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Legislative Environment

beer in glass mug with foam
SAB reiterates calls for revised approach to excessive beer excise tax increases
Updated 5 hours ago By: Darren Parker

Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South... 


Image of a trench dug next to the M5 by cable thieves
Cape Town’s Metal Theft Unit recovers 1.8 t of metal, 54 km of cable
Updated 7 hours ago By: Irma Venter

The City of Cape Town (CoCT) says its dedicated Metal Theft Unit (MTU) in the past year (ending June 30) recovered more than 1.8 t of metal and 54 km of stolen cable. “The scary thing is that for... 


Image of CoCT's study areas for its LSDF
Cape Town proposes new CBD spatial plan; expects up to 50 000 new inner-city residents by 2040
13th September 2024 By: Irma Venter

The City of Cape Town (CoCT) has invited the public to comment on its 2040 local spatial development framework (LSDF) for the central business district (CBD). The LSDF will guide decisions about... 


An image of solar panels installed for a manufacturer
EU targets carbon emissions through import tariff
6th September 2024 By: Nadine Ramdass

The EU’s Carbon Border Adjustment Mechanism (CBAM), set to come into effect in 2026, is poised to drive companies exporting to the EU to rethink their energy strategies and adopt renewable-energy... 


Commissioner Doris Tshepe and ACA chairperson Dr Eugénia Pereira
South African, Angolan competition authorities sign MoU
4th September 2024 By: Darren Parker

The Competition Commission has signed a memorandum of understanding (MoU) with the Angola Competition Authority (ACA), establishing a general framework for bilateral communication and cooperation... 


JSE logo
FSCA approves JSE’s plans to divide its main board into two segments
3rd September 2024 By: Darren Parker

The Financial Sector Conduct Authority (FSCA) has approved amendments to the JSE’s listings requirements dealing with market segmentation, which will come into effect on September 23.  The market... 


M&R reaches debt repayment agreement with banking consortium
30th August 2024 By: Darren Parker

JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been... 


illegal mining access points
CoJ wants unified forum to address illegal mining scourge
29th August 2024 By: Darren Parker

The City of Johannesburg's (CoJ’s) Environment and Infrastructure Services Department (EISD) has called for the establishment of a unified forum to address illegal mining, emphasising the need for... 


President Cyril Ramaphosa
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity... 


An image of Maria Jenner
Embracing diversity an ironclad requirement
23rd August 2024 By: Lumkile Nkomfe

To overcome gender-biased stereotypes and preconceptions in the workplace, concerted efforts to embrace diversity and inclusion should be a non-negotiable hallmark of corporate strategy, highlights... 


An image of Oratile Sekele
Transformation integral to development
23rd August 2024 By: Lumkile Nkomfe

Amid the operational challenges of the country’s transport sector, freight forwarding solutions company Tswalanang Logistics highlights the necessity of creating educational opportunities and... 


SONJA DE BRUYN Infrastructure projects and partnerships can be integral to enhancing equality, in addition to safe and effective transport infrastructure's facilitating the movement of women, and therefore, assisting in their participation in economic activity
Women’s participation key to economic growth – investment firm
23rd August 2024 By: Lumkile Nkomfe

Efforts to facilitate the greater participation of women in key sectors of the economy, such as the transport sector, are viewed with the utmost importance by women-led investment firm Identity... 


handcuffs
Rail infrastructure thieves receive lengthy prison sentences
22nd August 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has welcomed the conviction and sentencing of four people arrested in connection with the theft and damage of essential Transnet infrastructure that... 


President Cyril Ramaphosa
Ramaphosa signs Electricity Regulation Amendment Act into law
16th August 2024 By: Terence Creamer

President Cyril Ramaphosa has signed into law the much-anticipated Electricity Regulation Amendment (ERA) Act, which lays the legislative foundations for the establishment of a fully independent... 


Renergen CEO Stefano Marani
Renergen says 'relevant' authorities have found no corporate governance wrongdoing
15th August 2024 By: Darren Parker

ASX- and JSE-listed Renergen says it has been cleared of any wrongdoing following an investigation into allegations levelled at the company over the past few months regarding potential... 


transnet freight train
Transnet initiates investigation into Fidelity security tender award
14th August 2024 By: Darren Parker

State-owned Transnet has commissioned an investigation to determine the facts and associated circumstances with regard to recent allegations in the media casting doubt on the integrity pertaining... 


Image of Cape Town Mayor Geordin Hill-Lewis
Cape Town to launch constitutional challenge if Public Procurement Bill is gazetted
12th August 2024 By: Irma Venter

Cape Town Mayor Geordin Hill-Lewis has urged President Cyril Ramaphosa not to gazette the new Public Procurement Bill into law, as the city believes it will slow down local service delivery and... 


