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 Department of Employment & Labour has announced its intention to withdraw the 2003 exclusion regarding payment timeframes for benefit fund contributions under the Basic Conditions of Employment Act.
The Council for Medical Schemes has issued Circular 22 of 2025, proposing Audit Quality Indicators for the appointment of auditors under the Medical Schemes Act. National Treasury has released the 2025 draft tax Bills and regulations for public comment, including a significant retraction regarding hybrid equity instruments. The Financial Sector Conduct Authority has issued a new conduct standard prescribing governance, operational, and conduct requirements for managers of collective investment schemes. The Accounting Standards Board (ASB) has issued a call for public comment on a draft Standard of Generally Recognised Accounting Practice (GRAP) concerning the verification of social benefit liabilities. The Department of Justice and Constitutional Development has gazetted amendments to the rules of the High Court and Magistrates’ Courts, effective 15 September 2025.
The Financial Intelligence Centre has issued a notice reminding accountable institutions of their obligation to register under the correct item numbers in Schedule 1 of the Financial Intelligence Centre Act, No. 38 of 2001. The National Assembly’s Portfolio Committee on Justice and Constitutional Development has called for public submissions on the General Laws (Family) Amendment Bill, which seeks to align matrimonial and divorce legislation with recent Constitutional Court rulings.
The Companies and Intellectual Property Commission (CIPC) has announced the full automation of the Application for Re-instatement of Deregistered Company (Form CoR40.5), effective 11 August 2025.
South African accounting practices are transitioning toward value-based pricing and digital-first operations to align with evolving professional standards and ensure long-term sustainability. The Department of Trade, Industry & Competition has gazetted a block exemption under the Competition Act to support Phase 2 of the sugar industry master plan. The Department of Trade, Industry and Competition has withdrawn proposed draft amendments to regulations under the National Credit Act, No. 34 of 2005, to allow for further stakeholder consultation.
The Independent Regulatory Board for Auditors (IRBA) has issued a new guideline to assist the Enforcement and Disciplinary Committees in determining appropriate monetary fines for Registered Auditors found guilty of improper conduct. The Department of Trade, Industry & Competition has gazetted a draft block exemption under the Competition Act, No. 89 of 1998, to support export promotion and mitigate tariff impacts.
The FSCA and SARB have released Joint Communication 2 of 2025, providing best practices for financial institutions on cloud computing and data offshoring.
The International Ethics Standards Board for Accountants (IESBA) has released a staff alert detailing the ethics and independence obligations for accounting firms undergoing private equity investment. The Legal Practice Council has gazetted proposed amendments to the rules governing the filling of vacancies within provincial councils, specifically addressing by-election procedures. The Department of Trade, Industry & Competition has invited public comment on draft amendments to the regulations under the Liquor Act, No. 59 of 2003, which will impact the registration of manufacturers and distributors. The Department of Forestry, Fisheries & the Environment has published draft regulations to prohibit the production, sale, and distribution of plastic microbeads and products containing them. The Department of Agriculture, Land Reform & Rural Development has published draft regulations under the Communal Property Associations Act, No. 28 of 1996, with the comment period extended to 16 November 2025. The International Ethics Standards Board for Accountants (IESBA) has issued a list of specific prohibitions for Public Interest Entities (PIEs) under the International Ethics Standards for Sustainability Assurance (IESSA). The International Ethics Standards Board for Accountants (IESBA) has issued a staff publication comparing the International Ethics Standards for Sustainability Assurance (IESSA) with the existing IESBA Code of Ethics to support practitioners in sustainability assurance engagements. The Prudential Authority has released a draft directive under the Banks Act, No. 94 of 1990, outlining new requirements for board independence and the appointment of independent non-executive directors as committee chairs. Cabinet has approved the removal of the Repeal of South African Airways (SAA) SOC Limited Bill from Parliament following the collapse of negotiations for a strategic equity partnership.
The IFRS Foundation has published new implementation guidance for climate-related transition plan disclosures under IFRS S2.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.
