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.
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.
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.
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”.
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.
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.
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).