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Legislative Environment News

Revived SARS illicit economy unit already eyeing 58 cases, says Kingon

By: News24Wire      19th October 2018 The soon-to-be reopened South African Revenue Service (SARS) unit probing the illicit economy has already identified 58 cases for investigation, the tax agency's Acting Commissioner Mark Kingon told the Nugent Commission of Inquiry on Friday.  The unit was one of several shut down under the... 

Plain packaging suggested as safety measure

By: Thabi Madiba     19th October 2018 To reduce tobacco-related deaths that are estimated to amount to seven-million people a year globally, the Department of Health published a proposed Control of Tobacco Products and Electronic Delivery Systems Bill in May for broader public comment, which will regulate all tobacco products to be... 

Plain packaging suggested as  safety measure
Photo by Bloomberg
HARMFUL Plain packaging will limit the use of tobacco

Packaging market volumes declines

By: Thabi Madiba     19th October 2018 The potential imposition of an Extended Producer Responsibility (EPR) tax by the Department of Environmental Affairs will have a negative impact on the packaging industry, which may result in the collapse of numerous packaging manufacturers in South Africa, says Packaging South Africa executive... 

Draft IRP comment deadline nears 

18th October 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the upcoming deadline for public comment on the draft Integrated Resource Plan (IRP), the main areas of contention and what Cabinet is likely to decide when deliberating on the final IRP. 

Draft IRP comment deadline nears
Draft IRP comment deadline nears

Latest WEF global competitiveness report raises red flags for South Africa

By: Simone Liedtke     17th October 2018 The World Economic Forum’s (WEF’s) latest findings in its Global Competitiveness Report for 2018/19 again raised several flags about factors in South Africa’s economic performance, which are having a serious negative impact on its international competitiveness, says North West University... 

Mboweni slams KPMG over role in VBS scandal

By: African News Agency      16th October 2018 Finance Minister Tito Mboweni on Tuesday condemned auditing firm KPMG for signing off on the financial statements of failed VBS Mutual Bank even though, according to a South African Reserve Bank report, it was clear that it had a shortfall of about R1-billion. "When you have a big auditing firm... 

Mboweni slams KPMG over role in VBS scandal
Finance minister Tito Mboweni

South Africa committed to African air transport liberalisation – Minister

By: Rebecca Campbell     12th October 2018 South African Transport Minister Dr Blade Nzimande reaffirmed on Friday the country’s commitment to the implementation of the Yamoussoukro Decision (YD) on liberalising air transport across Africa. He did so in a speech to the 48th annual general meeting of the Airlines Association of Southern... 

South Africa committed to African air transport liberalisation – Minister
Photo by Duane Daws/Creamer Media
Dr Blade Nzimande

KPMG will cooperate with damning SARB report 

By: News24Wire      11th October 2018 KPMG has vowed to work on rebuilding trust in its reputation following the release of the South African Reserve Bank's (SARB's) report into VBS Mutual Bank, the global auditing firm said in a statement on Thursday.  The statement was released on Thursday, acknowledging the outcome of the report. 

 KPMG will cooperate with damning SARB report

Report error actually ranks S Africa 110 out of 162 in economic freedom   

By: Sane Dhlamini     11th October 2018 South Africa now ranks 110 out of 162 as an economically free country, according to the Economic Freedom of the World (EFW) index. The Free Market Foundation (FMF) revealed on Wednesday that South Africa had ranked 94 but an error in World Bank data, spotted and investigated by the FMF’s Eustace... 

Report error actually ranks S Africa 110 out of 162 in economic freedom

Hawks, NPA teams already at work on VBS fraud investigation  

By: News24Wire      11th October 2018 The final investigation report into the R1.8-billion fraud at VBS Mutual Bank released on Wednesday cannot be used as evidence to prosecute any individuals, but is serving as a "useful guide" to prosecutors and police investigators. This is according to National Prosecuting Authority spokesperson... 

