Nexia SAB&T on 25/03/2026

Weekly Review- 25/03/2026

The Federal Reserve left its federal funds target range unchanged at 3.50%–3.75% at its March policy meeting, marking a second consecutive hold. The decision was near-unanimous, with eleven members voting to maintain rates and one in favour of a cut. The updated Summary of Economic Projections retained a median expectation of one rate cut in 2026, while forecasts for both inflation and GDP growth were revised higher. In his post-meeting press conference, Chair Jerome Powell highlighted elevated uncertainty around the economic outlook, pointing to geopolitical developments in the Middle East and the risk of an energy shock as key risks to inflation expectations.

2026 Budget Speech: Tax Highlights
Nexia SAB&T on 09/03/2026

2026 Budget Speech: Tax Highlights

South Africa’s 2026 Budget Speech introduced a series of tax adjustments aimed at maintaining revenue stability while offering targeted relief to households and businesses. While the overall tax framework remains largely unchanged, several thresholds and allowances have been updated, mostly in line with inflation.

2026 Budget Speech: Managing Public Sector Institutions
Nexia SAB&T on 09/03/2026

2026 Budget Speech: Managing Public Sector Institutions

South Africa’s 2026 Budget highlights the importance of restoring the financial and operational health of public sector institutions, particularly state-owned companies responsible for delivering critical infrastructure and services.

2026 Budget Speech: Economic Outlook
Nexia SAB&T on 09/03/2026

2026 Budget Speech: Economic Outlook

South Africa’s 2026 Budget outlines a modest but improving economic outlook, reflecting gradual recovery alongside persistent structural challenges in the economy.

2026 Budget Speech: Fiscal Policy
Nexia SAB&T on 09/03/2026

2026 Budget Speech: Fiscal Policy

South Africa’s 2026 Budget highlights government’s spending priorities over the medium term, emphasising the need to balance fiscal sustainability with continued investment in public services and infrastructure.

Streamlining In-House Accounting Processes with AI
Nexia SAB&T on 04/03/2026

Streamlining In-House Accounting Processes with AI

By handling almost instantly the repetitive, menial bookkeeping tasks that previously consumed much company time and resources, Artificial Intelligence is fundamentally streamlining accounting processes.

Why Your Cash Flow Problems May Be Down to Your Behaviour
Nexia SAB&T on 04/03/2026

Why Your Cash Flow Problems May Be Down to Your Behaviour

For many small business owners, cash flow problems feel like a financial puzzle that’s impossible to figure out. It’s a numbers game that puts us at the mercy of the markets, and our clients’ payment terms.

Budget 2026: Your Tax Tables and Tax Calculator
Nexia SAB&T on 04/03/2026

Budget 2026: Your Tax Tables and Tax Calculator

Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin taxes took effect on 25 February already and the fuel levies also increased.

So, You Want to Diversify? You Might Be Making a Mistake
Nexia SAB&T on 16/02/2026

So, You Want to Diversify? You Might Be Making a Mistake

Diversification is treated as a business virtue so unquestioned it borders on dogma. Expand the product line. Enter new markets. Hedge every risk. Spread exposure everywhere. Yet for many entrepreneurs, diversification may actually bring more risk than it solves.

February Provisional Tax Deadline: How to Avoid Stiff Underestimation Penalties
Nexia SAB&T on 16/02/2026

February Provisional Tax Deadline: How to Avoid Stiff Underestimation Penalties

The second provisional tax deadline for the 2026 financial year is just days away on 27 February 2026. This is an important and tricky deadline, because this second provisional tax estimate must be quite accurate (within 80–90% of actual taxable income) to avoid SARS’ stiff under-estimation penalty.

Taxpayers Brace for a Tougher SARS in 2026
Nexia SAB&T on 13/02/2026

Taxpayers Brace for a Tougher SARS in 2026

South African taxpayers are heading into the new tax year with a clearer picture of what to expect - and the message is unmistakable: stricter enforcement, deeper data‑driven scrutiny and limited tax relief.

South African Reserve Bank Holds Repo Rate as Inflation Eases and Growth Steadies
Nexia SAB&T on 03/02/2026

South African Reserve Bank Holds Repo Rate as Inflation Eases and Growth Steadies

At its first policy meeting of 2026, the Monetary Policy Committee (MPC) of the South African Reserve Bank held the repurchase (repo) rate steady at 6.75%, maintaining a cautiously neutral stance in the face of global and domestic economic uncertainties. This decision, effective from the January 29 meeting, reflects a backdrop of easing inflation and stabilising growth, but also persistent risks in the external environment.

South Africa Showcases Economic Reform Progress at Davos 2026
Nexia SAB&T on 03/02/2026

South Africa Showcases Economic Reform Progress at Davos 2026

South Africa’s National Treasury, led by Finance Minister Enoch Godongwana, played a prominent role at the 2026 World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, from 19–23 January 2026, using the global stage to highlight the country’s economic reform achievements and growing investment potential.

South Africa Exits EU High-Risk Finance List – A Milestone in Global Financial Confidence
Nexia SAB&T on 03/02/2026

South Africa Exits EU High-Risk Finance List – A Milestone in Global Financial Confidence

South Africa has achieved a significant milestone in its financial governance journey with its removal from the European Union’s list of High-Risk Third Country Jurisdictions, a designation that took effect on 29 January 2026. The announcement was welcomed by the National Treasury, which highlighted the development as a positive step for reducing barriers to international financial engagement.

2026 National Budget Speech
Nexia SAB&T on 03/02/2026

2026 National Budget Speech

The South African Government has officially announced that the 2026 National Budget Speech will be delivered by Finance Minister Enoch Godongwana on 25 February 2026.

Tax Developments 2026
Nexia SAB&T on 30/01/2026

Tax Developments 2026

South African taxpayers face two high‑stakes tax developments in the coming year - both tied to SARS’s intensified enforcement drive. The first issue centres on undeclared foreign properties. The second relates to Permanent Establishment (PE) risk, which poses significant challenges for both non-resident companies operating in South Africa and South African businesses expanding overseas however in this article we will focus only on South African businesses operating potential PEs in foreign tax jurisdictions.

NPO? NGO? NPC? PBO? What’s the Difference Anyway?
Nexia SAB&T on 09/12/2025

NPO? NGO? NPC? PBO? What’s the Difference Anyway?

Helping others should be the simplest thing in the world, but the truth is there’s a lot more red tape than you might expect. You’re just trying to run a community project, but then you’re told you need to register as an NPO, but everyone’s calling you an NGO, your accountant says it might help to become an NPC and your donors are asking if you’re a PBO.