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PetroSA boss fired
PetroSA boss fired

The board of the Central Energy Fund (CEF) yesterday rescinded the appointment of Tshepo Kgadima as chairman of state oil company PetroSA...

28 Nov 2014 12:30

Joemat-Peterssen faces probe calls over PetroSA
Joemat-Peterssen faces probe calls over PetroSA

Opposition parties want Energy Minister Tina Joemat-Peterssen investigated for misleading the public over her role in the appointment of PetroSA chair Tshepo Kgadima...

27 Nov 2014 09:11

Twin Peaks legislation expected to reach Parly in May
Twin Peaks legislation expected to reach Parly in May

CAPE TOWN: A draft bill aimed at reforming South Africa's financial regulatory system is expected to be tabled in May 2015, the National Treasury said on Tuesday, 25 November.

26 Nov 2014 07:32

Reportable arrangements: Proposed Replacements of existing notices
Reportable arrangements: Proposed Replacements of existing notices

Section 35(2) of the Tax Administration Act, No 28 of 2011 (TAA), currently provides that an arrangement will be reportable, among others, if it is listed as such by the Commissioner for the South African Revenue Service (SARS) by public notice, and if the commissioner is satisfied that the arrangement may lead to an undue tax benefit...

By Megan McCormack 25 Nov 2014 11:29

Public Protector backs law fraternity's call for public procurement revamp
Public Protector backs law fraternity's call for public procurement revamp

Public Protector Adv. Thuli Madonsela agrees that the challenges presented by the system and rules governing public procurement need attention...

24 Nov 2014 11:55

Avoid traps when filing an urgent application
Avoid traps when filing an urgent application

The very last result that a company wants when proceeding with an urgent application is for its application to be dismissed for lack of urgency...

By Munya Gwanzura 24 Nov 2014 06:51

PetroSA boss storms newspaper... gets ejected
PetroSA boss storms newspaper... gets ejected

Controversial PetroSA chairman Tshepo Kgadima stormed into the Times Media Group's Johannesburg offices, and ended up being removed by security...

21 Nov 2014 09:54

Special economic zones regulations being finalised
Special economic zones regulations being finalised

The Department of Trade and Industry (dti) is finalising the regulations of Special Economic Zones (SEZs), Rural Development and Land Reform Minister Gugile Nkwinti said...

21 Nov 2014 07:40

Local procurement a legal requirement: minister
Local procurement a legal requirement: minister

The procurement of local content is not just a recommendation, it is a legal requirement for state entities, says Trade and Industry Minister Rob Davies...

21 Nov 2014 07:22

Groundbreaking Intellectual Property Law text introduced by Spoor & Fisher - Lion's Wing
Groundbreaking Intellectual Property Law text introduced by Spoor & Fisher

Intellectual property experts Spoor & Fisher and the Anton Mostert Chair of Intellectual Property at Stellenbosch University have unveiled the highly anticipated new IP text book, Dean & Dyer: Introduction to Intellectual Property Law...

Issued by Lion's Wing 20 Nov 2014 13:56

Grace Belger
Avoid lawyers and be human...

There is a lesson here for Cell C (and other companies, for that matter) in the Cell C banner debacle. When you are facing a reputational crisis, the worst reaction is to be defensive; run to the lawyers and advertise...

By Grace Belger 19 Nov 2014 15:21

Popularity of SA wines heightens threat of fraud
Popularity of SA wines heightens threat of fraud

A first at this year's Nedbank Cape Winemakers Guild Auction was the application of security foil strips to each bottle of wine on auction...

By Donvay Wegierski 12 Nov 2014 11:31

COMESA merger assessment guidelines published
COMESA merger assessment guidelines published

The recently published COMESA merger assessment guidelines aim to provide clarity on when a merger needs to be notified.

12 Nov 2014 07:56

Cover pricing is collusive in nature
Cover pricing is collusive in nature

Cover pricing is a practice in terms of which a firm, in response to an invitation to tender, submits a fictitious, higher bid by agreement with its competitor to deliberately lose a tender, thereby ensuring that the competitor with whom the agreement is struck is the successful bidder.

By Natalie von Ey and Kitso Tlhabanelo 7 Nov 2014 08:04

New withholding tax on interest soon into operation
New withholding tax on interest soon into operation

With the new withholding tax on interest soon coming into operation on 1 March 2015, preparations by affected parties for the tax should be well under way.