Hawks, NPA teams already at work on VBS fraud investigation

AMSA seeks growth opportunities in sub-Saharan Africa amid muted domestic steel demand

By: Nadine James     10th October 2018 In light of weak domestic demand, ArcelorMittal South Africa (AMSA) has implemented a strategy to enhance its short-term profitability and cashflow, thereby, ensuring the business’ sustainability and positioning it to exploit growth in the sub-Saharan Africa region, says CEO Kobus Verster. During... 

 AMSA seeks growth opportunities in sub-Saharan Africa amid muted domestic steel demand
Photo by ARCELORMITTAL
ArcelorMittal Vanderbijlparjk Works

Jessie Duarte ‘keen’ to testify at State capture commission  

By: Sashnee Moodley     10th October 2018 The ruling African National Congress’s (ANC’s) deputy general-secretary, Jessie Duarte, said on Wednesday that she was “very keen” to testify at the Commission of Inquiry into State Capture. Speaking at a media briefing around the ANC’s position on former Finance Minister Nhlanhla Nene’s... 

Jessie Duarte ‘keen’ to testify at State capture commission
ANC deputy general-secretary Jessie Duarte

Parly's transport committee grills Prasa on lack of progress

By: News24Wire      10th October 2018 Parliament's Portfolio Committee on Transport grilled the Passenger Rail Agency of South Africa's (Prasa) presentation at a meeting in Cape Town on Tuesday, for lacking urgency and progress. The meeting comes after the Rail Safety Regulator (RSR) communicated its intention to suspend Prasa's... 

Parly's transport committee grills Prasa on lack of progress

Tax Ombud secures nearly R450m in refunds in biggest tax disputes for 2017/18

By: Simone Liedtke     9th October 2018 Nearly R450-million in tax refunds has been paid out to the ten taxpayers with the largest disputes with revenue authorities in the 2017/18 financial year, as a result of the intervention of the Office of the Tax Ombud (OTO). The OTO reported these figures during the launch, on Tuesday, of its... 

Nzimande urges Prasa, rail regulator to resolve trains safety impasse out of court

By: African News Agency      8th October 2018 Transport minister Blade Nzimande on Monday appealed to both the Railway Safety Regulator (RSR) and Passenger Rail Agency of South Africa (Prasa) to find an out of court settlement in the interests of millions of commuters who daily use the Metrorail, in a stand off over safety. The regulator... 

Nzimande urges Prasa, rail regulator to resolve trains safety impasse out of court
Transport Minister Blade Nzimande

Nene pleads for S Africans’ forgiveness for Gupta meetings  

By: Sane Dhlamini     5th October 2018 Finance Minister Nhlanhla Nene on Friday pleaded to South Africans to forgive him for his visits to the Gupta compound in Saxonwold, Johannesburg and their family business in Midrand during his terms as Deputy Minister, in 2010, and Finance Minister, in 2014.  His visits to the Gupta home were... 

Nene pleads for S Africans’ forgiveness for Gupta meetings
Photo by Bloomberg
Finance Minister Nhlanhla Nene

Nene's involvement with son's business dealings questioned

By: News24Wire      5th October 2018 Finance Minister Nhlanhla Nene has been pulled into the orbit of a questionable investment by the Public Investment Corporation (PIC) in Mozambique, after it emerged that a business partner of his son scored millions of rand in the deal.  The Mail & Guardian and amaBhungane reported on Friday... 

Nene's involvement with son's business dealings questioned
Photo by Reuters
Finance Minister Nhlanhla Nene

Investment dream team has hit the ground running – Ramaphosa 

By: News24Wire      3rd October 2018 President Cyril Ramaphosa says his special envoys on investment have held 150 meetings with investors in total - visiting Johannesburg, Cape Town and nine countries over five months. This as Ramaphosa updated Members of Parliament in a written reply to questions on one of his earliest economic... 

Investment dream team has hit the ground running – Ramaphosa
President Cyril Ramaphosa

Nene denies EFF allegations that he facilitated Gupta access for funding  

By: African News Agency      3rd October 2018 Finance Minister Nhlanhla Nene has testified that contrary to assertions by the Economic Freedom Fighters (EFF), he did reply to their letter sent in May this year, in which he denied allegations that he was the gateway for the Guptas to access Public Investment Corporation (PIC) funding.... 

