591 results found

The debarment of representatives and key individuals of Financial Service Providers ("FSPs") is regulated by the Financial Advisory and Intermediary Services Act, 2002.

Whether finance charges are deductible for income tax purposes is an important consideration when calculating the cost of credit. Historically, SARS has denied borrowers a deduction for the various costs associated...

The office of the Tax Ombud was established to act as a bridging gap between SARS and the taxpayer. But, taxpayers do not always have a direct line to connect with the Tax Ombud.

South Africa's Supreme Court of Appeal (SCA) held that a tax debt exists regardless of there being an assessment in dismissing an appeal brought by billionaire businessman Christo Wiese...

The week building up to Minister Tito Mboweni's budget speech was filled with rumours about an increase in the VAT rate and a new proposed wealth tax on assets.

The South African Reserve Bank's November 2025 draft Directive in respect of specific payment activities makes a subtle but material change to the way "e‑money" is defined and supervised.

It is generally conceded that inappropriate incentives and remuneration structures led to unwelcome behavior in the banking industry.

Donald Nyakairu provides his comments on these new guidelines, which were introduced by the Bank of Uganda on 14 April 2020.

COP27, the first African 'Conference of the Parties' is being hosted in Egypt this year and is particularly important for us as a continent as the event is providing a unique opportunity to shine the spotlight...

Buy now pay later (BNPL) is an agreement for the sale of a product where the seller allows the payment to be extended over a specific period of time.

On 9 July 2025, the High Court of South Africa, Gauteng Division, Pretoria (the "High Court") broadened the requirements for the jurisdiction...

While it is not clear when the financial services industry can expect the next draft of the Conduct of Financial Institutions Bill ("COFI")

After extensive public consultation with industry participants and interested parties, as well as industry specific engagement, the Financial Sector Conduct Authority ("FSCA") published ...

From time to time, inadvertent exchange control contraventions crop up and it is important for the relevant parties to assess the implications and the potentially serious consequences of the contravention.

The present economy is challenging due to a multitude of macro and micro economic factors at an international and local level. In an article published by Business Tech on 3 July 2019

Following downgrades by ratings agencies Standard & Poor's and Fitch in April 2017, Moody's cut South Africa's foreign and local-currency ratings to investment grade Baa3 with a negative outlook...

The Prescription Act 68 of 1969 ("the Act") regulates the running of Prescription. A debt will prescribe after the lapse of a certain time period.