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The Companies and Intellectual Property Commission (CIPC) has introduced a new requirement for all South African companies to declare their compliance with specific sections of the Companies Act...
Madelein Burger, Elodie Maume, Cindy Leibowitz, and Marina Hodgkinson 19 Feb 2020
Seventy percent of central banks and regulators see climate change as 'major threat' to financial stability, but are split on where responsibility for action lies...
19 Feb 2020
The month of February is synonymous with romance and roses as Valentine's Day takes centre stage once again. Often, in this heady state of love and romance, newly engaged couples shy away from discussing how exactly their finances and assets will be managed to their detriment...
Nayna Cara 14 Feb 2020
While commodity prices are currently favourable, the general volatility of commodities in the South African market has often presented a barrier to mining companies accessing traditional forms of financing to enhance their liquidity...
Lodewyk Meyer, Chantel van Zyl & Kira White 13 Feb 2020
The National Energy Regulator of South Africa (Nersa) has welcomed the decision by the High Court in Pretoria to dismiss an urgent relief sought by Eskom...
13 Feb 2020
In a recent hearing before the Gauteng High Court, Hlumisa Investment Holdings RF Ltd v Kirkinis 2019, the minority shareholders of a holding company attempted to use provisions of the Companies Act, No. 71 of 2008 (the Act) to claim damages from the directors of the company for the reduction in value of their shares...
Janine Will 10 Feb 2020
Commuter activist group #UniteBehind has lodged a court application which aims to overturn the Minister of Transport's decision to appoint Bongisizwe Mpondo as the Administrator of the Passenger Rail Association of South Africa (Prasa). The application was submitted to the Western Cape High Court on 4 February...
5 Feb 2020
The UK parliament has now ratified the EU Withdrawal Agreement that will enable the UK to formally "leave" the EU on 31 January 2020. This date will mark the beginning of an 11 month transition period, with the true exit date currently set as 31 December 2020 (Exit Day)...
Ghadieja Khan, Leanne Mostert, Bernadette Versfeld and Carla Collett 30 Jan 2020
Sanral's recent tenders for the upgrades to the N2/N3 are worth millions, which is is great news for contractors in a sector that is in slump. But, law specialists warn that amendments to Sanral's standard contract make it much more difficult for contractors to deal with disruptions...
30 Jan 2020
A legal battle between Old Mutual, the South African-based pan-African investment, savings and insurance group, and its chief executive officer Peter Moyo has dominated news headlines in the country for the past eight months...
Rehana Cassim 27 Jan 2020
If you are a director of a company engaged publicly you need to examine your role, responsibilities and potential liability as you go into 2020 because director's liability is expected to increase. This expectation is confirmed by the fact that claims against directors and officers liability insurers increased in 2019 and the trend is expected to continue markedly.
Patrick Bracher 22 Jan 2020
Member States of the African Union (AU) have a combined population of over 1.2 billion people and gross domestic product of more than $3.4 trillion - yet the continent accounts for less than 3% of world trade...
Andrew Skipper 21 Jan 2020
Although there are still no clear indicators as to when the long-awaited Protection of Personal Information Act (PoPI) will come into force, there have been some recent PoPI related developments...
16 Jan 2020
Shoprite Investments Limited has lost its appeal against the National Consumer Tribunal's ruling that it recklessly granted credit. The retail giant's appeal was dismissed with costs by the Pretoria High Court on 18 December 2019.
15 Jan 2020
Drones are becoming part of everyday life for people and businesses. The potential private and commercial applications are endless. But there are very few licenced commercial drone operators in the country, with many users operating drones illegally because of the cost and complexity of compliance. The authorities simply do not have the means to enforce compliance in all but the most egregious offences...
Kiasha Nagiah 13 Jan 2020
South Africa and Ethiopia have signed an agreement on the waiver of visa requirements for holders of diplomatic or official/service passports...
13 Jan 2020
South Africa is experiencing a period of prolonged political and economic uncertainty, but the country's commitment to improving the local investment environment, combined with signs of future economic improvement, have resulted in increases in M&A value...
Morne van der Merwe and Wildu du Plessis 8 Jan 2020
Mining remains one of the major contributors to the South African economy. In 2019, the mining industry saw a number of exciting developments. More interesting developments lie ahead...
Athi Jara 6 Jan 2020
We've compiled our annual #BestofBiz 2019 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...
17 Dec 2019
Due diligence is a fundamental to sound practice - and yet so many companies overlook this fact, with grave consequences...
David Loxton 12 Dec 2019
The City of Cape Town will request permission from the Judge President of the Gauteng High Court for an expedited hearing on its energy case, Cape Town's Acting Executive Mayor, Alderman Ian Neilson, has announced...
11 Dec 2019
There are at least four ways in which directors can be responsible for reckless or fraudulent trading...
Maleka Femida Cassim 10 Dec 2019
Transport Minister Fikile Mbalula has dissolved the Passenger Rail Agency of South Africa (Prasa) interim board and placed the entity under administration with immediate effect...
10 Dec 2019
The sensational revelations that were made during the Zondo Commission of Enquiry into Allegations of State Capture, by, inter alia, the former COO of Bosasa, namely Angelo Agrizzi, shocked the entire country...
Kylene Weyers and Stephan Venter 9 Dec 2019
In the era of social media and instant messaging, the courts are constantly challenged to develop the common law to accommodate the ever-changing environment. Recently, the Supreme Court of Appeal (SCA) was asked to pronounce on whether a WhatsApp message gave rise to an enforceable contract...
Demi Pretorius 9 Dec 2019
Is tiresome admin pulling you away from business growth? Is client communication taking up too much of your time? This single software suite can help you automate your administrative tasks and communication to claim back your lost time...
Microsoft 2 Dec 2019
When it comes to fraud, the impact of the production and sale of counterfeit goods is just as detrimental to the economy as cyber crime and identity theft...
21 Nov 2019
The Department of Trade and Industry published amendments to the Codes of Good Practice on 31 May 2019 to be effective from 1 December 2019...
Gideon Gerber, Starbright 19 Nov 2019
South Africa's exchange control regulations generally prohibit South African residents from holding an interest in a foreign company which, in turn, holds any interests or assets in a Common Monetary Area (CMA) country (so-called "loop structures")...
Leanne Mostert, Keith Veitch, Donald Fisher-Jeffes, and Cameron MacKenzie 18 Nov 2019
On 11 and 12 May 2020, the City of Cape Town will ask the Court for a declaratory order that will enable it to choose the type of power that it provides. Currently, it is determined that the City must procure its electricity from Eskom...
15 Nov 2019
Legal Trends 2020
