EMPLOYMENT AND LABOUR

• President Cyril Ramaphosa has confirmed that the social employment fund is now open for project proposals. It will be managed by the Independent Development Corporation, which has published the fund’s:
  • terms of reference, and
  • an information brochure.

 

COMMUNICATIONS

• The Independent Communications Authority of South Africa (ICASA) has:
  • temporarily suspended the wireless open access network licensing timetable published last month, and
  • postponed the release of its consultation document on the process envisaged.
• ICASA has also gazetted:
  • a second information memorandum on the licensing process for international mobile telecommunications spectrum, with
  • a reasons document.

 

ENVIRONMENTAL

• The Department of Forestry, Fisheries and the Environment has suspended for 12 months regulations domesticating the 1998 UN Rotterdam Convention on international trade in hazardous chemicals and pesticides.

 

JUSTICE

• The Legal Practice Council has amended its rules on:
  • enrolment conversion, and
  • Fidelity Fund certificate applications.

 

FINANCE

• The Independent Regulatory Board for Auditors has called for public comments on draft replacement disciplinary rules.
• The Financial Sector Conduct Authority has withdrawn a draft standard on pension fund investments in hedge funds, which was released in October 2020 for public comment.

 

Prepared by Pam Saxby