September 5, 2022

Compensation for Occupational Injuries and Diseases Act Amendment Bill

3 September 2022 Compliance with the COID Act Notice is given that the Compensation Fund will embark on employer engagements, site visits and audits to establish effective registration and compliance with this Act.  a) Section 80 of the COID Act requires all employers, who are operating a business with one or more employees, to register with …

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Public Finance Management Act, and Regulations

3 September 2022 The Minister of Finance announced the new standard interest rate applicable to loans granted by the State out of a Revenue Fund and/or to all other debts which must be paid into a Revenue Fund. The new interest rate is at 9,00% per annum as from 1 September 2022 (previously 8,25%).

Auditor-general reports: response to KZN and Eastern Cape flood disaster as too slow

31 August 2022 Auditor-General (AG) Tsakani Maluleke issued her first report on the flood relief funds in KZN and the Eastern Cape. The audit focused on key response initiatives considering the risks of non-delivery and (continued) harm to flood victims as well as fraud and the mismanagement of funds. The report includes the results of …

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National Treasury on approval of bill to strengthen fight against money laundering

29 August 2022 The Minister of Finance tabled the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill [B18-2022] aiming to strengthen fight against money laundering in Parliament.  The Bill has been submitted to the Standing Committee on Finance (SCOF) and the Select Committee on Finance (SECOF). The Bill seeks to strengthen the country’s Anti-Money Laundering and …

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Information Regarding the Registration Requirement for a Police Clearance Certificate

29 August 2022 IRBA introduced a requirement for a SAPS Police Clearance as part of its registration requirements with effect from 1 April 2022. Due to difficulties experienced by members the Board has approved a temporary deviation from the requirement for a Police Clearance Certificate up until 31 March 2023. Applicants who have been unable …

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Latest CIPC Notices

Filing documents for for licensing as business rescue practitioner (COR126.1) Note that Notice 65 of 2018 is hereby withdrawn and replaced by Notice 22 of 2022 All information relating to the form CoR123.2 and legal documents in terms of Regulations 123(3) and filed in accordance with section 129(3)(b) of the Companies Act 71 of 2008 …

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