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SARB issues consultation paper on Prime Rate demise

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Paula Conway
Consultant Attorney

The South African Reserve Bank (“SARB”) published a consultation paper on 16 February 2026 with proposals to demise the prime lending rate (“Prime Rate”) and designating the Repurchase Rate (“Repo Rate”) (to be called the SARB policy rate or SPR) as its replacement.

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What is a “parenting co-ordinator” and when will one be appointed?

Contentious divorces can become particularly complicated when there are minor children involved.

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There are many foreigners electing to immigrate into South Africa

With the mass exodus of skilled South Africans to other countries there are many skilled jobs available for foreigners to fill and we now have a large number of foreigners entering South Africa to fill these essential skilled positions.

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SCA’S RECENT RULING IS A GAME CHANGER FOR DIVORCED PARENTS AND MAJOR CHILDREN

Not many individuals are financially independent by the time they attain majority and turn 18 years old.

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STEERING CLEAR FROM INSIDER TRADING

Insider trading occurs when a trade is made based on the inside information. Making a trade based on rumours is not enough to constitute insider trading, however making a trade after being told by an insider that the rumours are actually true constitutes insider trading

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ONE WORD – RELATIONSHIPS DEFINED - PARTICULARITY NEEDED IN WORKPLACE POLICIES

Family responsibility leave in terms of Section 27 of the Basic Conditions of Employment Act 75 of 1997, is leave amounting to a total of 3 days in a leave cycle. To access these leave days, you must have been employed for 4 months and work at least 4 days a week for that employer.

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Emigrating – tie up your tax affairs now

With the surge of South Africans currently emigrating, tying up their financial affairs and ensuring all their taxes due to SARS (South African Revenue Services) is of utmost importance.

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