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Solidarity starts legal proceedings over Cuban engineers
26th April 2021 By: Tasneem Bulbulia

South Africa trade union Solidarity has started a legal process against  Human Settlements, Water and Sanitation Minister Lindiwe Sisulu regarding the appointment of Cuban engineers to help... 


Fasken appoints South African office chairperson
30th March 2021 By: Tasneem Bulbulia

Business law firm Fasken has appointed Lara Bezuidenhoudt as chairperson of the firm in South Africa, a role that provides overall leadership to the partners in the South African region, including... 


Labour Court dismisses SAAPA's application for leave to appeal lawfulness of pilots lockout
4th March 2021 By: Donna Slater

Labour Court judge Andre van Niekerk on March 3 dismissed the South African Airways Pilot’s Association’s (SAAPA’s) application for leave to appeal the Labour Court’s December 2020 judgment, with a... 


Organisation bemoans Treasury’s decision to cancel S12J investments
25th February 2021 By: Tasneem Bulbulia

The 12J Association of South Africa has expressed disappointment at the decision by the National Treasury not to extend Section 12 J of the Income Tax Act beyond June 30. Association chairperson... 


Alcohol, tobacco industries bemoan excise tax increase
25th February 2021 By: Tasneem Bulbulia

The South African alcohol industry, including the National Liquor Traders Council (NLTC), South African Liquor Brandowners Association (Salba), Vinpro, the Consumer Goods Council of South Africa... 


DMRE says emergency-power deviation notice will not trigger legal challenge
DMRE says emergency-power deviation notice will not trigger legal challenge
18th February 2021

On February 12, Trade, Industry and Competition Minister Ebrahim Patel published a Gazette notice granting the Department of Mineral Resources and Energy (DMRE) permission to deviate from the... 


M&A activity drops in 2020 with late recovery
3rd February 2021 By: Donna Slater

Law firm Baker McKenzie reports that deal-making activity in sub-Saharan Africa dropped in the second half of 2020, when compared to the second half of 2019.  Deal-making for the full year were... 


Vaccine roll-out requires nuanced approach from employers
28th January 2021 By: Tasneem Bulbulia

With South Africa set to receive its first Covid-19 vaccine doses next week, the issue around companies' vaccine policies and employers’ role in vaccine rollout is very complex. Many different... 


SELLING LIKE HOT BRAKES
Counterfeit automotive parts poses a number of risks, including safety risks as well as having a negative impact on the economy
Lockdown has heightened risk of counterfeit components
22nd January 2021 By: Cameron Mackay

The national lockdown last year has significantly impacted on the circulation of original, as well as counterfeit, automotive components, says law firm Spoor & Fisher partner Paul Ramara. This can... 


BMO, Linklaters among the world's top mining M&A advisers
14th January 2021 By: Marleny Arnoldi

BMO Capital Markets has been named the top mergers and acquisitions (M&A) financial adviser in the global mining sector for 2020 by value, while Linklaters and Black Cassels & Graydon were the top... 


M&A challenges remain, but so do lessons – law firm
M&A challenges remain, but so do lessons – law firm
12th January 2021 By: Marleny Arnoldi

Global law firm Herbert Smith Freehills (HSF) says many of last year’s uncertainties that impacted merger and acquisition (M&A) activity will remain this year. HSF global M&A head Gavin Davies... 


FSCA publishes crypto asset draft declaration
7th January 2021 By: Donna Slater

The Financial Sector Conduct Authority (FSCA) has published for comment a draft declaration on crypto assets as a financial product in terms of the Financial Advisory and Intermediary Services Act... 


Competition Commission publishes final automotive aftermarket guidelines
11th December 2020 By: Donna Slater

The Competition Commission has issued its final Guidelines for Competition in the South African Automotive Aftermarket, which are now available on the commission’s website and which will take... 


Payment of compensation to Ford Kuga owners finalised
26th November 2020 By: Tasneem Bulbulia

The National Consumer Commission (NCC) says the payment of compensation under a  settlement agreement entered into between the NCC and Ford Motor Company South Africa, which was made an order by... 


SONGEZO BOOI 
After almost 12 years, the home-building industry is still struggling to reach its former peak
Economy to affect home builders more
13th November 2020 By: Mamaili Mamaila

The effects of Covid-19 and the sluggish economy remain the biggest challenge for the civil engineering and construction sectors. 


Tungsten launches Quantura alternative litigation funding model in South Africa
5th November 2020 By: Tasneem Bulbulia

Global engineering and construction claims consultancy Tungsten Capital has launched its Quantura subsidiary in South Africa, through which it will provide an alternative method of funding and... 


GET IT TOGETHER 
While there is so much potential in Africa, political certainty is required in conjunction with more streamlined procurement processes
Private-sector investment key amid challenges
30th October 2020 By: Mamaili Mamaila

From an economic perspective, the Covid-19 pandemic has not affected countries in Africa, apart from South Africa, as much as countries on other continents.  


Mazars reengineers itself to meet changing market demands
27th October 2020 By: Donna Slater

Tax, audit and advisory firm Mazars has unveiled its new global brand identity in more than 90 countries and territories including South Africa, marking a key milestone in the firm’s evolution.... 


