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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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Restraint of trade agreements: Does an employer waive its restraints when dismissing an employee?

On 27 October 2025, the Labour Appeal Court (“LAC”) gave reasons for why it enforced a restraint of trade agreement on 30 July 2025, in the matter of Backsports (Pty) Limited v Motlhanke and Another (JA2025/091548) 2025 ZALAC 50 (27 October 2025).

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Thomson Wilks Attorneys expands footprint through merger with former office of Eversheds Sutherland Durban

Stephen Thomson, founder and director of Thomson Wilks, says that the merger presents many advantages for both firms. “The strong team in Durban provides the critical mass Thomson Wilks has been seeking in Durban for some time and allows us to deliver a broader, more comprehensive offering to clients in KwaZulu-Natal.”

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HPCSA’S new Ethical Rules: AI use and End-Of-Life Decisions

The Health Professions Council of South Africa (HPCSA) has issued revised ethical guidelines affecting two central areas of practice.

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Mining and Traditional Leadership in South Africa: Consultation, Consent and Project Certainty

South Africa’s mining projects turn on regulatory certainty, predictable timelines, and sustained social legitimacy.

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King V Has Arrived: A New Level of Corporate Governance in South Africa

After nine years under King IV, the South African corporate governance landscape has entered a new chapter. On 31 October 2025, the Institute of Directors in South Africa (IoDSA) and the King Committee released King V.

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South Africa’s FATF Delisting: A Global Benchmark and a Local Challenge

On 24 October 2025, South Africa officially exited the Financial Action Task Force (FATF) grey list after just under three years of intensive reform.

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