Cabinet Approves SANRAL Plan for E-Toll Closure and Debt Write-Off
Draft Rates and Monetary Amounts Bill: Treasury Invites Public Comment
Draft South African Police Service Amendment Bill Submitted to Parliament
Parliament Demands Intergovernmental Action Plan on R110bn Municipal Eskom Debt
Parliament Committee Calls for Prioritised Lifestyle Audits for SCM Officials
Draft VAT Amendments Issued for Valuable Metals Reverse Charge
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National Treasury has gazetted a ministerial proclamation linking the commencement of traveller declaration provisions in the Tax Administration Laws Amendment Act, No. 18 of 2023, with cash conveyance reporting under FICA. The Financial Intelligence Centre has released a draft compliance communication for comment, clarifying the registration of geolocation data for branches and subsidiaries of accountable institutions.
The Compensation for Occupational Injuries and Diseases Amendment Act, 2022, introduces significant changes to employer compliance, including the recognition of PTSD as an occupational disease and stricter administrative penalties.
The Independent Regulatory Board for Auditors (IRBA) has published its 2025 Public Inspections Report, detailing findings from the second year of its ninth inspections cycle and highlighting recurring deficiencies in audit quality. The Special Pensions Amendment Bill [B11-2024] has been formally introduced in Parliament to address implementation misalignments within the Special Pensions Act, No. 69 of 1996.
The Office of the Accountant General has published the Annual Report Guide and templates for departments and public entities for the reporting period ending 31 March 2026. The Minister of Mineral and Petroleum Resources has announced that regulations to operationalise the Upstream Petroleum Resources Development Act, No. 23 of 2024, are expected to be gazetted by the end of October 2024. The Department of Co-operative Governance & Traditional Affairs has called for public comment on draft amendments to the regulations under the Intergovernmental Relations Framework Act, No. 13 of 2005, focusing on the District Development Model. The Prudential Authority has released a draft directive for public comment regarding the reporting obligations of auditors under the Banks Act, No. 94 of 1990. A notice has been gazetted calling for public comment on a proposed amendment to the Prevention & Combatting of Corrupt Activities Act, No. 12 of 2004, aimed at strengthening penalties and aligning with international standards. The Legal Practice Council has gazetted immediate amendments to the rules governing misconduct for legal practitioners under the Legal Practice Act.
The Companies and Intellectual Property Commission (CIPC) has announced it will publicise the names of entities that have failed to comply with issued Compliance Notices and have not had such notices set aside by the Companies Tribunal. The Department of Tourism has gazetted a draft code of good practice for short-term rentals, establishing non-binding guidelines for stakeholders ahead of planned amendments to the Tourism Act, No. 3 of 2014. The Public Procurement Amendment Bill, seeking to reform the application of B-BBEE criteria in state procurement, has been formally introduced in Parliament. The Minister of Communications & Digital Technologies has invited public comment on a draft policy direction aimed at accelerating the deployment of high-speed broadband infrastructure across South Africa.
The Independent Regulatory Board for Auditors (IRBA) has released its 7th Annual Audit Quality Indicators Survey Report, providing stakeholders with measurable data points to evaluate audit performance and independence. The Financial Intelligence Centre (FIC) has called for input on a draft directive requiring accountable institutions to submit risk and compliance returns under the Financial Intelligence Centre Act, No. 38 of 2001. The Department of Forestry, Fisheries & the Environment has published draft regulations under the National Environmental Management: Waste Act, No. 59 of 2008, detailing the procedures for applying for exemptions.
The International Auditing and Assurance Standards Board (IAASB) has initiated a post-implementation review of International Standard on Auditing (ISA) 540 (Revised), Auditing Accounting Estimates and Related Disclosures. The Prudential Authority has issued a draft directive prescribing requirements for the Internal Liquidity Adequacy Assessment Process (ILAAP), with comments due by 30 April 2026. The Independent Regulatory Board for Auditors (IRBA) has adopted narrow-scope amendments to align auditing and review standards with revised definitions of listed and public interest entities. The Independent Regulatory Board for Auditors (IRBA) has approved the Final Pronouncement on Ethics Standards for Sustainability Assurance, introducing a new Part 5 to the IRBA Code of Professional Conduct. The National Assembly and NCOP have called for submissions on the 2026 Division of Revenue Bill and the 2025/26 Special Appropriation Bill, with deadlines set for March 2026. The Department of Sport, Arts & Culture has published the draft South African Geographical Names Council Amendment Bill for public comment, proposing a restructured framework for naming committees. The Department of Employment & Labour has gazetted four sets of amendments to regulations under the Compensation for Occupational Injuries & Diseases Act, No. 130 of 1993, to facilitate the implementation of the 2022 Amendment Act.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.
