In a historic development for transparency and accountability in South Africa, President Cyril Ramaphosa has determined that the Political Party Funding Act will come into operation on 1 April 2021...
Three broad themes emerging in South Africa in 2021, which will require extensive input from the legal profession, are: changes to the economy and regulation prompted by Covid-19; moves by government and the private sector to stimulate economic recovery; and a greater focus on corporate responsibility and consumer protection...
Jonathan Veeran, Nozipho Mngomezulu and Burton Phillips 19 Jan 2021
On 4 January 2021, the South African Reserve Bank released Exchange Control Circular No. 1/2021 which provides for the long-awaited relaxation of the South African exchange control rules relating to "loop" structures and investments...
Cor Kraamwinkel, Keith Veitch and Sean Franken 13 Jan 2021
In the midst of the planetary emergency of climate change, Covid-19 is testing modern civilisation's preparedness for shocks, across the spheres of finance, economics and technology; global, national and regional governance; global and population health; social cohesion and food security. This is according to Baker McKenzie's new report, Unprecedented: Converging Crises...
Wildu du Plessis 6 Jan 2021
We've compiled our annual #BestofBiz 2020 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views. Discover the most read content on Bizcommunity's Legal site over the past year below...
Government has gazetted the National Small Enterprise Amendment Bill 2020 in an effort to provide an ombud service that will assist small enterprises with legal issues...
Cabinet has approved the Land Donations Policy, which aims to accelerate land donations as one of the ways to respond to the slow pace of land reform...
The National Council of Provinces (NCOP) has approved four bills for submission to the National Assembly...
Anti-money laundering (AML) compliance should not merely be a tick-box exercise for financial institutions, as it not only exposes the organisation to the risk of hefty non-compliance penalties and reputational damages...
Sumit Kumar Sharma 2 Dec 2020
Over 100 people have been arrested in South Africa's corruption crackdown in 2020 and it's of particular interest to note that many of these cases involve allegations of money laundering and fraud.
Craig Hills 1 Dec 2020
Businesses that have taken steps to comply with the General Data Protection Regulation passed by the EU will also have to be compliant with South Africa's Protection of Personal Information Act by July 2021. Compliance with one does not ensure compliance with the other...
Karl Blom and Ekene Nkado 30 Nov 2020
On 20 November 2020, the FSCA issued a draft Declaration of crypto assets as a financial product (draft Declaration) under the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act)...
Desiree Reddy 24 Nov 2020
The South African (SA) sound broadcasting industry has been waiting patiently for legislative developments regarding the switchover from analogue broadcasting to digital sound broadcasting (DSB)...
Peter Grealy, Nozipho Mngomezulu, Wendy Tembedza, Karl Blom, and Ziyanda Ngcobo 24 Nov 2020
In September 2019, the #SandtonShutdown protest took place in an effort to highlight the crucial role of businesses in tackling gender-based violence. One of the placards during the protest read, "Make my safety your business". The message was clear. Businesses were urged to make gender-based violence one of their strategic issues and actively address it in the workplace...
Nadine Mather and Pascale Towers 23 Nov 2020
Legal Contract Specialist | Johannesburg | Consilium Legal Services |
Legal Trends 2021
