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Ex-VW exec sentenced to 7 years for 'dieselgate'
Ex-VW exec sentenced to 7 years for 'dieselgate'

A US court on Wednesday sentenced former Volkswagen executive Oliver Schmidt to seven years in prison for his role in the German automaker's "dieselgate" emissions cheating scandal...

By Douglas Gillison 3 days ago

US lawyers investigate MultiChoice payments
US lawyers investigate MultiChoice payments

Naspers's hopes of a speedy resolution to the high-profile controversy around payments its 80% subsidiary MultiChoice made to SABC and ANN7 were dealt a hefty blow on Tuesday, 5 Decemeber 2017, when a US law firm, specialising in class actions, announced it was investigating the company...

By Ann Crotty 6 Dec 2017

How a cleverly prepared contract can save millions
How a cleverly prepared contract can save millions

The recent matter of The Commissioner for SARS v Reunert Ltd highlights the importance of possessing an intimate understanding of contractual principles when drafting an agreement...

By Christopher Renwick 6 Dec 2017

Court wants details on mooted grant payment methods
Court wants details on mooted grant payment methods

The Constitutional Court wants Social Development Minister Bathabile Dlamini and the South African Social Security Agency (SASSA) to give reasons - if any - the alternative grant payment systems described in the Auditor General's report are not feasible...

30 Nov 2017

Image via SA Airlink Facebook
SA Airlink, Safair to apply for merger approval

Independent airline companies SA Airlink and Safair are planning a merger in which Airlink will acquire Safair...

28 Nov 2017

Outa guns for MultiChoice
Outa guns for MultiChoice

MultiChoice is under pressure to "come clean" about its contracts with Gupta-owned television news channel ANN7...

28 Nov 2017

Top court to rule on review of SABC deal
Top court to rule on review of SABC deal

The details of the multimillion-rand broadcasting deal between the SABC and MultiChoice may never be made public if the two companies get their way in the Constitutional Court...

By Theto Mahlakoana 24 Nov 2017

Morocco regulator bans bitcoin payments
Morocco regulator bans bitcoin payments

Morocco's currency regulator has announced a ban on transactions in bitcoin and other virtual currencies, in a country where foreign exchange flows are tightly controlled...

22 Nov 2017

MTN looks to cut 'excessive' licence fee in Benin
MTN looks to cut 'excessive' licence fee in Benin

South African mobile phone giant MTN is in talks with Benin's telecoms regulator after its subsidiary was slapped with a bill of more than $200m...

22 Nov 2017

Can contract terms still be upheld despite invalid agreement?
Can contract terms still be upheld despite invalid agreement?

The Constitutional Court has handed down judgment in the State Information Technology Agency vs Gijima Holdings case...

By Sonia de Vries and Terrick McCallum 20 Nov 2017

'Suspicious' SARS deposits not probed
'Suspicious' SARS deposits not probed

As South African Revenue Service (SARS) commissioner Tom Moyane braces for an inquiry into the administration of the tax agency, further damaging revelations emerged on the investigation into its second-in-charge, Jonas Makwakwa...

By Natasha Marrian 10 Nov 2017

Dealing with a personal injury at your business
Dealing with a personal injury at your business

When someone becomes hurt at your place of business, things can turn serious fast...

By Boris Dzhingarov, Issued by Monetary Library 9 Nov 2017

Consumer rights trump retail policies
Consumer rights trump retail policies

Those little presticked notices of 'if you break this, consider it sold' or the 'seven-day return policy' that you are so kindly informed of when you return the toy that broke on day one, have no basis...

8 Nov 2017

Choppies wraps up purchase in KZN
Choppies wraps up purchase in KZN

Botswana-based retailer Choppies has completed the acquisition of KwaZulu-Natal's Arizona Wholesalers and Butcheries, adding to its 71-strong retail footprint in SA.