By Graeme Palmer 7 Nov 2014 07:59

The journo who brought down Bheki
The journo who brought down Bheki

Journo's inside scoop of top cop's fall from grace: Political intrigue, a false arrest, intimidation and professional jealousy pepper the newly released memoir of one of SA's top investigative journalists...

5 Nov 2014 15:03

Competition Commission approves Grohe acquisition
Competition Commission approves Grohe acquisition

The Competition Commission recently announced its unconditional approval of Grohe Luxembourg Four SA's acquisition of joint control over South African-based Apex Valves South Africa, Cobra Watertech, Isca, Libra Bathrooms, Vaal Sanitaryware and Expiro Manufacturing (Watertech Companies).

By Nazeera Mia 4 Nov 2014 07:45

Cross-shareholdings can create an element of transparency
Cross-shareholdings can create an element of transparency

Recently the Competition Commission conditionally approved a merger involving two cement producers, Holcim Limited and Lafarge SA.

By Nazeera Mia 4 Nov 2014 07:38

Court rules in favour of M-Systems
Court rules in favour of M-Systems

Cochrane Steel had sought to interdict M-Systems for passing off because it bid on CLEARVU as a Google keyword generating adverts for its own products.

3 Nov 2014 09:44

South Africa pushing ahead with carbon tax
South Africa pushing ahead with carbon tax

South Africa's strategy to make a contribution towards greenhouse gas (GHG) emission mitigation was adopted by government in 2011 when the South African Cabinet approved the Carbon Tax Policy Paper.

By Happy Masondo 31 Oct 2014 09:51

Improvements in regulations important for growth and development
Improvements in regulations important for growth and development

Doing Business 2015: Going Beyond Efficiency, a new World Bank Group report, has revealed that in the past year, governments around the world continued to implement a broad range of reforms aimed at improving the regulatory environment for local entrepreneurs.

31 Oct 2014 06:42

Increased compliance burden for PBOs is unfortunate
Increased compliance burden for PBOs is unfortunate

In the first version of the Draft Taxation Laws Amendment Bill of 2014 that was released in July, it was proposed that public benefit organisations (PBOs) that provide assets or funding to other PBOs would have to comply with a prescribed investment regime.

By David Warneke 31 Oct 2014 06:16

Crash survivors get R22.2bn from RAF
Crash survivors get R22.2bn from RAF

The Road Accident Fund (RAF) paid a record R22.2bn to people who survived vehicle accidents in the 2013/14 financial year.

30 Oct 2014 10:20

Remaining BEPS Action Plan deliverables expected in 2015
Remaining BEPS Action Plan deliverables expected in 2015

The objective of the BEPS Action Plan is to secure government revenues by ensuring that profits are taxed in the jurisdiction where the economic activities generating such profits are performed and where value is created.

By Lisa Brunton 29 Oct 2014 07:30

The rise of the consumer
The rise of the consumer

The director-general of the Department of Trade and Industry has recently published an invitation for the public to comment on the Draft Consumer Goods and Services Sector Code of Conduct.

By Neil Kirby 23 Oct 2014 08:12

Unsafe trucks should be confiscated, impounded
Unsafe trucks should be confiscated, impounded

The police should impound trucks that are unsafe or have faulty brakes or other deficiencies instead of merely fining their drivers.

22 Oct 2014 11:45

Newmont discontinues arbitration after export restriction
Newmont discontinues arbitration after export restriction

On 30 June 2014 the International Centre for Settlement of Investment Disputes (ICSID) received a request for arbitration from Nusa Tenggara Partnership B.V. and PT Newmont Nusa Tenggara (Newmont)...

By Jackwell Feris 21 Oct 2014 07:30

Subrogation entitles insurer to certain rights
Subrogation entitles insurer to certain rights

After your insurer indemnifies you in terms of your policy of insurance, your insurer has certain rights. One of those rights is the right of subrogation, either by common law or in terms of the insurance policy.

By Jayne Cross 21 Oct 2014 07:16

State seeks to build closer ties with media
State seeks to build closer ties with media

President Jacob Zuma says government will establish a platform for members of the media and government to share ideas on a range of issues.

20 Oct 2014 08:28

Cosatu plans 'funeral march' for e-tolls
Cosatu plans 'funeral march' for e-tolls

The Congress of South African Trade Unions (Cosatu) plans to hold a symbolic "funeral march" for Gauteng's e-toll system over the weekend.

17 Oct 2014 12:04

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