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Another SARS ruling on converting loans into equity

The South African Revenue Service (SARS) has issued a Binding Private Ruling 213 (Ruling) on the issue of 'converting' loans into share capital...

By Ben Strauss 20 Jan 2016 10:02

[BizTrends 2016] Trends in Competition Law in 2016

2016 is set to be an important year in competition law, both in South Africa and on the rest of the continent...

By Lucinda Verster 18 Jan 2016 10:44

[BizTrends 2016] Trends in the African private equity space

Private equity deals are growing in east and west Africa, with certain sectors seeing most action than others. Experienced African fund managers are in demand and it looks like it is going to be an exciting year for Private Equity in Africa. Here are some of the key trends we can expect to see in the in 2016...

By John Bellew 18 Jan 2016 08:10

Namibia changes commercial legal requirements

The Namibian Ministry of Industrialisation, Trade and SME Development has published revised merger thresholds for mandatory merger filings in Namibia...

18 Jan 2016 11:15

De Beers tackles Asian firm over use of synthetic diamond patent

De Beers has launched legal action against IIa (pronounced two-a), a Singapore firm, alleging patent infringement in the making of synthetic diamonds...

By Allan Seccombe 14 Jan 2016 06:00

Courts will have to decide how to classify hashtag marks

Can the use of a trademark as a hashtag constitute trademark use? This was one of the questions that arose in the recent case of Eksouzian v Albanese in which the California Central District Court held that hashtags are 'merely descriptive devices, not trademarks'...

11 Jan 2016 07:00

US lawsuit turns up heat on VW

The decision by the US government to sue Volkswagen over the massive pollution-cheating scandal turned up the heat on the former paragon of German industry on Tuesday, 5 January, and fuelled speculation about how much the affair will finally cost the embattled auto giant...

8 Jan 2016 07:24

BEE investors sue Abil directors

African Bank Investments Limited's (Abil's) black economic empowerment (BEE) shareholders are suing directors of the failed company, as well as auditing firm Deloitte...

5 Jan 2016 15:31

MTN confirms it will fight Nigerian fine

Africa's biggest mobile services provider MTN Group (MTN) has confirmed that it is planning to contest a R59bn fine imposed by the Nigerian Communications Commission (NCC)...

21 Dec 2015 07:34

Draft Carbon Tax Bill up for comment

The Treasury has published the Draft Carbon Tax Bill for public comment by 15 December 2015...

By Graeme Palmer 9 Dec 2015 13:14

Arbitrations and business rescue

The Companies Act states that no legal proceeding may be commenced or proceeded with in any forum against a company in business rescue, except with the written consent of the business rescue practitioner. However, the Act does not define the phrase 'legal proceeding'...

By Jonathan Witts-Hewinson and Fiorella Nor 7 Dec 2015 11:39

Changes to existing Preferential Procurement Policy

The South African government is to change tendering laws drastically in early 2016. It has released its Draft Regulations outlining changes to the existing Preferential Procurement Policy Framework Act (PPPFA)...

3 Dec 2015 10:42

Competition Commission ruling on telco deals

The Competition Commission has conditionally approved the Vodacom/Neotel deal but prohibitive conditions in the MTN/Telkom deal resulted in its cancellation...

By George Miller 2 Dec 2015 09:51

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