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The National Treasury recently published an amended Regulation for electronic services, in line with the proposal by the Minister of Finance in Budget Review 2017, that the value added tax ("VAT") base for electronic services was to be expanded.
The Competition Amendment Bill (Bill) which was introduced in parliament in South Africa last week, has clearly shown that enabling small and medium enterprises and Previously Disadvantaged Individuals (PDIs) to be able to successfully compete in the market is now a top priority for the Department of Economic Development and in turn the bodies tasked with monitoring compliance with the Competition Act.
Regulators around the world are increasing their focus on compliance issues and this has given rise to a substantial increase in demand for lawyers who specialise in this field.
Recent strikes and protests regarding South Africa’s new national minimum wage have brought to the fore the challenge faced by those who were tasked with setting it.
Zug, the small town in Switzerland with little over 30,000 inhabitants, does not appear the obvious choice for the epicentre of EMEA crypto-investment and ICOs, but this little canton has already attracted attention as a fault line in a much wider battle between several jurisdictions vying to become the global ICO hub.
Businesses in Africa that process customer data from the European Union (EU) must ensure they are fully compliant with the EU General Data Protection Regulation (GDPR), set to become effective in May 2018.
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