Newsflash Archives

Newsflash | SARB hikes the repo rate: Why now is the time for smarter property planning

This afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) concluded its third meeting of 2026. As widely predicted by most economists and various financial institutions, SARB has elected to hike the repo rate to 7%, effective

Closing the loopholes: Why proposed PIE Act amendments strengthen property rights in South Africa

Earlier this month, government gazetted the much-anticipated Prevention of Illegal Eviction from and Unlawful Occupation of Land Amendment Bill (‘the Bill’) for public comment. The Bill proposes various amendments to the PIE Act, which prohibits unlawful evictions from residential property.

Important notice: STBB KZN is relocating!

STBB wishes to inform our valued clients that STBB KZN will be relocating to new premises in Umhlanga Ridge, Durban. Our new address will be effective from Friday, 1st May 2026. All other contact details remain unchanged unless otherwise communicated.

Newsflash | The FIC issues Directive 11 on 2026 risk and compliance return submissions

Last week, the Financial Intelligence Centre (‘the FIC’) gazetted Directive 11 of 2026 (‘the Directive’) following a public consultation process. The Directive, which incorporates appropriate public feedback, came into effect on 1st April 2026 and governs the submission of the

Newsflash | Erring on the side of caution: SARB keeps the repo rate unchanged at 6.75%

This afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) convened its second meeting of 2026. Against the backdrop of rising geo-political tensions, elevated risks, and higher oil prices, SARB has cautiously elected to keep the repo

Newsflash | Property in focus

Erring on the side of caution: SARB keeps the repo rate unchanged at 6.75% Against the backdrop of rising geo-political tensions and higher oil prices, the South African Reserve Bank has cautiously elected to keep the repo rate at 6.75%.

Pulse Newsflash | Employment updates for businesses

Labour law update: New minimum wage takes effect Effective 1st March 2026, the increase in the national minimum wage constitutes a material regulatory change requiring immediate compliance review by employers. Read more COIDA amendments are now in force: What should

Newsflash | The National Budget 2026/27: Key implications for property and business

Yesterday afternoon, Finance Minister Enoch Godongwana delivered the 2026/27 National Budget Speech with a firm emphasis on South Africa’s fiscal progress. Highlighting the country’s removal from the Financial Action Task Force grey list and its first credit rating upgrade in

Labour law update: New minimum wage set for 1st March 2026

Following a recent amendment to Schedules 1 and 2 of the National Minimum Wage Act, the national minimum wage is set to increase from R28.79 per hour to R30.23 per hour, effective Sunday, 1st March 2026. Designed to safeguard vulnerable

Airbnb and commercial property rates: The City of Cape Town proposes new Short-Term Letting By-law

In a bid to improve compliance with existing Rates Policy, the City of Cape Town last week released a media statement indicating its intention to publish a draft Short-Term Letting By-law for public comment. Against the backdrop of debates surrounding