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

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

Listings reform, settlement changes, retail participation, and infrastructure upgrades feature as ways to strengthen market depth and competitiveness.

From CGT thresholds to small business tax and foreign allowances, Ronald King identifies the changes that could materially reshape financial plans.

National Treasury Director-General Duncan Pieterse says South Africa’s core fiscal challenge is structurally low economic growth that trails population expansion.

The government finally cuts payers of personal income tax some slack – and increases the medical scheme tax credits.

Treasury also proposes new thresholds at which fund members and living annuitants can commute to a cash lump sum.

A tighter, more disciplined Budget channels spending into social support and infrastructure while cutting waste to avoid tax hikes.

While borrowing remains substantial, improving bond yields, firmer revenue, and reduced debt-service growth suggest a more credible consolidation path.

The tax regime for small and micro-businesses will also be adjusted for inflation.

The proposal is to reclassify all returns from collective investment schemes and retail hedge funds as capital gains.

The legislation will strengthen reporting and governance obligations across the non-profit, corporate, and financial sectors.

Draft amendments to the SRD Regulations have been published to give effect to the grant’s continuation from April 2026 to March 2027.

Regulatory initiatives across payments, digital assets, open finance and embedded finance are expected to progress this year.

The Revenue Laws Amendment Act settles the treatment of provident and provident preservation fund members aged 55 or older on T-day.

Parliament reiterates concerns about financial management and governance highlighted in recent audit outcomes.

The Bill largely clarifies and strengthens existing AML/CFT expectations rather than introducing a new regulatory philosophy.

FNB has disbursed over R1 billion to Ithala customers and is sending about 5 000 SMS notifications per day to schedule branch visits.