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 Johannesburg High Court has clarified that virtual commissioning is not formally permitted under the Justices of the Peace and Commissioners of Oaths Act, No. 16 of 1963, though courts may admit such affidavits in the interests of justice.
Al Jama-ah MP Imraan Ismail-Moosa has invited public comment on legislative proposals for a Bill intended to domesticate the United Nations International Convention on the Suppression and Punishment of the Crime of Apartheid (1973). The Department of Transport has published draft amendments to the regulations governing lifesaving equipment and fire-related appliances under the Merchant Shipping Act, No. 57 of 1951. The Department of Small Business Development has published a draft incubation business development policy framework for public comment, targeting structural support for MSMEs and co-operatives. The Minister of Trade, Industry and Competition has announced a two-phased review of the Broad-Based Black Economic Empowerment Act and its associated regulatory instruments. The Department of Justice and Constitutional Development has issued correction notices for the rules governing the Supreme Court of Appeal and Magistrates’ Courts, effective 28 November 2025. The Competition Commission has concluded its Media & Digital Platforms Market Inquiry, recommending a R688 million support package and new regulatory frameworks for AdTech and AI.
The South African Revenue Service (SARS) has released its Annual Report for the 2024/2025 financial year, highlighting a record net revenue collection of R1.855 trillion and the increasing role of AI-driven risk profiling in enforcement. Finance Minister Enoch Godongwana has tabled the 2024 Medium Term Budget Policy Statement and a suite of tax amendment bills, introducing a revised inflation target of 3%.
The Accounting Standards Board (ASB) has issued Exposure Draft (ED) 216, proposing narrow-scope amendments to the Standards of GRAP to enhance clarity and international alignment for the 2026 reporting period. The South African Law Reform Commission has published a report on alternative dispute resolution in family matters, recommending a draft Bill to regulate care and contact disputes.
The Community Schemes Ombud Service (CSOS) has issued Consolidated Practice Directive 1 of 2025, which repeals and replaces all previous directives, circulars, and guidelines effective 18 July 2025.
The South African Revenue Service (SARS) has implemented technical fixes to the ITR12T annual income tax return for trusts to address six specific system challenges reported for the 2025 filing period. National Treasury has gazetted the explanatory summary for the Tax Administration Laws Amendment Bill 2025/26, outlining proposed changes to assessment periods and objection timelines. The Department of Forestry, Fisheries & the Environment has published revised draft regulations and minimum information requirements for onshore petroleum exploration using hydraulic fracturing, with the comment period extended to 13 January 2026. The Department of Employment and Labour has released the draft National Economic Development and Labour Council (NEDLAC) Bill, which seeks to modernize the governance and membership structures of the council. The Accounting Standards Board (ASB) has released the updated Directive 5 on the GRAP Reporting Framework for the 2026/27 financial year, applicable to public sector entities for periods starting 1 April 2026. Parliament has passed the Public Administration Management Amendment Bill [B10B-2023], which seeks to harmonise governance and human resource frameworks across national, provincial, and local government.
The Independent Regulatory Board for Auditors (IRBA) has released its 2024/2025 Annual Report, marking the completion of its five-year strategic cycle and highlighting its fourth consecutive clean audit opinion. The National Assembly has passed the B-version of the One-Stop Border Post Bill, introducing specific revisions to the movement of goods and money within common control zones.
The Companies and Intellectual Property Commission (CIPC) has issued Practice Note 5 of 2025 to address confusion regarding the date required on the business rescue status report form (CoR125.1). The Companies and Intellectual Property Commission (CIPC) has implemented a mandatory 24-hour verification system for all changes to director contact information to prevent unauthorized updates. The National Assembly’s Trade, Industry & Competition Committee has initiated proceedings to evaluate the development of a committee Bill aimed at regulating remote gambling and addressing the legislative gap created by the unoperationalised National Gambling Amendment Act, No. 10 of 2008.
The Office of the Tax Ombud has issued a draft report investigating systemic vulnerabilities in SARS eFiling profiles and recommending enhanced security measures. National Treasury has released draft regulatory amendments under the Public Finance Management Act, No. 1 of 1999, to update financial reporting standards for public entities.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.
