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Twin Peaks: Breaking down the siloes

In South Africa, each institution is required to comply with its own industry-specific legislation, but that is changing with the implementation of Twin Peaks legislation...

#AfricaMonth: Fintech breaks down borders in FX trading

The evolution to electronic foreign currency trading in Africa, given its fragmented markets and lack of legacy infrastructure, was slow to start, but has gained in traction.

23 May 2018

VAT review report due next month

The panel established to review a list off zero-rated food products will submit its report next month, said Finance Minister, Nhlanhla Nene, when he tabled the Treasury's budget vote at the National Assembly.

22 May 2018

Explainer: who will be doing what under South Africa's new 'Twin Peaks' model

South Africa has started implementing a new regulatory regime for the financial sector. Known as Twin Peaks, the approach was first adopted in Australia in 1998...

By Andrew Schmulow 21 May 2018

SA adopts XBRL for annual financial statement reporting

South Africa is one of the first countries on the continent to adopt XBRL for qualifying reporting entities submitting their annual financial statements...

18 May 2018

Panel of experts on VAT calls for submissions

The Independent Panel of Experts, set up to review the current list of zero-rated Value Added Tax (VAT) items, has invited all interested stakeholders to make written submissions for their consideration...

11 May 2018

Treasury to host public financial management conference

Finance Deputy Minister Mondli Gungubele is expected to address the second Public Financial Management (PFM) Conference that will get underway in Johannesburg today.

9 May 2018

Reforms to diesel tax refund system could hold welcome relief for struggling SA farmers

"Government has an immediate and obvious avenue to ease the burden of farmers, and help cash-flow and profit generation and we hope that the coming months will see speedy legislative reforms that introduce a practical and more lenient approach to diesel rebates so that farmers are able to fully benefit."

9 May 2018