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Audit Fees Regulations in Place


Auditor-General of South Africa Audit Fees Regulations have been drawn up. The Auditor-General of South Africa published the regulations in Government Gazette 43194. The regulations were drafted in terms of…

Treasury Issues PFMA Exemption Notice


National Treasury The public sector, including state-owned enterprises, has been exempted from the Public Finance Management Act and regulations. National treasury published the exemption notice in Government Gazette 43188. The…

Comment Sought on Disaster Management Tax Relief Bill


National Treasury The Draft Disaster Management Tax Relief Bill and the Draft Disaster Management Tax Relief Administration Bill have been published for comment. In a statement, national treasury pointed out…

Municipalities Exempted from MFMA During State of Disaster


National Treasury Municipalities and municipal entities have been exempted from the provisions of the Local Government: Municipal Finance Management Act (MFMA) 56 of 2003 and regulations. National treasury published the…

Comment on Draft Public Procurement Bill Extended


National Treasury Comment on a draft bill that aims to regulate public procurement has been extended. National treasury published the Draft Public Procurement Bill’s call for comment in Government Gazette…

Schedules 1 and 6 to Customs and Excise Act Amended


South African Revenue Service The South African Revenue Service has published a raft of notices amending Schedule 1 and 6 to the Customs and Excise Act. The amendments, published in…

Financial Sector Regulation Act Commencement Notice Amended


National Treasury The notice of commencement for the Financial Sector Regulation Act of 2017 has been amended. National treasury published the amendment notice in Government Gazette 43131. The act came…

IRBA Sets Down Adjusted Fees


Independent Regulatory Board for Auditors Fees payable to the Independent Regulatory Board for Auditors (IRBA) have been adjusted. IRBA published the revised fees in Government Gazette 43110. New fees in…

Comment Period on Competitive Financial Markets Paper Extended


National Treasury The deadline for comment on the “Building Competitive Financial Markets for Innovation and Growth – A Work Programme for Structural Reforms to South Africa’s Financial Markets” discussion paper…

NA Passes 2020 Division of Revenue Bill


National Assembly The national assembly has passed the 2020 Division of Revenue Bill and sent it to the national council of provinces for concurrence. The bill was tabled in parliament…