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Tshabalala out, at last
Tshabalala out, at last

NEWSWATCH: SABC chair Ellen Tshabalala, found guilty of misconduct and lying, has finally resigned from her position... (videos)

18 Dec 2014 06:31

Fears over SARS purge as ructions deepen
Fears over SARS purge as ructions deepen

Ructions at the South African Revenue Service (SARS) deepened as another top official resigned and disciplinary charges were instituted against two officials late last week...

17 Dec 2014 12:40

Determination of administrative penalties in settlements
Determination of administrative penalties in settlements

The Competition Tribunal is empowered to impose administrative penalties for various offences, including collusive tendering or cover pricing which is prohibited by s4(1)(b) the Competition Act, No 89 of1998...

By Natalie von Ey and Kitso Tlhabanelo 12 Dec 2014 07:01

Bowman Gilfillan assists SABMiller in $2.9bn deal
Bowman Gilfillan assists SABMiller in $2.9bn deal

In a recent article by the Financial Timesthey confirmed that deal-making in the sub-Saharan region is buoyant as most investors set aside short-term worries and bet big on the continent's growth prospects...

12 Dec 2014 06:16

Porn downer for StarSat
Porn downer for StarSat

NEWSWATCH: StarSat has lost its bid to appeal the revocation of its licence to air porn, reports Times Live...

11 Dec 2014 07:53

Billboard a springboard for more vigorous consumer activism
Billboard a springboard for more vigorous consumer activism

If you Google 'consumer activism SA' you will not find many examples, other than complaints on sites like hellopeter.com. This is not surprising, as South African consumers are notoriously complacent.

By Natascha van Vuuren 10 Dec 2014 12:58

SA marks Anti-Corruption Day
SA marks Anti-Corruption Day

South Africa has joined the international community in commemorating the 2014 International Anti-Corruption Day...

10 Dec 2014 10:08

Photographer wants R20m from GCIS for unlawful distribution of Madiba image
Photographer wants R20m from GCIS for unlawful distribution of Madiba image

NEWSWATCH: Photographer Shaun Harris is seeking R20m in compensation from the GCIS for the unauthorised use of a Nelson Mandela photo he took in 1999...

10 Dec 2014 08:39

Suspensions raise fears SARS could miss targets
Suspensions raise fears SARS could miss targets

Instability within the South African Revenue Service (SARS) has prompted fears about its ability to meet demanding revenue targets...

By Linda Ensor and Evan Pickworth 9 Dec 2014 11:29

DA: Remove Tshabalala from Transnet Board
DA: Remove Tshabalala from Transnet Board

The DA wants Ellen Tshabalala immediately from the Transnet Board...

9 Dec 2014 09:39

Automotive code of conduct promotes fair business practices
Automotive code of conduct promotes fair business practices

In October, Rob Davies prescribed the South African Automotive Industry Code of Conduct, accrediting an alternate dispute resolution scheme...

9 Dec 2014 09:02

'Too big to fail, too big to jail' sentiment must change
'Too big to fail, too big to jail' sentiment must change

There needs to be more of a deterrent for individuals committing financial crimes, says Caroline da Silva, deputy executive officer at the Financial Services Board (FSB)...

9 Dec 2014 07:42

Big win for banks against sureties in context of business rescue
Big win for banks against sureties in context of business rescue

Ever since the new business rescue regime, contained in Chapter 6 of the Companies Act, came into force in May 2011 there has been much anticipation as to how courts would treat sureties...

By Grant Ford and Yaniv Kleitman 4 Dec 2014 09:08

Baker & McKenzie expands Africa Banking & Finance practice
Baker & McKenzie expands Africa Banking & Finance practice

Global law firm Baker & McKenzie has expanded its growing Africa Banking & Finance offering with the addition of two new partners in Johannesburg...

3 Dec 2014 11:44

Mondi granted access to information used by the Commission to initiate complaint
Mondi granted access to information used by the Commission to initiate complaint

On 12 November 2014, the North Gauteng High Court issued its reasons in respect of the interlocutory application brought by Mondi Limited (Mondi) against the Competition Commission...

By Leana Engelbrecht 3 Dec 2014 10:50

Interpretation of fiscal legislation
Interpretation of fiscal legislation

The judgment of the Supreme Court of Appeal in Commissioner SARS v Bosch (394/2013) [2014] ZASCA 171 (19 November 2014) (Bosch case) dealing with the fiscal consequences of a deferred delivery transaction is not only important in the context of the meaning of simulation, but also with reference to the way in which legislation should be interpreted...

By Emil Brincker 3 Dec 2014 10:16

SA rates poorly in corruption index
SA rates poorly in corruption index

NEWSWATCH: Mail & Guardian reports that South Africa has yet again been rated poorly in the latest Transparency International Corruption Perceptions Index...

3 Dec 2014 09:47

No evidence justifying penalty
No evidence justifying penalty

Judgment was handed down in the Tax Court on 18 November 2014 in the case of AB (Pty) Ltd v The Commissioner for the South African Revenue Service (case number 1132, as yet unreported)...

By Heinrich Louw 3 Dec 2014 09:41

Relationship between Companies Act and constitutional documents
Relationship between Companies Act and constitutional documents

The Companies Act, No 71 of 2008, provided for a two-year transitional period during which existing companies could file (without charge) an amendment to its articles of association to bring it in line with the Companies Act...

By Justine Krige 3 Dec 2014 09:15

High Court delivers well-reasoned judgments on tax law
High Court delivers well-reasoned judgments on tax law

The Full Bench of the High Court of the Western Cape recently delivered two well-reasoned judgments on topics which often find their way into the tax litigation arena, namely the capital or revenue nature of the disposal proceeds of shares, and the application of the tax legislation relevant to farmers...

By Doelie Lessing and Daleen Malan 1 Dec 2014 10:24

Online censorship looming?
Online censorship looming?

NEWSWATCH: 'The Film and Publications Board has selectively released a contentious draft policy for original content distributed online in South Africa', reports Mail & Guardian...

1 Dec 2014 08:43

PetroSA boss fired
PetroSA boss fired

The board of the Central Energy Fund (CEF), on 27 November 2014, 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

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