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hackers in the dark
Financial crime investigators can now subpoena digital bank records
11th December 2024 By: Darren Parker

The South African Banking Risk Information Centre (Sabric), the Directorate for Priority Crime Investigation (Hawks) and the Banking Association South Africa (Basa) have launched the Section 205... 


dude pouring beer from a tap
Deadline for public comment on alcoholic beverages taxation discussion paper extended
3rd December 2024 By: Darren Parker

National Treasury has extended the deadline for public comments on its ‘Taxation of alcoholic beverages’ discussion paper. The paper was published for public comment on November 13, alongside two... 


structural steel
Itac gets Sars to provisionally implement 52.81% duties on imported Chinese structural steel
2nd December 2024 By: Darren Parker

Pending the outcome of an investigation by the International Trade Administration Commission of South Africa (Itac) into the alleged dumping of structural steel products imported from China and... 


SAIA Auction Information Guide booklet cover
SAIA publishes auction information booklet to provide guidance to auctioneers, the public
26th November 2024 By: Darren Parker

The South African Institute of Auctioneers (SAIA) has published a comprehensive new booklet to simplify the auction process for buyers, sellers and the general public. The ‘SAIA Auction Information... 


Stefanutti Stocks sign over construction site
Stefanutti remains commercially solvent but says its future is uncertain
26th November 2024 By: Darren Parker

Multidisciplinary construction group Stefanutti Stocks says it is still commercially solvent despite its current liabilities exceeding its current assets by more than R1.2-billion and its total... 


major road interchange
Namibia has best roads in sub-Saharan Africa, with South Africa scoring on par with Rwanda, Mauritius
20th November 2024 By: Darren Parker

According to the ‘Global Competitiveness Index’ compiled by the World Economic Forum and hosted on the World Bank's Prosperity Data360 platform, Namibia ranks highest in sub-Saharan Africa for road... 


Thabi Leoka
JSE censures, bans, fines Thabi Leoka
15th November 2024 By: Darren Parker

The JSE has decided to impose a public censure on Thabi Leoka, the former independent nonexecutive director of listed companies Remgro, Netcare and Anglo American Platinum, along with a fine of... 


carbon tax graphic
National Treasury publishes Phase 2 carbon tax discussion paper for public comment
13th November 2024 By: Darren Parker

National Treasury has published a carbon tax discussion paper for public comment, outlining Phase 2 of the carbon tax. Government announced its intention to do this in the 2024 Budget presented in... 


johannesburg at night
‘No crisis looming’ as independent technical assessment set to resolve billing dispute between Eskom, City Power
11th November 2024 By: Darren Parker

Electricity and Energy Minister Dr Kgosientsho Ramakgopa has confirmed that an independent technical assessment of the R6.1-billion billing dispute between State-owned utility Eskom and the City of... 


President elect Donald Trump
Parsons concerned Trump’s victory will result in volatility, uncertainty in emerging economies
6th November 2024 By: Darren Parker

While the decisive American election mandate, which has seen Donald Trump being all but confirmed as President elect in the US, has strengthened political certainty within that country, it has... 


sugar pile
Sugar industry calls for Godongwana to honour his commitment to reassess sugar tax
28th October 2024 By: Darren Parker

In an open letter, several sugar industry associations have called on Finance Minister Enoch Godongwana to honour a commitment he made in his 2023 Budget, where he announced that consultations... 


roulette table closeup
Sun International’s proposed acquisition of Peermont should be denied, commission recommends
28th October 2024 By: Darren Parker

The Competition Commission has recommended that the Competition Tribunal prohibit JSE-listed Sun International’s proposed acquisition of Peermont Holdings. The commission said on October 28 that it... 


Mitochondria's fuel cell technology
Local supply chain challenges pose significant threat to localised manufacturing
24th October 2024 By: Darren Parker

If hydrogen technology developer Mitochondria Energy CEO Mashudu Ramano had known beforehand how difficult it would be to find local suppliers for hydrogen fuel cell and electrolyser parts, he... 


joburg
South Africa’s reindustrialisation requires collaboration between multiple sectors
4th October 2024 By: Darren Parker

To achieve reindustrialisation in South Africa, collaboration across industries is crucial, Kearney metals and mining global lead Igor Hulak said during the second day of the Joburg Indaba, in... 


Commissioner Doris Tshepe and ACA chairperson Dr Eugénia Pereira
South African, Angolan competition authorities sign MoU
4th September 2024 By: Darren Parker

The Competition Commission has signed a memorandum of understanding (MoU) with the Angola Competition Authority (ACA), establishing a general framework for bilateral communication and cooperation... 


M&R reaches debt repayment agreement with banking consortium
30th August 2024 By: Darren Parker

JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been... 


illegal mining access points
CoJ wants unified forum to address illegal mining scourge
29th August 2024 By: Darren Parker

The City of Johannesburg's (CoJ’s) Environment and Infrastructure Services Department (EISD) has called for the establishment of a unified forum to address illegal mining, emphasising the need for... 


Transnet Pipelines welcomes sentencing of fuel thief
28th August 2024 By: Sabrina Jardim

Transnet Pipelines (TPL) has welcomed the recent 35-year sentence imposed on a Zimbabwean national for tampering with essential infrastructure, the theft of fuel and being in possession of stolen... 


handcuffs
Rail infrastructure thieves receive lengthy prison sentences
22nd August 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has welcomed the conviction and sentencing of four people arrested in connection with the theft and damage of essential Transnet infrastructure that... 