Nene denies EFF allegations that he facilitated Gupta access for funding
Photo by Reuters
Finance Minister Nhlanhla Nene

I will testify to Zondo if I'm called – Ramaphosa

By: News24Wire      3rd October 2018 President Cyril Ramaphosa has said that he is prepared to appear before Deputy Chief Justice Raymond Zondo's judicial inquiry in to State Capture should he be asked to do so. Ramaphosa was replying to a question in Parliament. 

 I will testify to Zondo if I'm called – Ramaphosa
President Cyril Ramaphosa

Zuma sacked me for rejecting Gupta deals – Nene

By: Reuters     3rd October 2018 Finance Minister Nhlanhla Nene said on Wednesday he was fired by former president Jacob Zuma for refusing to approve contracts that would financially benefit the Gupta family, friends of Zuma accused of corruption. Nene, who was giving testimony at a judicial inquiry into influence-peddling, said... 

Zuma sacked me for rejecting Gupta deals – Nene
Finance Minister Nhlanhla Nene

Closure, rehabilitation of landfills a major issue

28th September 2018 As landfill space in South Africa reaches capacity, the controlled, planned and systematic filling of landfill cells requires progressive closure and rehabilitation, says infrastructure delivery company Aecom, adding that it can provide this specialised service. Landfills may need to be closed... 

Closure, rehabilitation of landfills a major issue
JAM-PACKED JUNK Once filled to capacity, landfills must be closed and decommissioned

Petco submits industry waste management plan

By: Jessica Oosthuizen     28th September 2018 Polyethylene terephthalate (PET) recycling company Petco submitted its Industry Waste Management Plan (IndWMP) for the PET packaging sector as part of industry body Packaging SA’s Federation of Plans for the packaging industry, says Petco stakeholder relations manager Janine Basson. Packaging SA... 

Petco submits industry waste management plan
JANINE BASSON Petco is well placed to continue delivering results in this next stage of South Africa’s environmental legislation

Job creation depends on B-BBEE compliance – Commissioner  

By: Sane Dhlamini     26th September 2018 The Commissioner of the Broad-Based Black Economic Empowerment (B-BBEE) Commission Zodwa Ntuli said job creation, as outlined in President Cyril Ramaphosa’s economic stimulus and recovery plan, would be easily achieved if companies were B-BBEE complaint. Ntuli was addressing the media in... 

Job creation depends on B-BBEE compliance – Commissioner
Photo by Sane Dhlamini
Commission's head of investigation and enforcement Joseph Melodi, Commissioner Zodwa Ntuli, senior manager for compliance Lindiwe Madonsela and senior manager on organisational strategy and performance Thembakazi Dondashe

Mantashe to unpack finalised Mining Charter on Thursday

By: News24Wire      26th September 2018 Minister of Mineral Resources Gwede Mantashe will on Thursday morning brief members of the media on the finalised version of the Mining Charter. The long-awaited release of a renewed charter comes a week after Minister of Communications Nomvula Mokonyane confirmed that it had been approved by... 

Mantashe to unpack finalised Mining Charter on Thursday
Mineral Resources Minister Gwede Mantashe

Visa regulation amendments to ease entry for business travellers, tourists

By: Tasneem Bulbulia     25th September 2018 The Department of Home Affairs (DHA) is pursuing new regulations to make it easier for business travellers, tourists and academia to enter South Africa, but South African minors leaving the country will still need consent from both parents when leaving the country. The announcement of the new... 

Visa regulation amendments to ease entry for business travellers, tourists
Photo by Bloomberg
Home Affairs Minister Malusi Gigaba

KSB Pumps and Valves obtains Level 1 BBBEE certification

By: Simone Liedtke     25th September 2018 Global pump manufacturer KSB Pumps and Valves has obtained Level 1 broad-based black economic empowerment (BBBEE) certification. This follows the acquisition of a 30% equity stake in the company by black women-owned firm Insikazi Synergies, which has joined the KSB board to play an active role in... 

