
Commentators flag key uncertainties in draft exchange control proposals
Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.

Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.

National Treasury releases the draft Capital Flow Management Regulations to replace the Exchange Control Regulations.

Temporary fuel levy relief ends on 5 May as pressure builds at the pumps. The High Court case will test whether the minister can adjust the levy without Parliament.

The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.

National Treasury’s draft framework signals tighter expectations for how firms deliver, integrate, and measure financial education.

His five-year term begins in mid-April as the government looks to sustain momentum ahead of the upcoming FATF evaluation.

A R3-per-litre levy cut cushions April’s fuel spike, but rising oil prices and expiring relief point to steep increases ahead.

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.