Weekly Advocacy Alert 19 2024

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Previous Alerts

CLIMATE CHANGE

01

Business Unity South Africa (BUSA) and National Business Initiative (NBI)

Roundtable on the introduction of the United Kingdom (UK) carbon border adjustment mechanism

Summary of Intent
As reported in Advocacy Alert 14/2023, the UK government intends to introduce a CBAM from 1 January 2027 on imports of certain carbon intensive goods from the following sectors: aluminium; cement; ceramics; fertilisers; glass; hydrogen; and iron and steel. BUSA and the NBI has organised a roundtable that will be held on 20 May 2024 from 14h00 to 15h30 to offer insights and information about the UK CBAM.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

02

Presidential Climate Commission (PCC)

Webinar - Intersections of climate, biodiversity, and economics

Summary of Intent
Climate change presents a multifaceted challenge for South Africa, with significant socio-economic, financial, and environmental implications. With its diverse ecosystems and reliance on agriculture, mining, and tourism, the country is particularly vulnerable to the effects of climate variability and extreme weather events. Environmental impacts, such as biodiversity loss, habitat degradation, and ecosystem disruptions, threaten both natural resources and the livelihoods of those dependent on them. Additionally, the financial toll of climate change will place additional strain on public resources, affecting infrastructure, healthcare, and disaster response systems.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

ENERGY

03

Department of Minerals Resources and Energy

Electricity regulation amendment (ERA) bill

Summary of Intent
The National Council of Provinces approved the bill on 16 May 2024. The bill will now be sent to the President for assent. It has not yet been confirmed whether the legislation will be signed before the elections on 29 May 2024.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

04

Trade and Industrial Policy Strategies (TIPS)

Dialogue on developing the renewable energy industrial value chain

Summary of Intent
TIPS will hold a development dialogue on 30 May 2024 from 13h00 to 15h00 on the opportunities on the development of renewable energy and battery storage value chains, in line with the Renewable Energy Masterplan and the broader transition to green industrial policy. Members can register for the dialogue at: Meeting Registration - Zoom.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

OCCUPATIONAL HEALTH

05

Department of Employment and Labour

Compensation for Occupational Injuries and Diseases Act

Draft regulations

Summary of Intent
The following draft regulations were published on 10 May 2024 for 30 day public comment:Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

WATER

06

Department of Water and Sanitation

National water resources infrastructure agency bill

Summary of Intent
The National Council of Provinces approved the bill on 16 May 2024. The bill will now be sent to the President for assent.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

07

Department of Water and Sanitation

Reserve determination

Summary of Intent
The proposed determination of the reserve for water resources for the F60 and G30 catchments in the Berg-Olifants Water Management Area was published on 10 May 2024 for 60 day public comment.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

TAXATION

08

National Treasury

South African Revenue Services

Customs and Excise Act

Tariff classification

Summary of Intent
The tariff classification documents have been revised to align with the legislative changes to section 4(3D) of the Act. This assists traders to classify goods and apply for a tariff determination for locally manufactured, imported or exported goods. The effective date for implementation is 14 May 2024.05.16Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

FINAL LEGISLATION APPROVED BY THE SIXTH ADMINISTRATION

09

Parliament

Bills passed by National Assembly (NA) and National Council of Provinces (NCOP)

Summary of Intent
Several bills were passed by the NA and the NCOP on 16 May 2024 that will be submitted to the President for assent:Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

KPI PERFORMANCE INDICATORS

10

Chemical and Allied Industries’ Association (CAIA)

Key Performance Indicators (KPI) submissions for 2023 calendar year

Summary of Intent
Companies who report KPI information have been sent a link to register onto the system and to start uploading information. Should any RCMR not have received the link, please contact CAIA at support@caiasystems.co.za. The system is now open for uploading information until 31 May 2024. Please be reminded that only 11 working days remain for submission and approval of the data.
Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

ECONOMICS

11

Business Unity South Africa (BUSA)

Economic Week Ahead

Summary of Intent
BUSA provides a weekly Economic Week Ahead forecast, as well as commentary.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

12

Business Unity South Africa (BUSA)

Weekly Economic Briefing

Summary of Intent
BUSA provides a weekly Economic Briefing report that covers economic matters in South Africa, the rest of Africa as well as internationally.Your membership level does not allow you access to this content. If you feel you should have access on the below document, please log-in or Contact Us

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