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 Basic Education has published two sets of draft regulations regarding learner admissions and school infrastructure capacity, with the public comment period extended to 5 January 2026.
The National Treasury and the Financial Intelligence Centre (FIC) have confirmed the completion of the Financial Action Task Force (FATF) on-site assessment, a final step before the October 2025 decision on South Africa’s greylisting status.
The National Treasury has released the draft Accounting Manuals for Departments (AMD) for the 2025/26 financial year for public comment. The National Treasury has released proposed amendments to Annexure 5 of the Annual Financial Statements template for government departments for public comment. The FSCA, PA, and National Treasury have released new directives and strategies concerning cloud computing risk mitigation and disaster response financing frameworks. A draft Constitution Amendment Bill has been gazetted for public comment, proposing to bar individuals removed from office for misconduct from serving in legislative bodies. Presidential proclamations and implementing regulations for the AARTO Act and its 2019 Amendment Act have been withdrawn, suspending the planned national rollout. The Department of Forestry, Fisheries & the Environment has published draft regulations and technical guidelines for greenhouse gas carbon budgeting and emissions mitigation planning under the Climate Change Act, No. 22 of 2024.
The International Accounting Standards Board has released a revised Practice Statement to align management commentary with global sustainability reporting and investor needs. The International Accounting Standards Board has issued a Request for Information as part of its Post-Implementation Review of IFRS 16 (Leases). National Treasury has released the 2026 Medium Term Expenditure Framework (MTEF) Technical Guidelines, introducing a new mechanism for identifying and removing underperforming programmes. Parliament is currently processing 32 Bills, including the Revenue Laws Amendment Bill which remains before the National Council of Provinces. National government proposals and new legislation remain open for public comment throughout August 2025, providing a window for stakeholders to influence draft regulatory frameworks.
The Public Company Accounting Oversight Board (PCAOB) has released a new Audit Focus resource to assist auditors, particularly those in smaller firms, with the complexities of auditing accounting estimates and addressing common inspection deficiencies. The Department of Forestry, Fisheries and the Environment has released the draft second Nationally Determined Contribution (NDC) report, outlining South Africa's updated commitments to greenhouse gas emission reductions and climate change mitigation. The Defence Laws Repeal and Amendment Act, No. 17 of 2015, has officially commenced, repealing obsolete defence-related statutes and amending the Castle Management Act, No. 207 of 1993.
The Companies and Intellectual Property Commission (CIPC) has issued a practice note outlining its position on staying director amendment filings where internal company disputes result in conflicting submissions. The PCAOB has released guidance for audit firms on evaluating capacity and competence before accepting new engagements for smaller public companies and broker-dealers. The Constitution 22nd Amendment Bill, which seeks to amend section 25 of the Constitution to allow for land expropriation without compensation, was tabled in Parliament on 29 September 2025.
The Legal Practice Council has amended Rule 54.14.16 to mandate the compulsory automation of trust interest transfers to the Legal Practitioners’ Fidelity Fund effective 1 September 2025. A proposed Private Member’s Bill seeks to amend the Constitution of the Republic of South Africa, 1996, to introduce parliamentary oversight and numerical limits on the appointment of Ministers and Deputy Ministers. The Road Accident Fund has adjusted the statutory limit for loss of support and income claims to R373,822.00, effective 31 July 2025, as per Board Notice 813.
The IAASB has released guidance on how the revised standards for going concern and fraud risks reinforce the application of professional skepticism during audits. The Prudential Authority has released a draft directive outlining the phased implementation roadmap for Basel III post-crisis reforms under the Banks Act, No. 94 of 1990.
The International Ethics Standards Board for Accountants (IESBA) has published a summary of feedback from global roundtables concerning firm culture and governance, signaling future amendments to international ethical standards.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.
