Reserve Bank cuts interest rates in South Africa The South African Reserve Bank (SARB) Monetary Policy Committee has voted to cut South Africa’s interest rates by 25 basis points. This takes the repo rate to 6.75% and the prime lending rate to 10.25%. The decision was unanimous. Reserve Bank governor Lesetja Kganyago said that while… Continue reading Reserve Bank cuts interest rates in South Africa

Trustworthy: how trustees should avoid Sars’ new administrative penalties Phia van der Spuy|Published 4 days ago 6min Sars plans to implement administrative penalties for non-compliant trusts starting in early 2026. With an estimated two-thirds of registered trusts not properly registered for tax, trustees have a limited time to ensure compliance. Image: Timothy Bernard / Independent Newspapers While… Continue reading Reserve Bank cuts interest rates in South Africa

SARS announces tax change for 2026 SARS has urged employers in South Africa to start preparing for the 2026 Employer Filing Season, noting changes taking effect early next year. The Revenue Service stated that, as of February 2026, employers will no longer be able to submit Pay As You Earn (PAYE) reconciliations without a valid… Continue reading Reserve Bank cuts interest rates in South Africa

Are year-end bonuses a legal right or a workplace privilege? Crackdown on rogue debt counsellors as National Debt Counselling Association proposes new standards. A new report says the future consumer wants simplicity, self-expression and science-backed wellness. And a seven-year study maps the DNA of successful entrepreneurs. By Jeremy Maggs · 7 Nov 2025   13:44  You can also listen to… Continue reading Reserve Bank cuts interest rates in South Africa

Fresh govt directive puts South African companies at risk of $80k fine, 10% turnover Segun Adeyemi 16 October 2025 11:14 AM The Department of Employment and Labour in South Africa has issued a stark warning to employers: non-compliance with the new Employment Equity Act (EEA), which came into force on 1 January 2025, will carry… Continue reading Reserve Bank cuts interest rates in South Africa