[Graeme Palmer] The South African Revenue Services (SARS) may raise understatement penalties if prejudice has been caused to them or the fiscus. Penalties can be imposed at 25% or 50% in the case of a "substantial understatement".
16 May 2013 11:37
[Heinrich Louw] The National Treasury (Treasury) and the South African Revenue Service (SARS) recently released certain proposed limitations on excessive interest deductions for public comment.
10 May 2013 11:40
[Dylan Bradford] Joint owners of a piece or pieces of land may want, or need, to redistribute the land among themselves and so become individual owners of a defined portion of that land (or of a sectional title unit) in their own names. This can be done in terms of Section 26 of the Deeds Registries Act and a partition agreement.
8 May 2013 10:41
[Jeremy Matthews] Social networking sites are often the first point of contact between users and companies, and special care should be taken to strengthen the security of social media accounts.
3 May 2013 05:04
[Kathleen Rice] The Minister of Communications, on 3 April 2013, published a proposed National Broadband Policy for South Africa. Comments are due on or before 16 May 2013.
2 May 2013 07:33
[Rod Baker] NEWSWATCH: Glitches in the voting on the POIB included a vote being recorded for a former MP who hasn't actually been in Parliament for a while, and a few who also weren't even there for the vote, reports Times Live.
30 Apr 2013 07:48
[Rod Baker] NEWSWATCH: As expected, the controversial Protection of State Information Bill has been passed in the National Assembly, but will probably face a challenge in the Constitutional Court, reports Mail & Guardian, while Rebecca Hodes, writing in Daily Maverick, takes ASASA to task over the Xpanda ad that critics reckon is racist. In IOL, Caxton non-executive chairman Paul Jenkins says that established news outlets are not stifling the smaller players.
26 Apr 2013 08:22
[Rod Baker] NEWSWATCH: As expected, MPs have adopted the Protection of State Information Bill report, reports Mail & Guardian, and in BD Live, Allister Sparks recounts how the late Mervyn Rees helped change the course of SA history - by doing exactly what many critics of the POIB believe the bill is designed to stamp out.
24 Apr 2013 06:41
[Kathleen Rice] A number of bills are before parliament that have the very real potential to inhibit the free flow of information and ideas on electronic communications networks while allowing the state to monitor and intercept certain online communications, such as communications using Gmail, Facebook, Twitter, and Skype, without a warrant or any form of judicial oversight.
19 Apr 2013 13:44
[Nicole Paulsen] The question regarding the tax implications in relation to the receipt of tips in the service industry (and other industries), has created much uncertainty over the past few years.
19 Apr 2013 07:21
[Rod Baker] NEWSWATCH: Telkom has announced that it will pay the fine of R449m imposed on it last year by the Competition Tribunal, reports BD Live, and for the lively and energetic out there, Gangnam Style singer Psy's latest video has cracked 100 million views, reports IOL (video).
17 Apr 2013 06:13
[Rod Baker] NEWSWATCH: It has come to light that police confiscated the cellphones of 45 officials for images taken after Oscar Pistorius' arrest, reports The Citizen.
16 Apr 2013 10:24
[Douglas Kruger] From Amoeba to Icon; where do you currently rank in your industry's natural progression? In this piece, I walk you through the seven stages of development as you strive to position yourself as an industry expert. [video]
13 Apr 2013 06:31
[Rod Baker] NEWSWATCH: The Democratic Alliance wants Communications Minister Dina Pule investigated and charged with corruption over appointments made in her department, reports Mail & Guardian.
11 Apr 2013 06:23
[Rod Baker] NEWSWATCH: Remember that "Don't touch me on my studio" row? Well, now a charge of intimidation has been laid... three years after the event, reports IOL (video).
10 Apr 2013 08:14
[Chris Charter] In an interlocutory matter concerning the Competition Commission's ongoing attempt to prosecute Telkom for alleged abuse of dominance in wholesale internet access, the Competition Tribunal has dealt with the extent to which a respondent should have access to the commission's internal reports and other information leading to a referral.
