Silica
This matter involved legal innovation that ensure we obtained the client’s objective to obtain the positive advisory opinion. Report on the transaction can be seen here: https://www.fnz.com/news-and-insights/2020/11/16/fnz-to-acquire-silica-from-ninety-one/
You might also be interested in
22 Jun 2023
by Nicholas Carroll
Capital vs Revenue: Swapping assets doesn’t swap their nature
Section 42 of the Income Tax Act 58 of 1962 (ITA) is a cornerstone of the so called ‘corporate rules’ in the ITA. Should certain conditions be met, this section provides roll-over relief to a taxpayer where that taxpayer exchanges an asset for shares in a company.
Tax & Exchange Control
5 min read
5 Mar 2024
New earnings threshold effective 1 April 2024
As of 1 April 2024, South Africans will see the implementation of the increased annual earnings threshold determined by the Minister of Employment and Labour (Minister) in the amount of R254,371.67. This represents an increase of R13,261.08 from the previous amount of R241,110.59, which has been in effect since 1 March 2023.
2 min read
29 Apr 2024
by Anli Bezuidenhout, Nadeem Mahomed and Kirsten Davids
Flexible working practices: Balancing business needs and employee preference
Prior to the COVID-19 pandemic and the lockdown regulations that followed, most workplaces implemented traditional norms in relation to regulating working hours. Employees were expected to report to work at a certain time, were entitled to a meal break, and exited the workplace at the end of the workday.
Employment Law
3 min read
28 Mar 2024
by Tim Fletcher, Brent Williams and Sammy Ndolo
CDH Kenya celebrates triumphs at 2024 DealMakers Africa Awards Gala
CDH is delighted to announce its success at the 2024 DealMakers Africa Awards Gala that took place on 15 March 2024, in Lagos,Nigeria.
Firm News
2 min read
22 Apr 2024
by Jean Ewang and Tshephang Kekana
Employers of record and their place in South Africa
The COVID-19 pandemic saw remote working become increasingly common globally, with companies taking advantage of remote working to access talent in multiple jurisdictions in a more cost-effective manner. Aligned to the increase in remote working is the increase in the employer of record (EOR) market.
Employment Law
2 min read
30 Apr 2024
by Eugene Bester and Serisha Hariram
Considering applications for special leave to appeal
Section 17(3) of the Superior Courts Act 10 of 2013, read with section 16(1)(b), allows for persons dissatisfied with a decision of a full bench, to appeal the decision to the Supreme Court of Appeal (SCA).
Dispute Resolution
6 min read