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#AfricaMonth

Twin Peaks: Breaking down the siloes

In South Africa, each institution is required to comply with its own industry-specific legislation, but that is changing with the implementation of Twin Peaks legislation...

1 day ago

#AfricaMonth: Beware - Africa's brand growth comes with counterfeiting challenges

Africa is an ideal market for brand holders and counterfeiters as growth in brand investment creates demand...

By Vanessa Ferguson 1 day ago

Overlap in treatment of dividend

Section 1 of the Income Tax Act (ITA) defines a "dividend" to be any amount transferred by a resident company for the benefit of any person in respect of any share in that company whether by way of a distribution or consideration for a share repurchase but does not exclude a reduction of contributed tax capital of the company...

By Joon Chong, Issued by Webber Wentzel 1 day ago

Sars clarifies customs requirements

The South African Revenue Service (Sars) has clarified the confusion surrounding customs requirements for traveller's returning to South Africa with personal valuables...

1 day ago

Revised law to ensure old sex crimes don't go unpunished

Cabinet has approved the amendment of the Criminal Procedure Act to allow the National Prosecuting Authority (NPA) to institute charges in sexual offence cases, even after 20 years of the crime having taken place...

2 days ago

Parliamentary push to give the auditor-general more bite

A parliamentary committee that is tasked with overseeing the Office of the Auditor-General has approved an amendment to legislation that will give the AG's office more teeth...

2 days ago

The importance of Permanent Residency to your expatriate / HR strategy

The work permit process can be time-consuming and even painful, depending on your permit categorisation. One question often asked is whether an expatriate should consider a Permanent Residency application sooner, effectively lifting the expatriate's status above the noise of normal work permit requirements...

By Marisa Jacobs 2 days ago

Five arrested for cash services theft

National Police Commissioner, General Khehla Sitole, has welcomed the arrest of five suspects accused of stealing an estimated R4 million from companies rendering cash related services...

2 days ago

Where will GDPR and PoPIA leave digital marketing?

GDPR and PoPIA are set to dramatically change the way South African organisations do business - especially how personal data is handled and stored...

By Elizabeth de Stadler 3 days ago

Should good performance be rewarded despite bad behaviour?

The Labour Court in Solidarity obo Oelofse v Armscor and Others was tasked with reviewing a decision that the non-payment of a performance bonus was not an unfair labour practice, even though the employee exceeded the qualifying rating...

By Lauren Salt and Thandoluhe Dladla 3 days ago

Comments sought for iKamva National e-Skills Institute Bill

Interested organisations and members of the public have been called to submit written comments on the Ikamva National e-Skills Institute (iNeSI) Bill, which seeks to address the shortage of e-skills in the country...

3 days ago

Henri van Breda found guilty

Henri van Breda has been found guilty of murdering his parents and brother in their Stellenbosch home...

By Shan Radcliffe 22 May 2018

International paymaster and escrow services offered by Europlaw Group

Europlaw Group is now in position of offering both paymaster and escrow services to their international clients with the international banking platform provided by the ISCC Group of Companies...

Issued by Europlaw 22 May 2018

Presidency to abide by court ruling on Zuma's legal costs

The Presidency says it has filed a notice to abide by the court's decision on the provision by the state of legal assistance to former president Jacob Zuma...

22 May 2018

New presiding officer appointed for Moyane's disciplinary inquiry

President Cyril Ramaphosa has appointed Azhar Bham SC as a new presiding officer for the inquiry into disciplinary charges against suspended South African Revenue Service (Sars) Commissioner Tom Moyane...

22 May 2018

Creating business communities for African unity

The run-up to the 55th Africa Day, celebrated annually on 25 May in parts of Africa and around the world in commemoration of the foundation of the Organisation of African Unity (OAU) (now the African Union), is an ideal time to reflect on the opportunities presented by a new collective zeitgeist happening in Africa...

Issued by Bizcommunity.com 21 May 2018

Explainer: who will be doing what under South Africa's new 'Twin Peaks' model

South Africa has started implementing a new regulatory regime for the financial sector. Known as Twin Peaks, the approach was first adopted in Australia in 1998...

By Andrew Schmulow 21 May 2018

Act could redress medical scheme sustainability issues

Health Minister Aaron Motsoaledi has hinted at a number of reforms that directly address challenges of sustainability that the medical schemes industry is currently facing...

21 May 2018

TAG calls for public support for Tobacco Bill

In the run-up to World No Tobacco Day, South Africans are being encouraged to support the proposed Control of Tobacco Products and Electronic Delivery Systems Bill...

21 May 2018

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