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A snapshot of the Public Procurement Bill, 2023

26th July 2023 The Public Procurement Bill, which was introduced in the National Assembly on 30 June 2023, aims to create a single framework to regulate public... 

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Blockchain makes crypto asset transactions transparent and traceable

26th July 2023 At the 2023 Digital Assets and Sanctions Compliance Conference, Lerato-Lamola Oguntoye participated in a panel discussion on the regulation of... 

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Prudential Authority publishes draft amendments to the commercial paper exemption notice, 1994

24th July 2023 The Prudential Authority has published proposals to amend the rules on commercial paper issuance, including new definitions, a minimum size for... 

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South Africa’s crypto providers now caught in the licensing net

19th July 2023 Around the world, governments are moving ahead to regulate crypto assets. The South African Reserve Bank (SARB) at first merely warned the public... 

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New advertising, infomercial and programme sponsorship regulations

18th July 2023 ICASA has published new regulations governing advertising, infomercials and programme sponsorship.  The regulations are binding on Broadcasting... 

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FSCA publishes draft position paper on open finance

17th July 2023 The FSCA has published for comment a Draft Position Paper setting out its policy and proposed approach towards regulating the Open Finance sector... 

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Fitness for purpose clauses in construction contracts should be approached with caution

14th July 2023 A fitness for purpose obligation is important in allocating design risk, but its appropriateness is often challenged. Risk can be allocated to... 

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New draft rules on the proposed two-component (two-pot) retirement system

13th July 2023 The anticipated draft amendments to legislation that will implement the first phase of the two-component retirement system have been published for... 

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