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Economic Affairs

Draft Amendments to National Gambling Regulations


Department of Trade and IndustryThe department of trade and industry has proposed amendments to the national gambling regulations.These relate to regulation 3, which focuses on gambling advertisements and promotional material.The…

Implementation of Key Business Laws Delayed


Department of Trade and IndustryThe trade and industry department has announced that the general implementation date of both the Consumer Protection Act and the Companies Act is to be deferred.Last…

Proposed New Growth Path Still in Cabinet System


Department of Economic Development Only once cabinet has approved government's new growth path will its details be released.Minister of economic development, Ebrahim Patel, confirmed this when responding to questions in…

Trade and Industry Committee Wants to Amend IDC Legislation


Portfolio Committee on Trade and IndustryThe portfolio committee on trade and industry has called for legislation governing the industrial development corporation (IDC) to be amended. This would ensure that the…

Auditing Regulators Focus on Registration Process for Auditors


Independent Regulatory Board for AuditorsThe independent regulatory board for auditors (IRBA) has published an exposure draft on the registration requirements for auditors for public comment in the Government Gazette.According to…

Finance Committee Adopts Taxation Laws Amendment Bills


Standing Committee on FinanceThe standing committee on finance has adopted the Taxation Laws Amendment Bills. They will be debated in the national assembly on 9 September.National treasury and the revenue…

Co-operatives Development Act to be Amended


Department of Trade and IndustryThe trade and industry department has confirmed that the Co-operatives Development Act is to be amended. The act was signed into law in 2005.This was revealed…

Framework for Decent Work in the Tourism Industry


Department of TourismThe national department of tourism is developing a framework for "decent work" in the tourism industry. The framework will seek to encourage businesses in the sector to comply…

Economic Empowerment Legislation Under Review


Department of Trade and IndustryThe trade and industry department has revealed that the Broad-Based Black Economic Empowerment (BBBEE) Act was under review. This was made known in a briefing on…