South Africa: Government Policy & Public Finance

South Africa's artisanal and small-scale mining sector is undergoing significant transformation through progressive policy and legislative reforms aimed at formalisation and legitimisation. How do recent developments, including the 2022 ASM Policy and the 2025 Draft Mineral Resources Development Bill, seek to balance broader participation in mining with environmental safeguards while distinguishing lawful small-scale operations from illegal mining activities?

South Africa's recent expansion of steel tariff rebates under item 460.15 has created significant operational challenges for downstream manufacturers and importers.

South Africa's transition from JIBAR to ZARONIA introduces Credit Adjustment Spreads (CAS) to preserve loan economics, but what happens when parties negotiate their own spread instead of using the official rate? The draft finance bill empowers SARB to set mandatory CAS values, yet leaves critical tax questions unanswered for those who deviate from the prescribed methodology.