Corporate Law and Governance
Yesterday, the Monitoring Group issued a consultation paper setting out various options to enhance the governance, accountability and oversight of the international audit standard-setting process.
Industry-wide price uniform pricing practices in South Africa – a possible contravention of competition...
The South African Competition Commission’s recent price fixing investigations should serve as a warning to businesses in industries that practice across the board, uniform pricing.
South Africa adopts International Arbitration Bill: A new dawn for the settlement of international...
On 24 October 2017, the South African National Assembly passed the International Arbitration Bill (the Bill) incorporating the United Nations Commission on International Trade Law Model Law on International Commercial Arbitration.
The spotlight on companies, large and small, to be model corporate citizens has never been greater, and regulators and law enforcement have never been more active.
The Reviewed Broad Based Black-Economic Empowerment Charter for the South African Mining and Minerals Industry, 2016 (Charter) was published and became effective on 15...
Following South Africa’s sovereign credit rating downgrade by ratings agencies Standard & Poor’s, Fitch and, on 9 June 2017, Moody’s, as well as developments in political circles around allegations of “state capture”, relations between private business and the country’s public entities have become a hot topic.
Regulation and Ethics
There is cause for celebration for new property owners in light of the recent constitutional court judgment in Jordaan and Others vs City of Tshwane Metropolitan Municipality and Others  ZACC 31, however new owners were not the only ones who stood to lose in the application and interpretation of Section 118(3).
On October 5 2017 the South African Revenue Service (SARS) released a string of Tax Court decisions, including the case of ABC (Pty) Ltd v The Commissioner for SARS (Case 0018/2016), which deals with the question of whether a taxpayer is entitled to condonation for the late filing of an appeal under Section 107(2) of the Tax Administration Act (28/2011).