Magazine cover image
SA’s automotive prospects clouded by high taxes and exports risks
2nd August 2024 By: Darren Parker

The importance of export growth as an automotive industry strategy is crucial to mitigate the numerous risks associated with South Africa's low growth environment. "We see export growth as a really... 


scrap metal
Aggressive scrap metal policies should be based on transparent data, not conjecture, expert says
30th July 2024 By: Darren Parker

Significant alterations to existing scrap metal regulations and outright bans – albeit temporary – on the trade of certain scrap metals should not be made without access to transparent and accurate... 


National Treasury welcomes signing of Pension Funds Amendment Act into law
30th July 2024 By: Darren Parker

National Treasury has voiced its approval of the Pension Funds Amendment Act being signed into law by the President Cyril Ramaphosa last week. This signals the last part of the significant... 


Sasol receives DFFE notification to apply concentration-based emissions limits
29th July 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol says it has received notification of the concentration-based limits that the Forestry, Fisheries and the Environment Minister has determined to be... 


Rainbow frozen chicken
SAPA asks, once again, that chicken products be made VAT-free
29th July 2024 By: Marleny Arnoldi

With President Cyril Ramaphosa looking to expand the basket of essential food items that are exempt from value-added tax (VAT) under the Government of National Unity, the South African Poultry... 


A coal-fired power station owned by Eskom
New legislation good for business sentiment in South Africa – Mavuso
29th July 2024 By: Schalk Burger

The continuation of policy reform in South Africa is an important factor for investors and two recent pieces of legislation signed by President Cyril Ramaphosa, namely the Climate Change Act and... 


trucks in a queue
Nearly three-quarters of investors unsatisfied with quality of ESG reporting
25th July 2024 By: Darren Parker

Law firm EY research has revealed that about 73% of investors say that companies largely fail to create enhanced reports encompassing environmental, social and governance (ESG) and financial... 


Seifsa president Elias Monage
Seifsa cites problems with proposed amendments to scrap metal trading laws
24th July 2024 By: Darren Parker

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has criticised the proposed amendments to the Regulations to the Second-Hand Goods Act put forward for... 


A shop in an informal settlement
Ramaphosa assents to National Small Enterprise Amendment Bill
23rd July 2024 By: Schalk Burger

President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill to establish a new entity – the Small Enterprise Development Finance Agency – which will incorporate the Small... 


scrap metal with crane
New online information hub on South African scrap metal industry launched
23rd July 2024 By: Darren Parker

A new online platform called MyScrapMatters has been launched, acting as a single centralised hub to provide comprehensive information about the scrap metal industry in South Africa. The aim of the... 


President Cyril Ramaphosa
Ramaphosa signs legislation establishing single public procurement framework
23rd July 2024 By: Terence Creamer

President Cyril Ramaphosa has signed the Public Procurement Bill, which aims to create a single framework for the procurement of goods and services by all organs of state in a manner that... 


Standard Bank assesses the impact of elections on capital markets globally
Standard Bank assesses the impact of elections on capital markets globally
18th July 2024 By: Marleny Arnoldi

With 49% of the world’s population having voted in elections this year, experts gathered by Standard Bank have unpacked whether this has an effect on capital markets and investor sentiment... 


Two employees in a data centre server room
iMasons Climate Accord calls for improved EPD reporting to boost data centre industry sustainability
16th July 2024 By: Darren Parker

The governing body of the iMasons Climate Accord (ICA), which is a programme of Infrastructure Masons, has called on the digital infrastructure industry to more widely adopt the publication of... 


Security agency finalising assessment of govt’s cybersecurity
11th July 2024 By: Sabrina Jardim

Following a public statement by Public Works and Infrastructure Minister Dean Macpherson on July 10, reporting that R300-million had allegedly been siphoned off from the Department of Public Works... 


Eskom power plant
Eskom employee, service provider face fraud charges in court
9th July 2024 By: Darren Parker

An employee of State-owned Eskom and a service provider to the utility last week appeared in the Hendrina Magistrate Court, in Mpumalanga, on charges of fraud, with each granted bail of R30 000. It... 


BLSA CEO Busi Mavuso
GNU Cabinet announcement gave business confidence a boost, says BLSA
8th July 2024 By: Darren Parker

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has said that business confidence is growing on the back of the announcement of the new government of national unity... 


Webber Wentzel partner Priyesh Daya
Priyesh Daya appointed to ICC International Court of Arbitration
3rd July 2024 By: Darren Parker

Law firm Webber Wentzel partner Priyesh Daya has been appointed as a member of the International Chamber of Commerce's (ICC’s) International Court of Arbitration for a three-year term starting on... 


Frederik Potgieter and Peter Huxham
UN calls for Potgieter, Huxham’s immediate release from Equatorial Guinea prison
2nd July 2024 By: Darren Parker

The UN Working Group on Arbitrary Detention has called for the immediate release of South African engineers Frederik Potgieter and Peter Huxham, declaring in a formal opinion that the detention of... 


renewable energy, wind and solar
Legislative certainty amid government shuffle crucial for continued renewable-energy investment
26th June 2024 By: Darren Parker

A clear and certain legislative framework is critical for enabling sustainability and green energy investments in South Africa going forward, especially given the changes taking place in government... 


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