Archive for March, 2023

Beneficial Ownership Regulations are Strengthened to Address FATF’s Grey Listing

Mar 31st, 2023

As of 01 April 2023, changes pertaining to beneficial ownership that were introduced by the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act, No. 22 of 2022 will come into effect.

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Sabinet supports literacy in early childhood development

Mar 28th, 2023

We are, particularly in the South African context, acutely aware of the impact that education and literacy have on the economic and overall success of a country.

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Sabinet celebrates 40 years of innovation

Mar 24th, 2023

It is said that “knowledge is power” and Sabinet, previously known as the South African Bibliographic and Information Network, has been a direct power source of knowledge for four decades—nationally as well as globally.

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Celebrate South African Library Week with Sabinet – We’re for Libraries

Mar 23rd, 2023

South African Library Week (SALW) is observed annually, with the 2023 celebration being held from 20 to 26 March under the theme “Libraries: telling powerful stories”.

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Why the academic industry must comply with financial regulatory instruments

Mar 16th, 2023

The Department of Higher Education and Training says that more than 1,1 million students have enrolled in academic programmes at public universities in 2023, while over 100 000 students have enrolled in private tertiary education. Applications for student loans are anticipated at well over 800 000 students in 2023.

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Draft Taxation Laws Amendment Bill – Solar PV Panels Tax Rebates Installation

Mar 15th, 2023

Finance Minister Enoch Godongwana announced during his budget speech that South Africans who pay personal income tax can receive up to R15,000 in tax rebates for solar panels starting from 1 March.

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Minimum wage threshold – Know your rights

Mar 13th, 2023

On 1 March 2023, the Minister of Labour, Minister TW Nxesi, declared that the earnings threshold for the Basic Conditions of Employment Act, 1997 (BCEA) would be increased from R224 080.48 per annum (approximately R18 673.37 per month) to R241 110.59 per annum (around R20 092.55 per month).

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