Newsflash Archives - Page 4 of 19

Newsflash | SARB cautiously keeps the repo rate unchanged

Yesterday afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) convened its fifth meeting of 2025. Against the backdrop of market uncertainty, SARB has cautiously declined to lower the repo rate, which remains 7.0%, effective Friday, 19th

Newsflash | ConCourt rules husbands can take their wives’ surnames

In a resounding win for gender equality, the ConCourt has unanimously declared that certain provisions of the Births and Deaths Registration Act (‘the Act’) are unconstitutional for failing to allow men to assume their wives’ surnames after marriage. Following a

Newsflash | New Bill aligns SA’s divorce laws with the Constitution

Signifying the evolving nature of South Africa’s family law terrain, the much-anticipated General (Family) Laws Amendment Bill (‘the Bill’) was recently tabled in Parliament. Devised to give legislative effect to key 2023 rulings by the Constitutional Court, the Bill addresses

Newsflash | Please (don’t) call me: Why ConCourt ruled in Vodacom’s favour

Last week, the Constitutional Court comprehensively overruled the Supreme Court of Appeal (‘the SCA’) in the highly publicised case of Vodacom v Makate. The decision adds another twist to the nearly 20-year legal battle over fair compensation owed to Kenneth

Newsflash | Just in: SARB announces consecutive interest rate cut

This afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) convened its fourth meeting of 2025. Against the backdrop of market uncertainty, and as widely predicted by most economists and various financial institutions, SARB has encouragingly elected

Newsflash | Conveyancing fees set to increase next month

Yesterday, the Law Society of South Africa (‘the LSSA’) published its updated Guideline of Fees (‘the Guideline’). The Guideline, which delineates recommended fees for conveyancing-related transactions, will apply to all relevant instructions received from Friday, 1st August 2025. The Guideline is generally updated

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