National Minimum Wage: 2026 Adjustment Recommendations and Call for Public Comment

Posted 11 December 2025

The Department of Employment and Labour has published the National Minimum Wage Commission’s report recommending a 2026 adjustment of CPI plus 1.5%, with public comments due by 12 January 2026.

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FSCA and PA Propose Changes to OTC Derivative Reporting Requirements

Posted 11 December 2025

The Financial Sector Conduct Authority and the Prudential Authority have issued a joint communication proposing amendments to regulatory reporting obligations for non-centrally cleared over-the-counter (OTC) derivative transactions.

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IASB Issues Updated Guidance on Reporting Uncertainties in Financial Statements

Posted 11 December 2025

The International Accounting Standards Board (IASB) has issued updated illustrative examples to assist companies in applying IFRS Accounting Standards when reporting the effects of uncertainties, including climate-related risks.

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IFRS Foundation Releases Educational Module for Section 23 of IFRS for SMEs

Posted 11 December 2025

The IFRS Foundation has issued a new educational module to assist entities in applying Section 23 (Revenue from Contracts with Customers) of the third edition of the IFRS for SMEs Accounting Standard.

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REITs: Treasury and SARS Draft Notice on Compliance Requirements

Posted 10 December 2025

National Treasury and SARS have issued a draft notice for public comment regarding the requirements and conditions for companies falling under the definition of a Real Estate Investment Trust (REIT) in terms of the Income Tax Act, No. 58 of 1962.

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Waste Management: Transitional Licence Application Regulations Gazetted

Posted 10 December 2025

The Department of Forestry, Fisheries and the Environment has published regulations governing the transition of legacy waste disposal facilities to the licensing framework established under the National Environmental Management: Waste Act, No. 59 of 2008.

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Draft Regulations on Groundwater Protection and Management Published for Comment

Posted 10 December 2025

The Department of Water & Sanitation has gazetted draft regulations under the National Water Act, No. 36 of 1998, focusing on groundwater resource protection and sustainable management.

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FSCA and Prudential Authority Release Report on AI in Financial Sector

Posted 10 December 2025

The Financial Sector Conduct Authority and Prudential Authority have issued a joint report detailing the adoption, risks, and regulatory implications of Artificial Intelligence within South Africa’s financial institutions.

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Military Courts: Submissions Called for Defence and Military Discipline Amendment Bills

Posted 09 December 2025

The National Assembly’s Portfolio Committee on Defence and Military Veterans has called for written submissions on the Defence Amendment Bill and the Military Discipline Supplementary Measures Amendment Bill following a 2024 Constitutional Court ruling.

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CIPC: Annual Customer and Stakeholder Satisfaction Survey and Report

Posted 09 December 2025

The Companies and Intellectual Property Commission (CIPC) has appointed a service provider to conduct a comprehensive stakeholder satisfaction survey and segmentation report over a six-month period.

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Professional Skepticism: AFC Guidance for External Auditors

Posted 08 December 2025

The Anti-Fraud Collaboration has released new guidance for external auditors on exercising and maintaining professional skepticism in accordance with international auditing standards.

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Magistrates’ Courts Rules: Proposed Amendments to Land Eviction Review Procedures

Posted 08 December 2025

The Rules Board for Courts of Law has invited public comment on proposed amendments to the Magistrates’ Courts rules concerning the automatic review of eviction orders under land-related legislation.

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National Treasury Issues New GRAP Regulations under PFMA

Posted 05 December 2025

The Minister of Finance has issued new Regulations on Accounting Standards under the Public Finance Management Act, No. 1 of 1999, prescribing revised Standards of GRAP effective from 1 April 2027.

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National Treasury Issues Guidance on GRAP 14 Post-Reporting Date Events

Posted 05 December 2025

National Treasury has updated its GRAP Knowledge Hub with new guidance on the classification of adjusting and non-adjusting events under GRAP 14.

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South African Police Service Amendment Bill: Explanatory Summary Gazetted

Posted 05 December 2025

The Civilian Secretariat for the Police Service has published an explanatory summary of the South African Police Service Amendment Bill, signaling its imminent tabling in Parliament to align the principal Act with the Constitution.

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Draft Rules for Land Court Published for Comment

Posted 04 December 2025

The Rules Board for Courts of Law has released draft rules for the Land Court under the Land Court Act, No. 6 of 2023, with a comment deadline of 27 February 2026.

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Draft National Entrepreneurship Strategy and Implementation Plan Released for Comment

Posted 04 December 2025

The Department of Small Business Development has invited public comment on a draft strategy designed to create a supportive ecosystem for economic growth and innovation.

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Competition Commission issues draft guidelines on minority shareholder protections

Posted 04 December 2025

The Competition Commission has published draft guidelines under the Competition Act, No. 89 of 1998, outlining its approach to transactions where minority shareholder protections may constitute a change of control.

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IPSASB Aligns Definition of Material in Public Sector Standards

Posted 04 December 2025

The International Public Sector Accounting Standards Board (IPSASB) has issued amendments to IPSAS 1, IPSAS 3, and its Conceptual Framework to align the definition of materiality.

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Parliament Passes Marine Oil Pollution and Public Service Amendment Bills

Posted 04 December 2025

Parliament has passed the Marine Oil Pollution (Preparedness, Response & Co-operation) Bill and the Public Service Amendment Bill, sending both to the President for signature.

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2025 Employment Equity Reporting Deadline: 15 January 2026

Posted 03 December 2025

The 2025 Employment Equity reporting cycle for online submissions closes on 15 January 2026, requiring designated employers to submit annual reports and align five-year plans with sector-specific targets.

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Draft General Finance Laws Amendment Bill: Jibar Transition and Procurement Changes

Posted 02 December 2025

National Treasury has released the draft General Finance Laws (Official Benchmarks & Procurement) Amendment Bill for public comment, proposing critical updates to financial benchmark management and procurement reporting.

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IAASB Issues FAQ on ISSA 5000 Sustainability Assurance in the EU

Posted 02 December 2025

The International Auditing and Assurance Standards Board (IAASB) has released a Frequently Asked Questions document on the relevance of ISSA 5000 to sustainability reports issued within the European Union.

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IAASB Updates Technology Position: Catalog of Issues and Possible Actions (Nov 2025)

Posted 02 December 2025

The International Auditing and Assurance Standards Board (IAASB) has released Version 2 of its Technology Position Catalog, identifying regulatory gaps and proposed actions for auditing standards in the face of rapid technological change.

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SARS Gazettes New Regulations on Automatic Exchange of Information

Posted 02 December 2025

The South African Revenue Service has issued new regulations under the Tax Administration Act, No. 28 of 2011, regarding the automatic inter-jurisdictional exchange of financial account information, effective 1 March 2026.

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