Draft Amendments to Magistrates’ Courts Rules Published for Comment
Minister Refers MICT SETA Governance Concerns to National Skills Authority
DHA Rolls Out Phase II of Trusted Employer Scheme Amid Government-Wide Digitisation Push
High Court Grants R326m Freezing Order in Tembisa Hospital Fraud Case
Launch of IDAC Oversight Judge Office Clarifies Statutory Mandate
AFU Secures R326m Forfeiture Order in Tembisa Hospital Procurement Fraud Case
IESBA Announces Targeted Ethics Code Update on Firm Culture and Governance
Department of Water and Sanitation Begins Raw Water Tariff Consultations
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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.
The Department of Justice and Constitutional Development will gazette notices by 1 July 2026 to rationalise High Court jurisdictions and seats.
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. 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.
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. 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. 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. 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. 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. 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. 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. 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.
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. 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. The Long-term Insurance Amendment Bill has been tabled in Parliament to address issues surrounding multiple funeral policies with identical beneficiaries. The Department of Trade, Industry and Competition has published its revised industrial development strategy to address infrastructure backlogs and boost investment. 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.
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. The South African government is set to intensify workplace inspections and introduce sector-specific employment quotas under the Employment Services Amendment Bill. Cabinet has adopted the Comprehensive Approach for Migration Management, introducing stricter enforcement of immigration and labour laws, dedicated immigration courts, and upcoming transport regulations to curb Traffic Registration Number abuse. The Department of Small Business Development has published a draft policy aimed at developing and revitalising township and rural economies, with public comments open until 17 July 2026. A presidential proclamation has set 1 July 2026 as the commencement date for four remaining sections of the Financial Intelligence Centre Act, No. 38 of 2001. Cabinet has approved the withdrawal of the Draft National Artificial Intelligence (AI) Policy, which was published for public comment in March 2026, to allow for a comprehensive rework of the ethical standards. Cabinet has approved SANRAL's plan to shut down the Gauteng Freeway Improvement Project (GFIP) e-toll system, writing off outstanding debt and resolving historical litigation.
The International Accounting Standards Board has published an Exposure Draft proposing amendments to the IFRS for SMEs Accounting Standard to introduce a consolidation exception for certain intermediate parent companies.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.
