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Financial Sector Laws Amendment Act Sections in Effect


National Treasury Sections 2, 3, 12 and 58 of the Financial Sector Laws Amendment Act have come into effect. National treasury published the commencement notice in Government Gazette 46288. President…

Godongwana Shines Light on Progressive Legislation and Policies


National Treasury Government aims to implement progressive legislation and policies that seek to address weaknesses in South Africa’s economic framework. The finance minister, Enoch Godongwana, emphasised this in a speech…

Customs and Excise Act Rules Amended


South African Revenue Service Customs and Excise Act Rules have been amended. The South African Revenue Service published the amendments in Government Gazette 46207. New subrules (6) and (7) are…

Banks Act Regulations Amended


National Treasury Banks Act Regulations have been amended. National treasury published the amended Regulations in Government Gazette 46159. A new subregulation (6) on matters related to concentration risk is inserted…

Revised Rates and Monetary Amounts Bill Released


National Treasury The revised Draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill has been released. In a statement, national treasury confirmed that the revised draft bill includes…

NA Passes 2022 Division of Revenue Bill


Parliament The national assembly has given the green light to the 2022 Division of Revenue Bill and sent it to the national council of provinces for concurrence. The bill was…

Preferential Procurement Regulations Drawn Up


National Treasury Draft Preferential Procurement Regulations have been drawn up. National treasury published the proposed Regulations in Government Gazette 46026 for comment. They were drafted in terms of the Preferential…