Renergen CEO Stefano Marani
Renergen says 'relevant' authorities have found no corporate governance wrongdoing
15th August 2024 By: Darren Parker

ASX- and JSE-listed Renergen says it has been cleared of any wrongdoing following an investigation into allegations levelled at the company over the past few months regarding potential... 


transnet freight train
Transnet initiates investigation into Fidelity security tender award
14th August 2024 By: Darren Parker

State-owned Transnet has commissioned an investigation to determine the facts and associated circumstances with regard to recent allegations in the media casting doubt on the integrity pertaining... 


HSF appoints Patrick Hirsch as Projects, Energy, and Infrastructure partner in Johannesburg
8th August 2024 By: Schalk Burger

International law firm Herbert Smith Freehills (HSF) has appointed Patrick Hirsch as a partner in the Projects, Energy and Infrastructure (PEI) team based in its Johannesburg office. Hirsch, who... 


An image of A&O Shearman Projects counsel director Mongezi Dladla
Burgeoning renewable-energy industry presents legal considerations for stakeholders
2nd August 2024 By: Tasneem Bulbulia

With renewable-energy demand set to continue to increase in South Africa in the coming years, industry players must be cognisant of how to manage risks and disputes in projects, and will also have... 


Adams & Adams COO Stuart Boyd
Adams & Adams appoints Stuart Boyd as COO
1st August 2024 By: Schalk Burger

Law firm Adams & Adams has appointed Stuart Boyd as its new COO. He will be responsible for overseeing the firm's operational functions and ensuring it remains at the forefront of innovation and... 


scrap metal
Aggressive scrap metal policies should be based on transparent data, not conjecture, expert says
30th July 2024 By: Darren Parker

Significant alterations to existing scrap metal regulations and outright bans – albeit temporary – on the trade of certain scrap metals should not be made without access to transparent and accurate... 


National Treasury welcomes signing of Pension Funds Amendment Act into law
30th July 2024 By: Darren Parker

National Treasury has voiced its approval of the Pension Funds Amendment Act being signed into law by the President Cyril Ramaphosa last week. This signals the last part of the significant... 


trucks in a queue
Nearly three-quarters of investors unsatisfied with quality of ESG reporting
25th July 2024 By: Darren Parker

Law firm EY research has revealed that about 73% of investors say that companies largely fail to create enhanced reports encompassing environmental, social and governance (ESG) and financial... 


Legal stakeholders respond to Climate Change Bill being signed into law
25th July 2024 By: Tasneem Bulbulia

Legal stakeholders have welcomed President Cyril Ramaphosa’s signing of the Climate Change Bill into law on July 23, and have also highlighted areas of focus. The Environmental Assessment... 


Seifsa president Elias Monage
Seifsa cites problems with proposed amendments to scrap metal trading laws
24th July 2024 By: Darren Parker

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has criticised the proposed amendments to the Regulations to the Second-Hand Goods Act put forward for... 


Eskom power plant
Eskom employee, service provider face fraud charges in court
9th July 2024 By: Darren Parker

An employee of State-owned Eskom and a service provider to the utility last week appeared in the Hendrina Magistrate Court, in Mpumalanga, on charges of fraud, with each granted bail of R30 000. It... 


Webber Wentzel partner Priyesh Daya
Priyesh Daya appointed to ICC International Court of Arbitration
3rd July 2024 By: Darren Parker

Law firm Webber Wentzel partner Priyesh Daya has been appointed as a member of the International Chamber of Commerce's (ICC’s) International Court of Arbitration for a three-year term starting on... 


Frederik Potgieter and Peter Huxham
UN calls for Potgieter, Huxham’s immediate release from Equatorial Guinea prison
2nd July 2024 By: Darren Parker

The UN Working Group on Arbitrary Detention has called for the immediate release of South African engineers Frederik Potgieter and Peter Huxham, declaring in a formal opinion that the detention of... 


An image of the 2023 African Energy Week central stage
Event to highlight key African projects
28th June 2024

The upcoming African Energy Week (AEW): Invest in African Energy 2024 conference will focus on critical industry issues and investment opportunities in Africa's energy sector, including discussion... 


An illustration of the Cleanergy Pilot Plant near Walvis Bay, Namibia
Government interventions key for hydrogen development
28th June 2024

Green hydrogen is hailed as critical for a low-carbon energy future, with Africa well-positioned to be a key player in this sector. However, realising the continent’s potential requires African... 


renewable energy, wind and solar
Legislative certainty amid government shuffle crucial for continued renewable-energy investment
26th June 2024 By: Darren Parker

A clear and certain legislative framework is critical for enabling sustainability and green energy investments in South Africa going forward, especially given the changes taking place in government... 


pylons at sunset
CoJ, City Power say High Court did not consider all evidence in Eskom case
21st June 2024 By: Darren Parker

In response to a recent Johannesburg High Court order favouring State-owned utility Eskom in a payment dispute with the City of Johannesburg (CoJ) and City Power, the CoJ and City Power say the... 


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Magazine round up | 13 December 2024
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13th December 2024

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