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Treasury provides more clarity on additional tax relief measures
By: Simone Liedtke 23rd April 2020 In line with President Cyril Ramaphosa’s address to the nation on April 21, Finance Minister Tito Mboweni has provided more detail on the second set of tax measures aimed at assisting individuals and businesses through the pandemic. The statement from the National Treasury states that it... →
Eskom clears COO of all wrongdoing
By: Donna Slater 15th April 2020 After being accused by a fellow employee of corruption, conflict of interest, dishonesty and abuse of power, power utility Eskom COO Jan Oberholzer has been cleared of all allegations by an external Senior Counsel. The complainant made the numerous accusations against Oberholzer in March through... →
National State of Disaster brings complex privacy limitations – Cliffe Dekker Hofmeyr
By: Donna Slater 14th April 2020 The Covid-19 pandemic has resulted in many countries adopting extraordinary, and sometimes unprecedented, measures in an effort to contain, or at least slow the spread of the virus. In many instances, peoples' movement has been severely restricted and even monitored, resulting in new privacy... →
Unemployment beneficiaries wait while Nedlac discussions progress
By: Donna Slater 7th April 2020 Many employers are waiting for greater clarity regarding unemployment benefits for their staff that have been temporarily laid off during the national lockdown, which is enforced from March 27 to April 16 to curb the spread of Covid-19, according to business law firm Cliffe Dekker Hofmeyr (CDH).... →
Local project scarcity causes loss of top-class engineers
By: Darren Parker 3rd April 2020 The scarcity of public-sector projects is leading to massive retrenchments and the loss of South Africa’s world-class consulting engineers to foreign markets, says law firm LNP Attorneys CE Nikita Lalla. “Insufficient project implementation is causing the engineering and construction sector... →
Covid-19 may exacerbate the abuse of power – Corruption Watch
By: Sane Dhlamini 31st March 2020 Not-for-profit organisation Corruption Watch on Tuesday released its yearly corruption report with executive director David Lewis saying South Africans should not expect corruption to lessen during the coronavirus pandemic. This year’s report is themed “The Writing is on the Wall” and shows... →
Public Enterprises, business rescue practitioners battle over SA Express
By: Rebecca Campbell 20th March 2020 The Department of Public Enterprises (DPE) has expressed, in a statement, its concern about the direction that the business rescue process for State-owned regional airline SA Express was taking. “[T]he Business Rescue Practitioners [BRPs] are planning to ‘ground’ the airline without first... →
Moves afoot to 'futureproof' South Africa's drones regulations
By: Donna Slater 20th March 2020 Regulations governing drones, officially referred to as remotely piloted aircraft systems (RPAS), have been stagnant since July 2015, when the South African Civil Aviation Authority (SACAA) first introduced regulations to formalise the industry. →
Criminal raids on gold mines pose new threat to South African industry
By: Tasneem Bulbulia 13th March 2020 With gold prices surging to seven-year highs, it is seemingly a good time to be in the industry. In South Africa, however, the recovery has coincided with, and is being tainted by, a surge in so-called 'gold raids', characterised by heavily armed intruders targeting mining companies and smelt... →
Regional airline SA Express objects to business rescue ruling by court
By: Rebecca Campbell 7th February 2020 State-owned regional airline SA Express has reacted strongly to the ruling by the Johannesburg High Court on Thursday that it be placed in business rescue. The airline stated in a press release on Friday that it was seeking further legal advice on the matter. The company headed its release “SA... →
Airbus reaches legal settlements to end bribery and compliance probes
By: Rebecca Campbell 7th February 2020 Europe-based major aerospace group Airbus has issued a brief press release, concerning its negotiations with regulators and law enforcement agencies in three countries. The release stated in full: →
Airbus reports agreement with authorities regarding various charges against it
By: Rebecca Campbell 28th January 2020 Europe-based major aerospace group Airbus issued a brief press release on Tuesday, concerning its negotiations with regulators and law enforcement agencies in three countries. The release stated in full: “Airbus confirms that it has reached agreement in principle with the French Parquet National... →
Contract consolidation aims to improve project execution