KSB Pumps and Valves obtains Level 1 BBBEE certification

South Africa to relax visa rules to boost investment, tourism 

By: Reuters     25th September 2018 South Africa will ease some immigration rules, including agreeing visa waiver agreements with more countries, in an effort to boost investment and tourism, Home Affairs Minister Malusi Gigaba said on Tuesday. The changes are part of a broader economic turnaround programme announced by President... 

South Africa to relax visa rules to boost investment, tourism
Home Affairs Minister Malusi Gigaba

Gordhan: Stimulus plan all about implementation

By: News24Wire      21st September 2018 President Cyril Ramaphosa's newly-announced economic stimulus package has a specific focus on implementation, say economic cluster ministers Pravin Gordhan and Ebrahim Patel. Ramaphosa on Friday morning announced a raft of measures in an effort to reignite growth, restore investor confidence,... 

 Gordhan: Stimulus plan all about implementation
Photo by Dylan Slater
Public Enterprises Minister Pravin Gordhan

Mining Charter to be gazetted next week

By: African News Agency      21st September 2018 The final Mining Charter would be gazetted next week by Mineral Resources Minister, Gwede Mantashe. The Charter was approved with minor amendments by the September 19 Cabinet meeting. 

 Mining Charter to be gazetted next week
Photo by Creamer Media
Mineral Resources Minister Gwede Mantashe

A ‘sovereign innovation fund’ proposed in draft technology policy

By: Rebecca Campbell     21st September 2018 The Department of Science and Technology (DST) has, in its recently released draft White Paper on Science, Technology and Innovation (STI), stated that a “sovereign innovation fund” is to be created. “There is a need for increased commercialisation funding,” said section 6.2 of the draft White... 

SA aims to set new innovation agenda as Draft White Paper is released

By: Rebecca Campbell     21st September 2018 The Presidency is to lead a Science, Technology and Innovation (STI) “Plenary meeting” involving major sectors of South African government and society, Science and Technology Minister (Ms) MT Kubayi-Ngubane told the media at the recent launch of the Department of Science and Technology’s draft... 

Draft White Paper changes focus to improve impact on country

By: Rebecca Campbell     21st September 2018 The Department of Science and Technology’s (DST’s) recently released draft White Paper on Science, Technology and Innovation (STI) contains a number of policy shifts in comparison with its predecessor, the 1996 White Paper on Science and Technology. These are intended to allow STI to fulfil its... 

Hogan Lovells SA announces new chairperson

By: Sashnee Moodley     19th September 2018 Law firm Hogan Lovells has appointed Nkonzo Hlatshwayo as chairperson of its South African practice as of October 1, as the term of current chairperson Lavery Modise ends. The firm praised Modise for being an inspirational and dedicated leader during his term at the South African practice, which... 

Cronin lifts veil on new draft expropriation law

By: News24Wire      18th September 2018 A new expropriation bill, set to be tabled in Parliament in the next two months, will set out a clear procedure for land expropriation without compensation and ensure it is an “administratively just process”, according to Deputy Minister of Public Works Jeremy Cronin.  Earlier this month a draft... 

Cronin lifts veil on new draft expropriation law
Deputy Minister of Public Works Jeremy Cronin

Zwane issued ultimatum to bank on closing Gupta accounts, inquiry hears  

By: African News Agency      17th September 2018 In trying to force Standard Bank to reverse its decision to close Gupta-linked business accounts, former mineral resources minister Mosebenzi Zwane reminded the bank executives that the South African government was in charge of issuing banking licenses and could change banking laws anytime.... 

Zwane issued ultimatum to bank on closing Gupta accounts, inquiry hears
Photo by Creamer Media
Former Mineral Resources Minister Mosebenzi Zwane

ANC, ministers threatened Standard Bank to force it to keep Gupta accounts open, State capture commission hears

By: News24Wire      17th September 2018 Former mineral resources minister Mosebenzi Zwane threatened Standard Bank's operating licence and threatened to change the banking laws, all in an effort to allow the politically connected Gupta family to keep their bank accounts open. This is according to Standard Bank's former head of... 

ANC, ministers threatened Standard Bank to force it to keep Gupta accounts open, State capture commission hears
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