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BizTrends 2017


Download the complete BizTrends 2017 PDFs with over 100 trends contributors across 18 industry sectors.

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FSB fines Assupol for contravention of insurance act
FSB fines Assupol for contravention of insurance act

The Financial Services Board (FSB) has fined insurers Assupol R500,000 for breaches of the Long-Term Insurance Act: Policyholder Protection Rules...

21 Apr 2017

Private equity to inject billions into Africa
Private equity to inject billions into Africa

The Baker McKenzie report ‘A growth engine: Trends and outcomes of private equity in Africa' shows private equity activity in Africa will inject billions of US dollars of sustainable investment over the next five years...

20 Apr 2017

Dawn loses ‘characterisation' plea at Competition Tribunal
Dawn loses ‘characterisation' plea at Competition Tribunal

Despite Dawn Consolidated Holdings' and Sangio Pipe's argument that its conduct should not be characterised as collusive, the Competition Tribunal has found that they engaged in market division...

By Duduetsang Mogapi and Lara Granville 19 Apr 2017

Recent Constitutional Court decision on arbitration raises questions
Recent Constitutional Court decision on arbitration raises questions

The Constitutional Court recently handed down a judgment that may ultimately prove to be a significant departure from South Africa's established legal practice, at least insofar as contractual relations in the petroleum retail industry are concerned...

By Jonathan Ripley-Evans 18 Apr 2017

Boris Dzhingarov
How to protect business assets from a divorce

Over 50% of marriages will end in divorce. Statistics even go up to 60% when referring to following marriages. Divorces are really difficult to deal with but if you have a business, everything becomes even more complicated...

By Boris Dzhingarov, Issued by Monetary Library 11 Apr 2017

Updated guide offers practical do's and don'ts on competition for corporates
Updated guide offers practical do's and don'ts on competition for corporates

To better assist in providing corporates with practical insights into the theoretical underpinnings of South Africa's competition legislation, LexisNexis has released a new edition of A Practical Guide to the South African Competition Act...

Issued by LexisNexis 10 Apr 2017

Boris Dzhingarov
How to trademark your business secrets (and why you should)

As a prospective entrepreneur, should you spend the time and effort to trademark your brand? Or do you hope that nobody mimics your company and potentially confuses your consumers?...

By Boris Dzhingarov, Issued by Monetary Library 10 Apr 2017

Court refuses leave to appeal in eNatis case
Court refuses leave to appeal in eNatis case

The High Court in Pretoria has rejected a request by Tasima for leave to appeal a judgment ordering them to hand over control of eNatis...

By Karl Gernetzky 6 Apr 2017

Implats awarded $16m in constructive fraudulent transfer case
Implats awarded $16m in constructive fraudulent transfer case

Implats has been awarded $16m on a claim of constructive fraudulent transfer during insolvency by a jury in Pennsylvania, United States...

5 Apr 2017

Do you know where your meat comes from?
Do you know where your meat comes from?

The recent Brazilian meat scandal serves as a reminder to South Africa consumers that they should insist on knowing the origin and contents of the meat they purchase...

By Leana Engelbrecht 31 Mar 2017

Judge Ron McLaren, long-term insurance ombudsman
Insurance company penalised for "lackadaisical" handling of claim

A long-term insurance company has been ordered by the industry's watchdog to pay compensation for its shoddy handling of a claim...

30 Mar 2017

What does the King IV mean for compliance officers?
What does the King IV mean for compliance officers?

While King IV is a set of voluntary principles of good practices of corporate governance that holds no legal binding, its recommendations are held in high regard and are referenced by the courts in some cases...

Issued by LexisNexis 29 Mar 2017

How is automatic top level BBBEE accreditation possible?
How is automatic top level BBBEE accreditation possible?

The new BEE Codes of Good Practice came into operation a couple of years ago, replacing the existing codes and allowing more leniency for some levels of business...

By Nicolene Schoeman-Louw 29 Mar 2017

China win for Apple as court overturns iPhone ruling
China win for Apple as court overturns iPhone ruling

A Beijing court has overturned a ruling that Apple's iPhone 6 violated a Chinese manufacturer's patent which saw the US tech giant ordered to cease selling the smartphone in China...

