate-related disclosures for the public sector effective 2028. The Rules Board for Courts of Law has gazetted new rules for the Children’s Courts under the Children’s Act, No. 38 of 2005, effective 27 March 2026. The Department of Justice and Constitutional Development has announced the commencement date for the oversight mechanism governing National Prosecuting Authority investigators.
The International Valuation Standards Council (IVSC) has released an Exposure Draft proposing substantive updates to the International Valuation Standards (IVS), including new guidance on AI and sustainability.
The Accounting Standards Board (ASB) has released Exposure Draft 217 (ED 217), proposing substantive amendments to Chapter 7 of the Conceptual Framework regarding the measurement of assets and liabilities in financial statements. The South African Reserve Bank has released a discussion document proposing the replacement of the prime lending rate with the repurchase (repo) rate as the primary reference rate for financial contracts. The Department of Trade, Industry & Competition has gazetted a notice calling for input by 3 March 2026 on plans to place chrome ore under export control.
The Council for Medical Schemes has issued Circular 1 of 2026, extending the deadline for stakeholders to submit comments on proposed auditor rotation and non-audit service restrictions. The South African Law Reform Commission has released five new discussion papers as part of a comprehensive review aimed at modernising the country’s criminal procedure legislation. The Competition Commission has released final guidelines on the pre-merger filing consultation process to improve the efficiency of merger reviews.
The International Accounting Standards Board (IASB) has released the 2026 editions of the IFRS Accounting Standards, incorporating amendments to six standards and new illustrative examples for financial statement uncertainties. The Department of Forestry, Fisheries & the Environment has invited public comment on draft norms and standards for assessing areas that may qualify as Other Effective Area-Based Conservation Measures (OECMs) under the National Environmental Management: Biodiversity Act, No. 10 of 2004. The Department of Forestry, Fisheries & the Environment has gazetted a draft code of conduct for environmental management inspectors, inviting public comment until 15 March 2026. National Treasury has substituted Table A of Schedule 1 to the Financial Sector & Deposit Insurance Levies Act, No. 11 of 2022, updating the levy structure for entities supervised by the Prudential Authority.
The Office of the Accounting-General has released an updated Accounting Guideline for GRAP 23, clarifying the treatment of donated non-monetary assets. The Office of the Accounting-General has released an updated Accounting Guideline for GRAP 1, providing new clarifications on the classification of investments based on substance over form. The 2026 State of the Nation Address has outlined the government’s legislative priorities, focusing on the expected passage of two major bills currently before Parliament and broader sectoral policy reforms. Parliament’s Joint Committee on Ethics & Members’ Interests is seeking submissions on a draft proclamation to amend the Executive Members’ Ethics Code. The President has signed three fiscal Bills into law, including the Adjustments Appropriation Act, 2025/26, following the Medium Term Budget Policy Statement.
The South African Institute of Chartered Accountants (SAICA) has released a new guideline under the 2026 Training Regulations governing the ethical use of Artificial Intelligence by trainees when completing assessment documents. The National Petroleum Company Bill has been tabled in Parliament to formally constitute the South African National Petroleum Company (SANPC) and provide for the transfer of assets and personnel from existing state energy entities. The Department of Social Development has issued proposals to extend the Social Relief of Distress grant until 31 March 2027, maintaining the current R370 monthly rate. The Legal Practice Council has gazetted a new rule establishing a Council-facilitated nomination model for legal practitioners serving on the Judicial Service Commission.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.