6 Nov 2017

Moyane may have to explain at KPMG probe
Moyane may have to explain at KPMG probe

The South African Institute of Chartered Accountants (Saica) has put together a panel with inquisitorial powers to investigate KPMG employees...

By Natasha Marrian 3 Nov 2017

MTN wants lawsuit dropped
MTN wants lawsuit dropped

MTN Group, facing the prospect of a damages claim from rival Turkcell more than four times the size of the 1bn (R14.4bn) settlement it reached last year with Nigerian authorities, is hoping the case will be thrown out by the High Court in Johannesburg on its merits before it is even heard...

1 Nov 2017

Clampdown on illegal liquor trade in Northern Cape
Clampdown on illegal liquor trade in Northern Cape

Ten illegal liquor outlets that were found to be operating without licences were shut down during a blitz inspection operation that took place in Kuruman and surrounding areas...

31 Oct 2017

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New iPhone brings face recognition (and fears) to the masses

Apple will let you unlock the iPhone X with your face - a move likely to bring facial recognition to the masses, along with concerns over how the technology may be used for nefarious purposes...

30 Oct 2017

Scaw Metals dismisses US claims about steel dumping
Scaw Metals dismisses US claims about steel dumping

South African steel producer Scaw Metals has dismissed an "affirmative preliminary determination" by the US department of commerce...

By Mark Allix 27 Oct 2017

Corporates need to step up to fight corruption
Corporates need to step up to fight corruption

At a recent seminar hosted by Webber Wentzel and Linklaters, corporate South Africa was urged to take the lead in fighting corruption and maladministration...

23 Oct 2017

SA no longer puts up with shoddy products
SA no longer puts up with shoddy products

Exploding electronic game boxes, melting cellphones, ill-fitting paint-stripper bottle lids, lethal kitchen appliances and faulty cars...

By Graeme Hosken 20 Oct 2017

What are the legal implications of your company's social media use?
What are the legal implications of your company's social media use?

A new book, Social Media in the Workplace, published by LexisNexis South Africa, offers a much-needed guide to the legal and reputational risks inherent in social media use...

Issued by LexisNexis 19 Oct 2017

Discovery gets bank licence
Discovery gets bank licence

Discovery Bank has become the second new bank to obtain a licence from SA's banking regulators as the market is opened to new competitors for the first time in almost two decades...

By Hilary Joffe 17 Oct 2017

McKinsey looks to court over refund
McKinsey looks to court over refund

Consultancy firm McKinsey has made a major concession: it is prepared to "pay back the money" Eskom is claiming from it "in full"...

By Sikonathi Mantshantsha 11 Oct 2017

Have your say on amendments to Insurance Bill
Have your say on amendments to Insurance Bill

National Treasury and the Financial Services Board (FSB) is calling for public comments on the Schedules 1 and 3 of the Insurance Bill...

11 Oct 2017

KPMG told to hand over tax agency's probe memo
KPMG told to hand over tax agency's probe memo

KPMG has been ordered to provide the memo for the original briefing it got from the South African Revenue Service (SARS) outlining the scope of the audit firm's mandate to investigate issues such as the existence of a "rogue unit" at the tax agency...

6 Oct 2017

EU pauses inquiry into Bayer-Monsanto takeover
EU pauses inquiry into Bayer-Monsanto takeover

The EU said Thursday it had "stopped the clock" on its probe into German chemical firm Bayer's proposed mega-takeover of US agri-giant Monsanto while it waits for the companies to provide information...

6 Oct 2017

Minister of public enterprises, Lynne Brown. Photo: SA Breaking News
Eskom says pay back the money

Eskom has asked McKinsey and Trillian Capital to pay back the money it says was unlawfully paid to them...

6 Oct 2017

Competition Commission drops investigation into Aspen's alleged excessive pricing
Competition Commission drops investigation into Aspen's alleged excessive pricing

The Competition Commission has dropped its investigation into local company Aspen for allegedly charging excessive prices...

By Katharine Child 5 Oct 2017

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