FINANCIAL FILTER
The DBSA looks to offer a proactive infrastructure and financial based water reuse sub-programme as part of its national water programme
Proactive national water programme on the cards
16th October 2020 By: Halima Frost

The Development Bank of Southern Africa (DBSA), in partnership with various government departments, is addressing the country’s water woes with the development of a proactive national water... 


SACU Ministers commit to industrialisation
22nd September 2020 By: Tasneem Bulbulia

Finance Minister Tito Mboweni chaired the fourth joint Finance and Trade Ministers’ virtual Ministerial Retreat meeting on September 21. The participating Ministers agreed on refined development... 


GLOBAL SIGHTS SET 
Similar to the local automotive industry that is manufacturing for European countries, so must there be opportunities to manufacture aircraft under licence for foreign companies
Industry’s wings seemingly clipped
11th September 2020 By: Mamaili Mamaila

South Africa’s economy is hanging by a thread and this has presented massive challenges for the local aerospace industry, says aircraft design organisation Aerodesigns Africa director Murray... 


Competition Tribunal dismisses case against I&J
7th September 2020 By: Tasneem Bulbulia

The Competition Tribunal has dismissed a case of alleged cartel conduct against processed frozen foods company Irvin & Johnson (I&J) owing to a lack of evidence. The Competition Commission had... 


M&As, JV activity continues, despite Covid-19 restrictions
2nd September 2020 By: Simone Liedtke

Mergers and acquisitions (M&As) and joint ventures (JVs) are expected to continue over the next 12 months, but some changes to usual due diligence process might be needed. In a Mines and... 


Civil society organisations urge leaders to tackle corruption
1st September 2020 By: Donna Slater

In an open letter addressed to President Cyril Ramaphosa and Finance Minister Tito Mboweni, Corruption Watch executive director David Lewis and Public Affairs Research Institute executive director... 


ICA notes slow progress in Business Interruption claims process ahead of court case
26th August 2020 By: Tasneem Bulbulia

There has been slow progress on the Covid-19 Business Interruption claims process ahead of the September 1 court case, specialist loss adjustment firm Insurance Claims Africa (ICA) noted during a... 


JAMES TRUDEAU
It is “very critical” that Eskom increases its energy storage capacities to support a more diversified energy portfolio
Noncarbon future epitomises ideal energy mix
21st August 2020 By: Mamaili Mamaila

In about 2060, the ideal energy mix would be one with only non-carbon sources, such as wind, solar, pumped hydro and hydrogen, says global energy advisory UL. 


Parliament hears recommendations on amending copyright, performers protection Bills
19th August 2020 By: Donna Slater

In seeking to amend the Copyright Act of 1978 and the Performers’ Protection Act of 1967, Parliament, on August 18, began the process of considering certain Constitutional concerns relating to the... 


Eskom, SIU issue summonses to recover State capture funds
3rd August 2020 By: Donna Slater

State-owned power utility Eskom and the Special Investigating Unit (SIU) on August 3 issued summonses in the North Gauteng High Court to recover funds from former Eskom executives, board members... 


CMS South Africa partner and tax co-head Andrew Wellsted
Section 12J amendments muddying investment waters, says law firm
17th July 2020 By: Donna Slater

Ongoing amendments to the Section 12J Income Tax Act have left investors at risk as to whether the companies in which they have either invested, or hope to invest, continue to qualify, law firm CMS... 


Court ruling goes against insurers on Covid-19 claims, but they remain stubborn
17th July 2020 By: Rebecca Campbell

The Western Cape High Court recently ordered insurance company Guardrisk to pay the business interruption claims of Cape restaurant Cafe Chameleon. The ruling was welcomed by specialist public loss... 


Tribunal fines Dis-Chem R1.2m for excessive pricing of face masks
7th July 2020 By: Tasneem Bulbulia

The Competition Tribunal has ordered pharmacy group Dis-Chem Pharmacies to pay an administrative penalty of R1.2-million for allegedly charging excessive prices for surgical face masks during the... 


CoJ council has until Friday to approve budget
CoJ council has until Friday to approve budget
6th July 2020 By: Sane Dhlamini

Gauteng Cooperative Governance MEC Lebogang Maile has urged  the City of Johannesburg Municipal Council to put the interest of the residents of the City first following its failure to approve an... 


Tribunal confirms two more consent agreements for excessive pricing
3rd July 2020 By: Tasneem Bulbulia

The Competition Tribunal has confirmed two further consent agreements relating to Covid-19 excessive pricing complaints. This brings the total number of consent agreements, confirmed as orders of... 


Ryan Woolley
Insurers’ rejection of Covid-19 claims severely impacting tourism, hospitality sectors
1st July 2020 By: Tasneem Bulbulia

The South African tourism and hospitality sector has been “decimated” by the Covid-19 pandemic and subsequent lockdown, and jobs and businesses are at risk owing to insurance companies continuing... 


Time has come for all stakeholders to uplift South Africa’s youth, says PwC
10th June 2020 By: Donna Slater

South Africa’s lockdown restrictions are easing in the wake of the Covid-19 pandemic, but its impact on the economy will be long-lasting and challenging, and it remains an important time for... 


PRASA dismisses four senior officials over procurement irregularities
8th June 2020 By: Donna Slater

Following allegations of impropriety in the awarding of security-related tenders, and a disciplinary inquiry, the Passenger Rail Agency of South Africa (PRASA) has dismissed four senior officials... 


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Magazine round up | 13 December 2024
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