By: Schalk Burger 24th January 2020 Most government organisations and State-owned enterprises have standardised on the use of the New Engineering Contract (NEC), an international construction industry-specific contract format, to improve roll-out and execution of infrastructure projects, law firm Nupen Staude de Vries partner... →
Growth initiatives to continue in 2020 as new laws come into effect
By: Simone Liedtke 9th January 2020 Initiatives to drive growth and stabilise the economy will continue to be a focus in the coming year, especially as efforts to root out corruption and State capture progress, law firm Webber Wentzel says. Robust corporate governance for listed companies will also remain a focus area for the JSE,... →
Business rescue means restructuring of SAA
By: Rebecca Campbell 5th December 2019 Department of Public Enterprises deputy director-general Advocate Melanchton Makobe effectively confirmed on Thursday that State-owned South African Airways (SAA) would be restructured, as a result of going into business rescue. “That business rescue plan is, in effect, a restructuring plan for... →
Companies Tribunal aims to settle disputes – but it's understaffed, underfunded with limited scope
By: News24Wire 28th November 2019 The Companies Tribunal wants its mandate to be expanded so that it can take on more cases to help companies resolve their disputes, without litigation. The Tribunal's chairperson Alli Chicktay, Chief Operations Officer Monica Ledingwana and CFO Irene Mathatho on Wednesday briefed the portfolio... →
Appropriate data protection fundamental in South African cybersecurity laws
By: Schalk Burger 20th November 2019 Reasonable and appropriate technical and organisational measures to protect personal information are fundamental to comply with South African information privacy laws, notwithstanding the impossibility of completely preventing cybersecurity breaches, law firm Herbert Smith Freehills cybersecurity... →
Companies should understand laws around product offering
By: Khutso Maphatsoe 15th November 2019 New companies in the brewery and winery industry need to understand the importance of the laws and regulations, such as copyright and trade marks, associated with the products and services that breweries may want to offer, says Spoor & Fisher partner Eben van Wyk. He advises that a trade mark... →
More opportunities brewing for women
By: Khutso Maphatsoe 15th November 2019 Opportunities for women in the brewery industry are increasing, despite there being a relative shortage of qualified women in the industry, says first black female majority-owned brewing company Brewsters Craft founder Apiwe Nxusani-Mawela. To combat this challenge, Brewsters Craft offers various... →
Local cement players solidify defence against import threat
By: Tasneem Bulbulia 14th November 2019 While the quality of imported cement has been improving in recent years, it is usually not in line with the high quality of locally produced cement, the Concrete Institute (TCI) pointed out during a site visit to cement producer PPC’s Dwaalboom plant, in the North West, this week. TCI reiterated... →
Accuracy of information key to attaining appropriate cybersecurity risk posture
By: Schalk Burger 8th November 2019 Companies must establish the accuracy and truthfulness of information, including from third-parties, in their organisations to achieve an appropriate cybersecurity risk posture, says information technology (IT) services multinational Accenture head of cyber security practice Clive Brindley.... →
Many organisations unlikely to successfully tackle cybersecurity demands – Deloitte
By: Schalk Burger 24th October 2019 There are notable gaps in organisations’ abilities to meet the cybersecurity demands of the future, the ‘2019 Future of Cyber’ survey conducted by consulting multinational Deloitte found. The findings indicate that many organisations are challenged in ensuring prioritisation of cyber risk across... →
South Africa making strides in international arbitration
By: Tasneem Bulbulia 23rd October 2019 South Africa is gaining prominence in the development and practice of international arbitration law, which will benefit the country and Africa. This was indicated by Arbitration Foundation of South African (Afsa) and China–Africa Joint Arbitration Centre (Cajac) chairperson Michael Kuper, at a... →
Counterfeiting remains a challenge in Africa
By: Darren Parker 18th October 2019 Counterfeiting remains a significant challenge for multinational brands aiming to legitimately penetrate the African market, but anti-counterfeit laws and measures are gaining traction in Africa. “A number of African countries do not have sufficient intellectual property protection; however,... →
