
Businesses should weigh VAT deregistration carefully
Rising the VAT threshold to R2.3m may prompt some businesses to deregister, but the process can trigger an immediate output tax liability on assets.
Sanlam and Momentum outline how they are managing workforce, operations, and risk as the Bonitas transition proceeds despite an unresolved court challenge.

Rising the VAT threshold to R2.3m may prompt some businesses to deregister, but the process can trigger an immediate output tax liability on assets.

Penalties cannot be based on periods before the FIC assumed supervisory authority, and remediation must be fully considered when imposing sanctions.

The CMS cites statutory constraints, while the Portfolio Committee on Health calls for a clear roadmap to implement the Inquiry’s recommendations.

The criminal case stemming from the collapse of Classic Financial Services has been delayed once more, after the defence asked for time to consult newly appointed senior counsel.

Markets have been under sustained pressure from conflict, tighter financial conditions, and liquidity strains. Ryk de Klerk argues this risk-off phase may be reaching its limits, even as volatility remains high.

The group plans to combine healthcare and financial data to refine risk assessment and product pricing.
Satrix won 10 of 23 awards, as South Africa’s exchange traded product market reached over R300 billion in market capitalisation and continues to expand.

Banks are already acting on the updated exchange control requirements, and transfers without an AIT certificate may be frozen.

Misaligned statutory deadlines for employee retirement fund contributions raise practical compliance questions, particularly for employers with non-monthly payroll cycles.

Early disclosure to a financial adviser can help secure liquidity, reduce delays, and spare families unnecessary administrative stress.

Affidavits before the High Court set out contested positions on process, standing, and potential next steps, including whether liquidation should follow.

The FIC publishes draft guidance on implementing Directive 10, including how institutions must capture and submit geographic data across group structures.

Attend MBSE’s Virtual Open Days from 14 to 16 April to discover flexible, career-focused qualifications and engage directly with industry-led lecturers.

The Authority says the case highlights the need for a legislative framework that is more conducive to fostering transformation and incubation models.

A Middle East-driven energy surge is reshaping inflation, interest rate expectations, and portfolio positioning, with direct implications for South Africa.

With the transition period now over, financial institutions that offer education initiatives must align with the FSCA’s requirements on governance, evaluation, and accountability.

Interest in newer vehicle brands is rising among South African buyers, but theft trends and repair costs continue to shape premiums and the real cost of ownership.