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Cecil Kilpin | June 2020 Newsletter

By |2022-01-20T12:18:58+02:00Jun 29th, 2020|Business, Finance + Economics, Goverment, Newsletter, Tax|

The Protection of Personal Information Act 4 of 2013 (POPI) On the 17th of June, President Ramaphosa signed the final enabling legislation to finally give effect to POPI with effect from 1st July 2020. Although it comes into full force, businesses have until the end of June 2021 to comply with the ACT.     The key aims of the POPI ACT is as follows: To promote the protection of personal information processed by public and private bodies; To introduce certain conditions so as to establish minimum requirements for the processing of personal information; To provide for the establishment of an Information Regulator to exercise certain powers and to perform certain duties and functions in terms of this Act and the Promotion of Access to Information Act, 2000; To provide for the issuing of [...]

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Cecil Kilpin | December 2019 Newsletter

By |2022-01-20T13:29:06+02:00Dec 18th, 2019|Business, Finance + Economics, Goverment, Newsletter, Tax|

Annual Inflation Continues to Fall A recent report from STATSA states that annual inflation eased further in November, falling to 3,6% from October’s 3,7%. This is the third successive month of disinflation, which means that the pace of price increases is slowing down. November’s reading is the lowest since December 2010 when the rate was 3,5%. The highest rate recorded since December 2010 was 7,0% in February 2016. Since the end of 2016 inflation has been on a downward trend and has remained firmly within the South African Reserve Bank’s 3%–6% monetary policy range since April 2017.   Housing and utilities, miscellaneous goods and services, and food and non-alcoholic beverages were the biggest contributors to the 3,6% increase in November 2019. Food and non-alcoholic beverages’ [...]

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