5 Mar 2013

Legal

 



The taxman cometh

Of course, the big news over the past few days has been Pravin Gordhan's budget speech, which has been dissected and analysed, as usual. Not least of these analyses is that by Nedbank Private Wealth, which provided its observations on the 2013-14 Budget Speech.

Gordhan's budget, as usual, was somewhat of a balancing act, but what taxpayers everywhere would like to see is action, not just words, on corruption, mismanagement and waste. After all, we all realise we have to pay taxes, but we want to see our tax monies being used where it matters - and properly, across the board.

Our planet is our only home, so we'd better do better in looking after it. One way of doing so is through protecting and nurturing biodiversity, which, says minister of water and environmental affairs, Edna Molewa, contributes to economy - she says the benefits derived from biodiversity or ecosystem services are estimated at R73bn, contributing to 7% of South Africa's GDP per annum.

We've heard it all before... this plan and that plan to create jobs - or "job opportunities" - and this time it's the KwaZulu-Natal provincial government that says it will assist in creating 11m jobs by 2030.

Job creation is absolutely vital for the future of this country; some fear the levels of frustration and despair among the unemployed could rise to such levels as to lead to civil unrest. Hence, any plan to create jobs is to be welcomed... but how many have there been, and what successes have they achieved? Governments - provincial and national, need to be wary of over-promising and under-delivering.

Is it the end of the land line? Mitchell Barker says that landline users in South Africa are cutting the cord.

Finally, our not so frugal, but fast and fancy motoring editor Henrie Geyser reckons that the new Ford Fiesta is just that... frugal, fast, fancy.

Rod Baker: Content Director

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Editorial news

Commercial Law

Comair challenge may have wider ramifications
[Nicky Smith] The legal challenge brought by Comair against the government's two-year R5bn guarantee of South African Airways (SAA) could have consequences for how the government chooses to fund parastatals. Read more >>

Court seeks explanation over sudden change
Agriculture Minister Tina Joemat-Pettersson has been asked to explain the "sudden change of heart" that led to the approval of a R6bn golf course development after it had been blocked by her department. Read more >>

Mzanzi TV takes on ICASA
According to Mukoma Attorneys, acting for Mzansi TV (trading as Gau TV), Mzansi TV has launched a review application against ICASA with regard to the broadcasting regulator's refusal to issue it with a Class Satellite Community Broadcasting Service license. Read more >>

Taung Gold dispute still unresolved
Taung Gold International is tight-lipped about a lengthy dispute with its SA shareholders, which has led to the Hong Kong-listed company's shares being suspended from trade since June. Read more >>

Gautrain transparency questioned
The Gautrain Management Agency has revealed that it will soon be embroiled in a legal battle with its private partner, Bombela, over an alleged lack of transparency about its income. Read more >>

Kangaroo sold as kudu biltong
Most of South Africa's biltong - dried strips of cured meat and a much loved snack - has little to do with the ingredients on the label, according to DNA test results published on Friday (1 March). Read more >>

Spat between Cell C and MTN heats up
[Duncan McLeod] The latest spat in the cellphone industry make a wonderful change from 15 years of relatively cosy relations and high prices Read more >>

Mercedes-Benz halts SAFA deal
The fleet of Mercedes-Benz S350 cars being used by top officials of the South Africa Football Association (SAFA) will be handed back following the ending of a contract between the organisation and Mercedes-Benz SA (MBSA) Read more >>

Dti working on finalising intellectual property policy
PRETORIA: The Department of Trade and Industry (dti) is finalising an Intellectual property (IP) policy to preserve and defend the intellectual property of South Africa's citizens. Read more >>

Comair heads for court over SAA guarantees
Listed carrier Comair, which operates British Airways flights and low-cost airline kulula, will file papers on Wednesday (27 February) in the North Gauteng High Court to challenge the government's R5bn guarantee extended to loss-making South African Airways (SAA) in October last year, Comair Erik Venter said. Read more >>

Dodgy meat found in SA's retail shops
Goat, water buffalo and donkey meat have been found in food products including sausages, dried meats, burger patties and mince according to a study by scientists at Stellenbosch University. Read more >>

Budget reaction - Cliffe Dekker Hofmeyr tax team
The Cliffe Dekker Hofmeyr tax team have shared their individual reactions to this year's Budget Speech by Finance Minister Pravin Gordhan, covering share schemes, cross-issue of shares, retirement reform, VAT registration of foreign businesses, and more. Read more >>

Derailment suspends Maputo coal exports
Coal of Africa said on Thursday (28 February) that it had been advised by Transnet Freight Rail (TFR) of a derailment of 10 wagons on the Maputo (Matola) rail corridor last week that led to all rail traffic between Komatipoort and Maputo being suspended. Read more >>

Davies calls for urgent meat probe
[Linda Ensor] Trade and Industry Minister Rob Davies has asked the National Consumer Commission to conduct an urgent investigation into the incorrect labelling of meat products‚ which has been a source of "alarm and panic" for consumers after researchers showed that some meat products such as mince and sausages contained other unlabelled varieties of meat. Read more >>

Legal and compliance manager for Continental Tyre SA
Continental Tyre South Africa (CTSA) has strengthened its compliance with the wide range of legal, policy and contractual matters that it faces on a daily basis by appointing a legal and compliance manager for the first time. Read more >>


Criminal Law

Nzimande says officials defraud bursary schemes
Officials at some of the country's colleges have created ghost students as bursary beneficiaries and siphoned money into their own pockets, Higher Education Minister Blade Nzimande said on Thursday (28 February). Read more >>

Identity theft scams: protecting yourself from rent fraud
[Michelle Dickens] Rent is, in most cases, the biggest monthly expense for the average consumer. So it shouldn't come as a surprise then that scam artists are out to target landlords through identity theft in an effort to avoid paying their dues. This particular type of fraud is quite common - and what is most concerning is how easy it is to become a victim. Read more >>


Labour Law

Promotions halted at SAPS
The Labour Court in Gauteng has ruled that the SA Police Service not implement any promotions in line with its affirmative action plan until all lawsuits against the plan have been heard, Solidarity said. Read more >>

Farm workers - minimum wage is law
The new minimum wage for farmworkers is being enforced and the labour department's spokesman Page Boikanyo urged farmers to comply with the new wage of R105 a day, up from R69 a day. Read more >>


Law Practice

Cliffe Dekker Hofmeyr ranks first in DealMakers M&A deal flow
For the fourth year in a row, business law firm Cliffe Dekker Hofmeyr has advised on more M&A deals than any other law firm in South Africa. The firm has taken top honours in the DealMakers 2012 Awards for M&A deal flow since 2009. Read more >>


Africa
US$950m to keep troops in Mali
ABIDJAN, COTE D'IVOIRE: West African nations will need aid worth US$950m to sustain and reinforce a military mission to help fight Islamists in Mali, Ivory Coast's Foreign Minister Charles Koffi Diby said Monday (25 February). Read more >>

More Africa...


Government
Gauteng Finance rejects disciplinary hearing decision
The Gauteng Department of Finance has rejected the finding of a disciplinary hearing that cleared senior manager Alfred Khana of any wrongdoing. Read more >>

Davies wants greater patent protection
The draft policy on intellectual property aims to bring an end to unfair practices and piracy in the South African market, Trade and Industry Minister Rob Davies said on Tuesday (26 February). Read more >>

Special school assemblies to discuss rape
The Department of Basic Education, in partnership with LEAD SA, has announced a major initiative to raise awareness and educate South Africa's 10.2 million learners about rape. Read more >>

More Government news...


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2013 Biz Trends Report


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