Deevabits Green Energy (DGE)
Deevabits Green Energy (DGE)
Our team advised Deevabits Green Energy on the financial facilities it received from SIMA.
We reviewed the facility agreement and advised them on the structure of the financing.
This deal is significant because Deevabits is a social enterprise that distributes solar products to off-grid rural areas in Kenya using last-mile distribution approach.
You might also be interested in
16 Jun 2023
by Alex Kanyi, Brandon Otieno, Billy Oloo and Damaris Muia
Kenya Budget Speech 2023/24 Analysis
In this article, CDH Kenya's Tax & Exchange Control practice will provide an analysis of Cabinet Secretary Njuguna Ndung'u's budgetspeech.
Tax & Exchange Control
21 min read
5 Jul 2023
by Andries le Grange and Gaby Wesson
Concurrent jurisdiction: A balancing act between intervention and independence
The exercise of concurrent jurisdiction between competition authorities and sector-specific regulators has been a contentious topic, particularly where sector-specific pricing is at issue. However, in the case of Industrial Gas Users Association of South Africa v Sasol Gas (Proprietary) Limited and Others (IR095AUG22), and Sasol v Competition Commission and Others (OTH110SEP22) the Competition Tribunal (Tribunal) confirmed that the competition authorities are entitled to exercise their powers where there is concurrent jurisdiction, over alleged anticompetitive practices in regulated sectors.
Competition Law
6 min read
29 Feb 2024
by Joe Whittle and Evangelia Goulas
Back to the future: Harnessing Building Information Modeling for Greening Retrofit Projects
Amid the international push towards sustainability and energy efficiency, retrofitting existing buildings into greener models is a crucial strategy for reducing the consumptive effect that the built environment has on its surroundings. Buildings typically account for 40% of a city’s total energy usage, with electricity in the built environment accounting for nearly a quarter of South Africa’s carbon emissions. Retrofitting existing structures can thus play a significant role in infusing the built industry with environmentally-sustainablesolutions.
Construction & Engineering
3 min read
25 Apr 2024
by Nicholas Carroll
To BEE or not to BEE
Corporate taxpayers often face the question of how to increase their broad-based Black economic empowerment (B-BBEE) credentials through equity ownership schemes. While it is important for corporate taxpayers to improve their B-BBEE credentials, funding constraints can sometimes create a challenge from a taxperspective.
4 min read
8 Dec 2023
by Puleng Mothabeng
BPR 398: Will you be the yield to my instrument?
The tax treatment of interest and dividends is quite different. Generally, interest paid on money borrowed in the production of trading income is deductible for tax purposes, while the interest derived by the creditor from a loan or investment of money is taxable.
Tax & Exchange Control
8 min read
19 Mar 2024
by Jacquie Cassette, Brigitta Mangale, Clarice Wambua, Gift Xaba, Elgene Roos and Lauriene Maingi
Video | The significant impact of our Pro Bono & Human Rights practice
As we commemorate Human Rights Day on Thursday, 21 March, one of the ways CDH demonstrates our commitment to the transformation of our society is through our dedicated Pro Bono & Human Rights Practice. We provide pro bono representation of the highest standard to deserving individuals, communities, NGOs and other organisations that promote human rights or the public interest.
Firm News
02:22 Minutes