FIC Invites Comment on Draft FICA Implementation Guidelines

Posted 12 June 2026

The Financial Intelligence Centre has released a draft guidance note on implementing aspects of the Financial Intelligence Centre Act, No. 38 of 2001, with comments due by 26 June 2026.

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Business Rescue Practitioners: Licence Suspension and Revocation Grounds Gazetted

Posted 12 June 2026

The Department of Trade, Industry and Competition has gazetted a notice on behalf of the CIPC prescribing the grounds and procedures for suspending or revoking a business rescue practitioner's licence.

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FICA Control Regulations Amended to Introduce Cross-Border Tracing Mechanisms

Posted 12 June 2026

National Treasury has gazetted amendments to the FICA Money Laundering and Terrorist Financing Control Regulations, introducing new tracing mechanisms for cross-border cash movements.

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Public Comment Period Extended for Draft General Public Procurement Regulations

Posted 12 June 2026

National Treasury has extended the deadline for public comments on the draft General Public Procurement Regulations, 2026, to 15 July 2026.

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Pre-2009 Qualifications Remain Valid Under NQF Transitional Directive

Posted 11 June 2026

The Department of Higher Education and Training has confirmed that all qualifications obtained prior to 2009 remain legally valid and recognized under the National Qualifications Framework Act.

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Government details transitional arrangements for NQF qualifications

Posted 11 June 2026

The Minister of Higher Education and Training has announced transitional arrangements under the National Qualifications Framework Act to manage the phasing out of pre-2009 qualifications.

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CIPC Warns of Penalties for Compliance Checklist Non-Compliance

Posted 11 June 2026

In terms of the Companies Act, No. 71 of 2008, the Companies and Intellectual Property Commission (CIPC) has issued Customer Notice 28 of 2026, warning companies of enforcement actions and administrative penalties for failing to submit their annual Compliance Checklists.

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CIPC Mandates Exclusive Use of Case Management System

Posted 11 June 2026

The Companies and Intellectual Property Commission (CIPC) has decommissioned email-based submissions, making the online Case Management System (CMS) mandatory for all statutory filings, complaints, and legal services.

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High Court Jurisdictions to be Rationalised by July 2026

Posted 10 June 2026

The Department of Justice and Constitutional Development will gazette notices by 1 July 2026 to rationalise High Court jurisdictions and seats.

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National Treasury Instruction No. 4 of 2026/27: Public Service Payroll Verification

Posted 10 June 2026

National Treasury has issued Instruction No. 4 of 2026/27, mandating a nationwide verification process for all public service payroll recipients to eliminate ghost employees.

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NCC Announces Recall of Hino 700 Series Trucks

Posted 10 June 2026

The National Consumer Commission has announced a product recall of 18 Hino 700 Series trucks under the Consumer Protection Act due to a fuel pump defect.

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IASB Issues IFRS 20 Regulatory Assets and Regulatory Liabilities

Posted 10 June 2026

The International Accounting Standards Board has issued IFRS 20 Regulatory Assets and Regulatory Liabilities, replacing IFRS 14 and supplementing IFRS 15 for rate-regulated entities.

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South Africa to Host 9th SACU Summit and 56th Council of Ministers

Posted 10 June 2026

South Africa will host the 9th SACU Summit of Heads of State or Government and the 56th SACU Council of Ministers in Cape Town from 18 to 26 June 2026.

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Commissions of Inquiry: Terms of Reference and Regulations Amended

Posted 09 June 2026

The President has amended the terms of reference and regulations for the presidential commissions of inquiry into the criminal justice system and TRC case-related matters.

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Cabinet Approves High Court Rationalisation and Judicial Post Expansion

Posted 09 June 2026

Cabinet has approved the implementation of the High Court rationalisation report, initiating a two-phase restructuring of judicial jurisdictions, a 20% increase in judicial posts, and new acting judge guidelines effective 1 July 2026.

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Kruger National Park Land Claim Beneficiation Agreement Signed

Posted 09 June 2026

The Department of Forestry, Fisheries and the Environment has finalised the Beneficiation Scheme Framework Agreement, settling long-standing land claims around the Kruger National Park through structured commercial and heritage opportunities.

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Special Tribunal Grants Freezing Order Over UIF-TERS Fraud Assets

Posted 09 June 2026

The Special Tribunal has granted a preservation order freezing a R2.7 million property linked to fraudulent Covid-19 Temporary Employee/Employee Relief Scheme (TERS) claims.

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KZN Treasury Allocates R17m to Curb Municipal MFMA Non-Compliance

Posted 09 June 2026

The KwaZulu-Natal Provincial Treasury has redirected R17 million in departmental savings to strengthen supply chain management and enforce compliance with the Municipal Finance Management Act, No. 56 of 2003, targeting rising irregular expenditure.

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ISSB Proposes Amendments to SASB Standards and IFRS S2 Guidance

Posted 09 June 2026

The International Sustainability Standards Board (ISSB) has published an Exposure Draft proposing amendments to the SASB Standards and IFRS S2 industry-based guidance to maintain alignment and improve cost-effectiveness for preparers.

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Re-engineering SA Legal Practice: Balancing Profitability and Compliance

Posted 09 June 2026

South African legal practitioners must balance commercial sustainability with strict regulatory compliance under the Legal Practice Act, No. 28 of 2014, particularly regarding trust account administration and mandate letters.

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Financial Sector Levies Act: Draft Amendments to Schedules 2 and 5 Published for Comment

Posted 08 June 2026

National Treasury has published proposed amendments to Schedules 2 and 5 of the Financial Sector and Deposit Insurance Levies Act, No. 11 of 2022, for public comment by 8 July 2026.

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Long-Term Insurance Amendment Bill Tabled in Parliament

Posted 08 June 2026

The Long-term Insurance Amendment Bill has been tabled in Parliament to address issues surrounding multiple funeral policies with identical beneficiaries.

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DTIC Publishes Revised Industrial Development Strategy

Posted 08 June 2026

The Department of Trade, Industry and Competition has published its revised industrial development strategy to address infrastructure backlogs and boost investment.

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IEC Warns Against Unlawful Use of Intellectual Property in Election Campaigns

Posted 08 June 2026

The Electoral Commission has warned political parties and candidates that using its name, logo, or branding in campaign materials contravenes the Electoral Commission Act, No. 51 of 1996.

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FIC Issues Reminder for 2026 Risk and Compliance Return Submissions

Posted 08 June 2026

The Financial Intelligence Centre has reminded designated accountable institutions to submit their 2026 Risk and Compliance Return (RCR) under Directive 11 of 2026 by the upcoming deadlines in June and July 2026.

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