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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 1 day ago

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 2 days ago

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 3 days ago

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

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

SARS head Tom Moyane wants MPs to look into KPMG's handling of 'rogue unit' report
SARS head Tom Moyane wants MPs to look into KPMG's handling of 'rogue unit' report

South African Revenue Service (SARS) commissioner Tom Moyane has written to the chairman of Parliament's finance committee, Yunus Carrim, to register his "dissatisfaction" with the manner in which KPMG dealt with its report on the "rogue" unit at SARS.

By Linda Ensor 2 Oct 2017

Union hopes to land 18% stake in Coca-Cola bottler
Union hopes to land 18% stake in Coca-Cola bottler

Katishi Masemola, general secretary of the Food and Allied Workers' Union, is hoping his members will bag an 18% stake in Coca-Cola Beverage South Africa (CCBSA), the largest Coca-Cola bottler in SA...

By Ann Crotty 29 Sep 2017

The #datamustfall war - Competition Commission weighs in
The #datamustfall war - Competition Commission weighs in

After a public outcry, which included a social media campaign under the hashtag #datamustfall, South Africa's competition regulators, ICASA and now the Competition Commission have announced investigations aimed at bringing the costs of data down...

By Burton Phillips 29 Sep 2017

AB InBev shares climb after Competition Tribunal conditional approval to SAB deal
AB InBev shares climb after Competition Tribunal conditional approval to SAB deal

Anheuser-Busch InBev's share price gained 2.3% to R1,620 after the Competition Tribunal conditionally approved Atlanta-based Coca-Cola's acquisition of SAB's shares in Coca Cola Beverage Africa (CCBA)...

By Robert Laing 28 Sep 2017

Auditing firm ditches Oakbay while Outa triumphs in court
Auditing firm ditches Oakbay while Outa triumphs in court

Auditing firm SizweNtsalubaGobodo (SNG) on Tuesday joined the growing list of firms ditching the Gupta family's Oakbay Resources and Energy and its related entities...

27 Sep 2017

Sell-by dates 'tempered with'
Sell-by dates 'tempered with'

Companies that tamper with sell-by labels can be criminally prosecuted and fined...

By Nico Gous 27 Sep 2017

DA to ask UK Serious Fraud Office to investigate McKinsey
DA to ask UK Serious Fraud Office to investigate McKinsey

DA leader Mmusi Maimane is to ask the UK Serious Fraud Office to investigate the allegedly corrupt dealings of global consultancy firm McKinsey in terms of the country's Bribery Act...

By Linda Ensor 26 Sep 2017

Legal protection for whistle blowers
Legal protection for whistle blowers

The levels of corporate wrong doing being uncovered at the moment highlights the need for employees to stand up and blow the whistle...

By Johan Botes 22 Sep 2017

Western Cape takes a sober look at ways to curb drinking
Western Cape takes a sober look at ways to curb drinking

It's going to be much harder to buy a beer in Cape Town if the Western Cape government has its way...

By Katharine Child 21 Sep 2017

How business rescue affects employer and employee
How business rescue affects employer and employee

Business rescue has gained momentum as an alternative to liquidation since its introduction in 2011 through section 6 of The Companies Act...

19 Sep 2017

Admission of debt extends prescriptive period
Admission of debt extends prescriptive period

A recent ruling in Western Cape High Court is creating new opportunities to extend the time creditors have to claim money that is owed to them by debtors...

14 Sep 2017

Opacity over construction pact is risky
Opacity over construction pact is risky

There has been no full public disclosure by the Department of Economic Development and seven JSE-listed construction and engineering groups over their signing of a voluntary transformation agreement...

By Mark Allix 13 Sep 2017

Insights into IFRS and insurance companies
Insights into IFRS and insurance companies

Insurance companies are required to comply with the applicable financial reporting standards...

By Denise Durand and Charl Williams 11 Sep 2017

Shoprite found guilty of reckless lending
Shoprite found guilty of reckless lending

The National Consumer Tribunal has handed down judgement that finds Shoprite guilty of reckless lending...

6 Sep 2017

Consumer tribunal dismisses credit watchdog's case against Finbond
Consumer tribunal dismisses credit watchdog's case against Finbond

The National Consumer Tribunal has dismissed the NCR's claims of excessive overcharging against Finbond Mutual Bank...

By Moyagabo Maake 5 Sep 2017

Bell Pottinger findings: ethics breached but 'white monopoly capital' not its creation
Bell Pottinger findings: ethics breached but 'white monopoly capital' not its creation

UK PR Firm Bell Pottinger's account team working for the Gupta-owned Oakbay was primarily responsible for devising the strategy behind the economic emancipation campaign, known in SA as the "white monopoly capital" campaign...

By Genevieve Quintal 4 Sep 2017

Bitcoin Scaling Agreement highlights growing considerations permeating decentralised systems
Bitcoin Scaling Agreement highlights growing considerations permeating decentralised systems

A crash course in the basics of democracy, economic majority theory and self-determination, the Bitcoin Scaling Agreement, which set in motion the Bitcoin Fork of 1 August 2017, highlights the growing political and economic considerations that permeate the decentralised system...

By Seshree Govender 29 Aug 2017

Parliament wants independent probe of Vodacom billing glitch
Parliament wants independent probe of Vodacom billing glitch

Parliament has weighed in on the Vodacom billing debacle, calling for the matter to be investigated by an independent body...

By Bekezela Phakathi 28 Aug 2017

The second ‘Scramble for Africa' reveals need for IP rights protection
The second ‘Scramble for Africa' reveals need for IP rights protection

For the second time in history, the African continent has become a focal point for global expansion and brand protection is critical...

By Carla Collett 25 Aug 2017

MacDonald Netshitenzhe, acting deputy director general for consumer and corporate regulations, Department of Trade and Industry
New Companies Act streamlines ways of doing business

Proposed amendments to the Companies Act of 2008 are aimed at aligning problem areas and enhancing interpretation of its provisions...

25 Aug 2017

The millennial factor in corporate governance
The millennial factor in corporate governance

When it comes to good corporate governance, “the power is no longer in the boardroom. It is in the smartphone.” This was the key takeaway from a recent compliance business breakfast, hosted by LexisNexis South Africa...

Issued by LexisNexis 18 Aug 2017

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