When higher taxes backfire: Illicit trade thrives
Higher taxes may boost government revenue, but they could also drive consumers towards illegal operators, undermining the regulated market and the tax base.
#NationalTreasury
SFC could bring more global financial-services activity onshore
JSE Group chief executive Valdene Reddy says the SFC could build local expertise and a broader financial-services ecosystem around foreign portfolio management.
The rising cost of money
South Africa’s debt outlook is improving, according to the Medium-Term Budget Policy Statement. But what could higher borrowing costs globally mean for local households, businesses and the public purse?
SA plans framework to attract global investment-management business
The proposed SFC could create opportunities in international business for qualifying FSPs with the licences, systems, and controls required to participate.
Fiscal anchor will put government’s budget discipline into law
The draft legislation would require governments to set and report against their own fiscal objectives, with Parliament and the Financial and Fiscal Commission given stronger oversight roles.
MTBPS: Revenue outlook improves, but fiscal pressures remain
Stronger tax collections give Treasury room for additional spending and temporary fuel relief, but fading commodity gains and high debt-service costs constrain the outlook.
Legal advisers map route forward for JIBAR transition Bill
The finance committee can remove the Bill’s proposed amendments to the invalidated Public Procurement Act and proceed with the benchmark provisions.
Parliament hits pause on urgent JIBAR transition Bill
The invalidation of the Public Procurement Act has left lawmakers weighing whether removing part of the amendment Bill would require further public participation.
Procurement Act struck down: What happens to the reform now?
The rules governing public procurement remain in place, but the government’s plan for a new framework has been sent back to the drawing board.
JIBAR transition enters legislative phase
A Bill before Parliament would give the SARB a statutory mechanism to address legacy contracts that still reference JIBAR when the benchmark ceases at the end of 2026.
Treasury moves to lock fiscal strategy into law
The proposed framework would require future administrations to set out fiscal plans consistent with sustainable public finances and a declining debt burden.
Treasury calls July municipal intervention a success – but the bigger fix is still ahead
The funds were released despite incomplete compliance, with municipalities now subject to structured programmes and deadlines aimed at correcting financial and governance failures.
GPAA chief executive dismissed over procurement misconduct
Kedibone Madiehe was found guilty of breaching the PFMA, procurement rules, and her fiduciary duties following several forensic investigations.
Health insurance benefit increases for 2026 published
The annual benefit escalations for policies that fall under the Demarcation Regulations.
Treasury’s strategy for unclaimed benefits ‘conflates two separate issues’
The industry broadly supports centralising tracing and administration but questions whether moving assets to the CPD is necessary, appropriate, or in members’ interests.
Final FSCA levies gazetted for 2026/27
Moonstone’s updated calculator enables FSPs to estimate their Schedule 2, Ombud Council, Tribunal, and FAIS Ombud levy components.
The rand’s long-term outlook may be changing
Improving domestic fundamentals, a potentially weaker US dollar, and lower inflation could mean the rand depreciates more slowly than investors have come to expect.
