Newsflash Archives

Newsflash | New Cape Town laws incentivise micro-development

Last week, the City of Cape Town approved various additions and key amendments to its Municipal Planning By-law (‘the MPBL’) in a bid to stimulate micro-development, encourage a shift from informal shelter to affordable rental units, and crack down on

Newsflash | SA on the brink of grey list exit

In a positive development for economic growth and investment, National Treasury announced on Friday that South Africa has taken a major step towards being removed from the Financial Action Task Force (‘the FATF’) grey list after completing all 22 action

Newsflash | Just in: SARB announces interest rate cut

Moments ago, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) concluded its third meeting of 2025. Amid speculation that SARB would cautiously reject an interest rate adjustment, it has instead elected to lower the repo rate to

Newsflash | Just in: Treasury scraps the VAT hike

In a positive turn of events, the National Treasury announced in a media statement that it intends to reverse the proposed VAT rate increase outlined in the March Budget Speech. Following extensive consultations with political parties and a careful consideration

Newsflash | The FIC pleads for compliance: Urgently submit outstanding RCRs

In a key statement released last week, the Financial Intelligence Centre (‘the FIC’) urges designated non-financial businesses and professions (‘DNFBPs’), including estate agents and legal practitioners, to urgently comply with their reporting obligations to support South Africa’s efforts in exiting

Newsflash | Parliament approves National Budget: Answering your key property-related questions on VAT

Amid extensive political debate over the proposed VAT hike, the Fiscal Framework for the 2025/26 National Budget was narrowly passed by Parliament last week. With the staggered VAT rate increase of 0.5% set to take effect on 1st May 2025,

Newsflash | Employment law update: New earnings threshold takes effect today

For the fifth consecutive year, the Department of Employment and Labour has elected to increase the earnings threshold from R254 371.67 per annum to R261 748.45 per annum, with effect from today, 1st April 2025. Designed to safeguard lower-earning employees

Newsflash | Just in: SARB declines to lower the repo rate

Moments ago, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) concluded its second meeting of 2025. As predicted by most economists, SARB elected to keep the repo rate at 7.5%, effective 21st March 2025. Accordingly, the prime

Newsflash | Ushering in a digital era: The EDRS Act will soon be fully operational

Expected to revolutionise a traditionally paper-based system, the Electronic Deeds Registration Systems Act (‘the EDRS Act’) will be fully operational in less than two weeks’ time. Last Friday, government published Proclamation Notice 250 of 2025, confirming that sections 1, 3,

Newsflash | The National Budget Speech: Crunching the Numbers

Earlier this afternoon, Finance Minister Godongwana tabled the much-anticipated 2025/2026 National Budget Speech (‘the budget’). After an unprecedented postponement triggered by widespread disagreement within the Government of National Unity over a proposed 2% VAT hike, the budget contained the following

Newsflash | New Cape Town laws incentivise micro-development

Newsflash | SA on the brink of grey list exit

Newsflash | Just in: SARB announces interest rate cut

Newsflash | Just in: Treasury scraps the VAT hike

Newsflash | The FIC pleads for compliance: Urgently submit outstanding RCRs

Newsflash | Parliament approves National Budget: Answering your key property-related questions on VAT

Newsflash | Employment law update: New earnings threshold takes effect today

Newsflash | Just in: SARB declines to lower the repo rate

Newsflash | Ushering in a digital era: The EDRS Act will soon be fully operational

Newsflash | The National Budget Speech: Crunching the Numbers

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