27 Mar 2017

Source:
Coal COO resigns after insider trading fine

Coal of Africa's COO, who was fined R350,000 by the FSB for insider trading, has resigned, the company said...

24 Mar 2017

Protected Disclosures Amendment Bill allows for whistleblowing on state
Protected Disclosures Amendment Bill allows for whistleblowing on state

Whistleblowers are a key element of anti-corruption measures within the workplace, as they are most likely to witness incidences of fraud, corruption and unlawful conduct first-hand...

By Tony Canny and Krevania Pillay 22 Mar 2017

Eight people wanted for fraud, corruption
Eight people wanted for fraud, corruption

The East London Magistrate's Court has issued a warrant of arrest for eight people facing charges of fraud and corruption...

22 Mar 2017

Coal's Makhado site. Source: Coal of Africa
Coal of Africa exec fined, suspended for insider trader

Coal of Africa's COO has been fined R350,000 for insider trading by the FSB) and was subsequently suspended by the company pending an internal investigation...

20 Mar 2017

A contract is a contract, like it or not - SASSA ruling
A contract is a contract, like it or not - SASSA ruling

On Friday, 17 March 2017, the Constitutional Court delivered judgment in the case of Black Sash Trust v Minister of Social Development and Others and illustrated how far a private company's obligations may reach when acting as an organ of state and performing constitutional obligations...

By Lionel Egypt, Sarah McGibbon and Yana van Leeve 20 Mar 2017

PPP parties should learn from current SASSA/CPS saga
PPP parties should learn from current SASSA/CPS saga

The private sector, involved in current private public partnerships (PPP), needs to be aware and learn a lesson from the current SASSA/CPS saga...

By Lionel Egypt, Sarah McGibbon and Yana van Leeve 17 Mar 2017

Fledgling IP firm is Africa's 'Firm to Watch 2017'
Fledgling IP firm is Africa's 'Firm to Watch 2017'

Intellectual property magazine, Managing Intellectual Property has named Rouse Africa the winner in the “Africa - Firm to Watch 2017” category of its annual global IP awards...

16 Mar 2017

Credit life insurance regulations to come into effect in August
Credit life insurance regulations to come into effect in August

The credit life insurance industry has until August 2017 to align with the final Credit Life Insurance Regulations, the Department of Trade and Industry (dti) said on Tuesday, 14 March 2017.

15 Mar 2017

SABC-MultiChoice deal faces probe
SABC-MultiChoice deal faces probe

MultiChoice's controversial contract with the SABC is at risk of being cancelled after a parliamentary inquiry recommended the broadcaster's interim board should launch an independent investigation into the deal...

By Stephan Hofstatter 13 Mar 2017

NCR warns about pawning vehicles for loans
NCR warns about pawning vehicles for loans

The National Credit Regulator (NCR) is concerned about the rising number of consumers who pawn their motor vehicles in order to obtain loans...

10 Mar 2017

Take the proactive approach against rapid compliance changes
Take the proactive approach against rapid compliance changes

Rapid changes in the regulatory environment as a result of growing pressure from civil society are leaving organisations struggling to keep up with compliance overload...

Issued by LexisNexis 9 Mar 2017

Competition Commission places conditions on Pakco deal with Rhodes Food
Competition Commission places conditions on Pakco deal with Rhodes Food

The Competition Commission placed conditions on two food-group-related deals on Tuesday: Belgian confectioner Puratos's acquisition of half of Bidcorp's bakery...

By Robert Laing 7 Mar 2017

Samsung heir indicted for bribery, embezzlement
Samsung heir indicted for bribery, embezzlement

The heir to the Samsung empire and four other top executives were indicted Tuesday on multiple charges including bribery and embezzlement...

28 Feb 2017

Alphabet accuses Uber of stealing self-driving car technology

The race to develop self-driving vehicles took a new turn on Thursday when Google's parent company Alphabet filed a lawsuit against Uber, accusing it of stealing technology...

24 Feb 2017

New Zealand rejects Sky-Vodafone merger plan
New Zealand rejects Sky-Vodafone merger plan

New Zealand's competition watchdog rejected a multi-billion dollar merger between Vodafone NZ and pay-TV operator Sky on Thursday, saying the combined entity would have too much market power...

23 Feb 2017

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