Weekly Advocacy Alert 31 2023

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TAXATION/CLIMATE CHANGE

01

National Treasury

Draft Taxation Laws Amendment Bill (TLAB)

Summary of Intent
On an annual basis, the National Treasury releases the following Bills to bring amendments into law as a result of policy considerations, and announcements by the Minister of Finance following the Budget Review: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

National Treasury

Draft Tax Administration Laws Amendment Bill (TALAB)

Summary of Intent
The 2023 draft TALAB contains the legislative amendments dealing with tax administration announced in Chapter 4 and Annexure C of the 2023 Budget Review that also require greater consultation with affected stakeholders and the public.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 Mineral Resources and Energy (DMRE)

Department of Science and Innovation

Department of Trade, Industry and Competition

Draft South African Renewable Energy Master Plan

Summary of Intent
Information on the draft Plan was reported in the 29/2023 Weekly Alert. The DMRE has now extended the deadline for submission for comments to 18 August 2023.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

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

H2.SA programme

Summary of Intent
GIZ is funding a project that will analyse the value chain for green hydrogen and investigate the most feasible applications in South Africa for a domestic and export market. The project aims to provide stakeholders and project developers with essential information on the green hydrogen market potential and business opportunities for investment decision-making. 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

05

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

National Water Resource Infrastructure Agency Bill

Summary of Intent
As reported in Alert 50/2022, the Bill was presented to the National Economic Development and Labour Council’s Development Chamber, in December 2022. Public consultation on the draft Bill has been concluded and will now be introduced into Parliament.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

06

National Economic Development and Labour Council (Nedlac)

Water shortages and related issues dialogue session

Summary of Intent
A dialogue session was held on 2 August 2023 to discuss water-related challenges facing the country and to provide proposals to address the identified challenges. CAIA participated in this session. These include water shortages, water treatment, water distribution and water infrastructure maintenance. At the session it was agreed that a workstream will be established that will meet monthly at Nedlac to engage on issues pertaining to water shortages and sanitation services.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

BIODIVERSITY

07

United Nations Development Programme

Nature Financial Disclosure Readiness: Policy and Institutional Review Report

Summary of Intent
In support of the narrative around the materiality of nature-related risks and impacts globally, the Taskforce on Nature-related Financial Disclosures (TNFD) has been launched to support a shift towards nature-positive business practices and outcomes. The aim is to provide a practical guideline that can be applied broadly in a variety of sectors and business activities.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

08

National Biodiversity and Business Network (NBBN)

Endangered Wildlife Trust

2021 Biodiversity Performance Rating of South African Companies

Summary of Intent
The NBBN launched the Biological Diversity Protocol in March 2021. The Protocol addresses the challenges regarding biodiversity impact measurement and how business can consolidate the data across sites and value chains. It allows all companies to establish a baseline dataset for determining their impact on biodiversity and identify areas of improvement over the years.
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SUSTAINABILITY

09

European Commission

European Sustainability
Reporting Standards

Summary of Intent
On 31 July 2023, the Commission adopted the European Sustainability Reporting Standards. The Standards cover the full range of environmental, social, and governance issues, including climate change, biodiversity and human rights. The aim is to provide information for investors to understand the sustainability impact of the companies in which they invest.
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10

Environmental, Social, Governance (ESG) Africa Conference

Conference information

Summary of Intent
A Conference will be held in Sandton, Gauteng from 4 to 6 October 2023 to provide a platform for industry pioneers and experts to come together and tackle the common challenges associated with embedding ESG practices within organisations. The core theme of the Conference is “Sustainable Future Through Leadership,” that underscores the essential role that leaders play in ensuring their organisations align with ESG principles and integrate them into their overall strategy.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

FINANCE

11

United Nations Framework Convention on Climate Change (UNFCCC)

Technical meetings on finance

Summary of Intent
The UNFCCC has scheduled three meetings for the Business and Industry Constituency to engage in person or virtually. The meetings are: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

MAJOR HAZARD INSTALLATION

12

Department of Employment and Labour

Occupational Health and Safety Act

Major Hazard Installation (MHI) regulations roadshows

Summary of Intent
The amended Regulations were published on 31 January 2023. The new Regulations cover aspects such as: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

13

Department of Minerals and Energy

National Energy Regulator Act

South African Photovoltaic Industry Association assessment on registered private capacity

Summary of Intent
SAPVIA has analysed the latest information from NERSA on the registered private capacity which is measured at 5138 MW and the technology breakdown of the generation facilities.
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14

Department of Minerals and Energy

National Energy Act

Amendment to regulations

Summary of Intent
Regulations for the mandatory display and submission of energy performance certificates for buildings have been amended. Amendments to the Regulations include: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

15

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

16

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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