Legislature calls for more labelling, packaging awareness
By: Mamaili Mamaila 18th October 2019 As the food and drug / medicine sectors are highly regulated from a labelling perspective, companies need to be aware of the claims they can make about their products on the packaging, says intellectual property (IP) services law firm Spoor & Fisher partner Megan Reimers. →
Jobs Summit committee reports progress in various areas
By: Tasneem Bulbulia 7th October 2019 The Presidential Working Committee on the Jobs Summit, which held its monthly meeting on Monday, noted that substantial progress had been made in reforming and modernising South Africa’s visa regime, issuing water-use licences, releasing broadband spectrum, saving jobs in distressed firms and... →
Court can stop bank strike on Wednesday
By: News24Wire 23rd September 2019 A planned protest by workers in the banking sector could be stopped if the labour court rules in favour of employers who want to interdict the strike. Banking union Sasbo plans to hold nationwide protest action on Friday September 27. It says as many as 50 000 workers have indicated that they... →
Benefits of quality-specified concrete being recognised
By: Cameron Mackay 23rd August 2019 Years of effort by the South African Readymix Association (Sarma) to spread awareness about the importance of quality-specified concrete are finally bearing fruit, as it is starting to reach local-government level, says Sarma director Johan van Wyk. Collaborating with parastatals, such as... →
Sarma accreditation mitigates lack of concrete laws
By: Cameron Mackay 23rd August 2019 Accreditation as a South African Readymix Association (Sarma) member can mitigate many of the challenges associated with the lack of laws and specification governing the production of quality concrete, says Sarma director Johan van Wyk. “It’s significant to get accreditation because there is no... →
Govt observes anniversary of Marikana tragedy
By: Simone Liedtke 16th August 2019 Government says it has, since the conclusion of the Marikana Commission of Inquiry, made “great progress” in implementing the inquiry’s recommendations, among which has been to ensure that the South African Police Service strengthens its public order policing capacity. A statement issued by the... →
Property group achieves triple win at awards
2nd August 2019 Well-known South African property brand real estate agents Rawson Property Group has received three Global Brands Awards. The group’s wins include Best Real Estate Marketing Brand, Most Innovative Real Estate Brand and the highly coveted all-rounder, Best Real Estate Brand. →
Think-tank attacks SAX for failing to provide requested information
By: Rebecca Campbell 19th July 2019 The Free Market Foundation (FMF) think-tank has accused State-owned regional airline SA Express (SAX) of breaking the law by not responding to a request for information under the Promotion of Access to Information Act (PAIA). The FMF made a PAIA request to SAX on May 31 regarding the troubled... →
Federation committed to small business growth
By: Mamaili Mamaila 19th July 2019 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) Small Business Hub (SBH) was created specifically to address the needs of small, medium-sized and microenterprises (SMMEs) in Southern Africa to contribute to economic growth and job creation. →
Pre-eminent representation reaffirmed by Seifsa
By: Mamaili Mamaila 19th July 2019 Owing to the country’s precarious socioeconomic outlook, it is critical for the Steel and Engineering Industries Federation of Southern Africa (Seifsa) to reaffirm its position as the preeminent representative in the best interest of its members, says Seifsa operations director Lucio Trentini. →
Federation looks forward to salary negotiations
By: Mamaili Mamaila 19th July 2019 With the end of the three-year main agreement last month, Steel and Engineering Industries Federation (Seifsa) looks forward to restarting salary negotiations with other industry stakeholders. →
Seifsa intensifying role in metals and engineering sector
By: Mamaili Mamaila 19th July 2019 Seventy-six years later, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has made major inroads in intensifying its role and impact in the metals and engineering (M&E) sector. →
Think-tank attacks State-owned regional airline for 'showing contempt for the law'
By: Rebecca Campbell 9th July 2019 The Free Market Foundation (FMF) think-tank has accused State-owned regional airline SA Express (SAX) of breaking the law by not responding to a request for information under the Promotion of Access to Information Act (PAIA). The FMF made a PAIA request to SAX on May 31 regarding the troubled... →
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