10 Apr 2013 06:59
[Rod Baker] NEWSWATCH: Iqbal Survé's Sekunjalo consortium has bought Ireland's Independent News and Media South African interests for R2bn, and reckons it's 'a gift' for Madiba, reports IOL; meanwhile MTN as been accused of stealing an entrepreneur's intellectual property, reports BD Live.
8 Apr 2013 06:45
[Chris Moerdyk] Atul Gupta, the MD of Sahara Holdings and executive chairman of TNA Holdings, owners of the New Age newspaper, has issued summons through the North Gauteng High Court against the editor of the Sunday Times and the newspaper's management, demanding defamation damages to the tune of half a billion rands.
4 Apr 2013 05:33
[Naseem Javed] There are 542 words that will start to impact the business world very soon. These are the 542 dictionary words applied for as generic top-level domain from the Internet Authority as gTLDs at an average cost of a million dollars each.
3 Apr 2013 07:28[Cobus Jooste] The Stellenbosch Chair of Intellectual Property (CIP) has repeatedly, thoroughly and honestly expressed its views on the proposed Intellectual Property Laws Amendment Bill (the Traditional Knowledge Bill) in no uncertain terms.
3 Apr 2013 07:05
[Graeme Palmer] In the Minister of Finance's Budget Speech it was announced that the new permanent voluntary disclosure programme (VDP) which commenced on 1 October, 2012, had already had 700 applications from taxpayers that would result in more than R200 million in taxes being collected before the end of March 2013.
3 Apr 2013 06:52
[Rod Baker] NEWSWATCH: If the ANC has its way, there will be no judicial oversight over eavesdropping on communications originating outside of SA, reports BD Live, and Dina Pule's going to have her conduct investigated, reports Mail & Guardian.
28 Mar 2013 09:34
[Thina Siwendu] The recent en masse resignation of the board members of the SABC once again highlights concerns over the effective corporate governance of state-owned enterprises (SoEs). Typically, most SoEs are governed by, and are creatures of, founding legislation, and in the case of the SABC, the Broadcasting Act.
27 Mar 2013 16:25
[Chris Charter] The COMESA Competition Commission is intended to administer a supra-regional competition and consumer protection regime, and its sudden appearance on the scene in January 2013 is not without controversy.
27 Mar 2013 12:24[Tshepisho Mokgorwane] The FirstRand Bank Limited vs Janse van Rensburg [2012] 2 ALL SA 186 (ECP) decision has finally resolved the confusion of whether debt review applications constitute an act of insolvency in terms of the provisions of s8(g) of the Insolvency Act, No 24 of 1936 (as amended).
22 Mar 2013 08:36 [Rowan Forster] Rooibos certainly does make the headlines. That soothing cup of tea that so many of us enjoy was big news a few years back when an American company announced that it had a US trade mark registration for the name Rooibos, and that it would be able to block South African exporters of rooibos tea from using the name in the US.
19 Mar 2013 17:46
[Rod Baker] NEWSWATCH: It seems that communications minister Dina Pule offered a pal - Gugu Duda - a job, though Duda does not have the experience to do it, reports IOL, and in the UK, MPs vote today on press regulation. The Indian Express reports that 19-year-old men are the biggest victims of online bullying, and Science a Gogo says that someone jabbering on their mobile can be very distracting.
18 Mar 2013 08:58
[Abram Molelemane] As I write this, I'm having a drink with my colleague Nick Owsley, a graduate with an Honours Degree in Politics, Philosophy and Economics from the University of Cape Town. With Human Rights Day approaching I can't help but think how fortunate our generation is.
9 Mar 2013 10:27
[Rob Cooper] Changes proposed to South Africa's Basic Conditions of Employment Act (BCEA), Labour Relations Act (LRA) and Employment Equity Amendment Bill (EEAB) will have a significant impact on how employers conduct their business in 2013.
8 Mar 2013 07:24