IRR Warns Parliament Against SARB Amendment Bill
The Institute of Race Relations (IRR) has called on Parliament to reject the South African Reserve Bank (SARB) Amendment Bill, arguing that it is unconstitutional and economically unsound.
How AI Can Streamline Administration and Accounting in SMEs
Small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to cut costs, improve efficiency, and reduce administrative burdens. From automating invoices to predicting cash flow, AI is reshaping the way smaller businesses manage their back offices.
CIPC Automates Reinstatement Applications for Companies and Close Corporations
The Companies and Intellectual Property Commission (CIPC) has launched a fully digital process for reinstatement applications for companies and close corporations, marking a significant step toward modernising business services in South Africa.
Company Directors Take Note: Complying with Your Duties is a Big Deal
Directors who are not compliant with their legislated duties (which were amended again recently) face serious consequences, including civil liability and criminal liability that could result in fines and even prison time – or both.
6 Ways to Maximise Your Revenue Through Smarter Networking
Networking isn't just about showing up, shaking hands and trading a few business cards. If it’s done well, it's a direct path to new clients, improved sales and potentially, real business growth.
SARS’ Crypto Crackdown Intensifies with Dedicated Crypto Unit
Did you know that tax is payable on crypto asset transactions? SARS has intensified its focus on crypto asset trading recently, significantly improving its capacity to detect crypto activity and non-compliance with advanced analytics, extensive data-sharing arrangements with crypto exchanges, and a dedicated Crypto Asset Unit.
Busting the Accounting Myths That are Burying Your Business
Accounting isn’t just something to worry about during tax season. It’s the engine room of every decision you make, from whether you can hire, to when you should scale.
NCOP Passes 2025 Appropriation Bill and Eskom Debt Relief Amendment Bill
The National Council of Provinces (NCOP) has passed the 2025 Appropriation Bill, completing South Africa’s budget process for the 2025/26 financial year. This legislation authorizes government departments and entities to spend allocated funds on essential services, infrastructure projects, and social programs such as healthcare, education, and social grants. It also supports initiatives aimed at economic growth and job creation.
U.S. Tariffs on South Africa: Economic Shockwaves and Strategic Responses
The United States’ decision to impose a 30% tariff on South African exports marks a significant turning point in bilateral trade relations. Effective from August 2025, the tariffs apply to a wide range of goods, including manufactured products, automotive components, steel, aluminum, and certain agricultural exports. While critical minerals such as platinum and gold remain exempt, the measures threaten key sectors that underpin South Africa’s export economy.
Finance Minister Clarifies Monetary Policy Amid SARB Rate Cut
South Africa’s monetary policy landscape shifted this week following the South African Reserve Bank’s (SARB) decision to cut the repo rate by 25 basis points to 7%, the lowest level since 2022. This move, announced by the Monetary Policy Committee (MPC), aims to support economic activity amid sluggish growth and subdued inflation, which currently sits at 3%, the bottom of the 3–6% target range. The MPC signaled that inflation is expected to average 3.3% for 2025, with risks assessed as balanced.
Tools for Estate Planning
Estate planning is a critical process that ensures the effective management and distribution of an individual’s assets during their lifetime and after their death. It involves a variety of tools and strategies tailored to meet the unique needs and goals of the estate planner. Below, we explore some of the most important tools for estate planning.
Business Hack: How to Better Define Your Target Market
Failing to understand your ideal customer, wastes time, energy and resources. According to a report by CB Insights, 42% of startups fail because there is no market need. In other words, many companies are failingsimply because they didn't define or validate their target audience properly.
How Funding Budget 3.0 Will Impact You: Project AmaBillions
The scrapping of the proposed VAT increase in Budget 3.0 resulted in a budget shortfall, necessitating alternative sources of funding.
Don’t Let Your Best Ideas Go: Why You Must Protect Your Intellectual Capital
While most businesses focus on funding or tangible assets, true value often lies in intellectual capital.
AI Revolutionizes Operations in SMEs: A Game-Changer for Growth and Efficiency
In a rapidly evolving digital landscape, small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to streamline operations, enhance customer experiences, and drive growth. Once considered a luxury reserved for large corporations, AI technologies are now more accessible and affordable, enabling SMEs to compete on a more level playing field.
Doing business in South Africa: An overview
The following are some of the key factors shaping South Africa’s current economic climate:
South Africa Secures US$1.5 Billion World Bank Loan to Modernize Infrastructure
The Government of South Africa has signed a US$1.5 billion Development Policy Loan Agreement with the World Bank to support critical structural reforms aimed at modernizing infrastructure and driving inclusive economic growth. This landmark partnership seeks to address the country’s pressing challenges of low economic growth and high unemployment.
SARS Expands Auto-Assessment Program for 2025 Tax Season
The South African Revenue Service (SARS) has launched its most ambitious auto-assessment initiative to date, marking a significant shift in how taxpayers engage with the annual filing season. The 2025 rollout includes not only standard taxpayers but also provisional taxpayers and individuals who have made withdrawals under the new two-pot retirement system.
Property Investment and Tax: Unlocking Wealth Without Triggering Liabilities
In South Africa, property remains a cornerstone of wealth creation for high-net-worth individuals and SME owners. Whether you're building a portfolio of rental homes or investing through legal entities, the tax landscape can be both a gateway to growth and a minefield of costly missteps.
Understanding the Essential Requirements and Structure of a Trust in South Africa
A trust is a legal arrangement that allows assets to be held and managed by trustees for the benefit of beneficiaries. In South Africa, creating a valid trust requires meeting specific essential requirements and adhering to its structured framework.
SARS Tax Case Sends Strong Message on Trust Accountability
A recent ruling by the Johannesburg Tax Court has sent a powerful warning to trustees, funders, and high-net-worth individuals: poor record-keeping and vague financial narratives will not shield you from SARS scrutiny.
SARS Launches 2025 Tax Season with Expanded Auto-Assessments and Compliance Focus
The South African Revenue Service (SARS) has officially launched the 2025 tax season, introducing a streamlined filing process and reinforcing its commitment to compliance and digital transformation.
New Fuel Levy Implementation Sparks Nationwide Debate
The recent implementation of a new fuel levy has sparked widespread discussion across the country. Designed to address pressing economic concerns and boost revenue for critical infrastructure projects, the levy has been met with mixed reactions from citizens and industry stakeholders alike.
Budget 3.0: VAT Increase Out, Fuel Levy Hikes In
Last month’s Budget 3.0 withdrew the contentious proposed VAT changes. This resulted in inflation-linked fuel levy increases of 16c for petrol and 15c for diesel, from 4 June.