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Cliffe Dekker Hofmeyr offers a comprehensive guide on labour legislation changes to all South African businesses
11 August 2014 Employment

Cliffe Dekker Hofmeyr offers a comprehensive guide on labour legislation changes to all South African businesses

South Africa's labour legislation is progressive, and continues to rapidly evolve. This is according to Aadil Patel Director and National Head of the Employment practice at Cliffe Dekker Hofmeyr, who notes that with this progression comes change; most notably to the labour legislation environment, and businesses now need comprehensive guidance on all the various changes and how they will affect their operations.

Minister of home affairs announces financial or capital contribution for business
11 August 2014 Employment

Minister of home affairs announces financial or capital contribution for business

A foreign national who intends establishing a business or investing in a business that is established within the Republic of South Africa will need to obtain a certificate from an accredited chartered accountant which verifies that an amount prescribed by the Minister of Home Affairs (Minister) is available. On 15 July 2014, the Minister announced the financial or capital contribution to be a minimum of R5 000 000,00.

Merger regulation under the Competition Act - Control determines size
7 August 2014 Competition

Merger regulation under the Competition Act - Control determines size

In the matter between Tiger Equity (Proprietary) Limited ("Tiger Equity"), Murray & Roberts (Proprietary) Limited ("M&R") and the Competition Commission ("Commission"), Tiger Equity and M&R applied to the Competition Tribunal ("Tribunal") to set aside a decision of the Commission to classify the merger between them as a large merger. The parties contended that the merger was, in fact, a small merger.

Corporate and Commercial Alert
6 August 2014 Corporate & Commercial

Corporate and Commercial Alert

Section 66(7) of the Companies Act, No 71 of 2008 provides that a person becomes entitled to serve as a director of a company when that person has been appointed or elected in accordance with Part F of Chapter 2 of the Act, or holds an office, title, designation or similar status entitling that person to be an ex officio director of the company, subject to subsection 66(5)(a); and has delivered to the company a written consent to serve as its director.

Nicholas Preston comments on Shakes Mashaba and Isegund Gordan having a contract at the same time.
6 August 2014 Employment

Nicholas Preston comments on Shakes Mashaba and Isegund Gordan having a contract at the same time.

Newly appointed Bafana Bafana coach Shakes Mashaba arrives back in South Africa after a tour of Mali as the official coach of the senior national team. Isegund Gordan’s contract with SAFA runs until the end of the month, but a employment lawyer says this is perfectly legal that both men can be contracted for the same position at the same time. Director, Nicholas Preston gives comment.

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Data Protection and Privacy Alert
6 February 2012 Technology, Media & Telecommunications

Data Protection and Privacy Alert

Europe is moving forward with efforts to make the protection of personal information easier, quicker and less costly.

Tax Alert
3 February 2012 Tax & Exchange Control

Tax Alert

By now the theme is well-known: revenue authorities everywhere are looking to bolster government coffers; the wealthy are firmly in their sights.

Tax Alert
27 January 2012 Tax & Exchange Control

Tax Alert

The dividends tax, a new form of tax on dividends paid by companies, comes into effect in South Africa soon. Here are some practical questions and answers about the new tax.

Employment Alert
25 January 2012 Employment

Employment Alert

The 16th of December 2012 is the only public holiday that falls on a Sunday.

Tax Alert
20 January 2012 Tax & Exchange Control

Tax Alert

High net worth individuals increasingly on Sars’ radar

Tax Alert
13 January 2012 Tax & Exchange Control

Tax Alert

The Conversion of Par Value Shares into No Par Value Shares For Company Law Purposes.

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An agent's right to commission
2 January 2008 Dispute Resolution

An agent's right to commission

An agent will have a claim for commission on a sale agreement if he introduced the parties to one another, thereby being the effective cause of the sale.

Beware the bogeyman
6 November 2004 Black Economic Empowerment (BEE)

Beware the bogeyman

The macro-economic rationale that lies at the heart of black economic empowerment (BEE) is to address the...

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Tax Law Amendment Act
16 May 2016 Tax & Exchange Control

Tax Law Amendment Act

The ministry of finance says that the 2015 Tax Law Amendment Act provisions relating to retirement will come into force on 1 March 2016, however the annuitization requirement for provident fund will be postponed to the 1 March 2018 but some tax experts are concerned that the delays will hit consumers in the long term. Ruaan van Eeden, director in the Tax and Exchange Control practice explains the implications of this latest development.

Johan Jacobs talks about the budget speech
16 May 2016 Trusts & Estates

Johan Jacobs talks about the budget speech

Johann Jacobs, national practice head and director in the Trust and Estates practice talks about the budget speech which was delivered by the finance minister from trusts tax perspective.

Employment tax incentives
10 March 2016 Tax & Exchange Control

Employment tax incentives

Nicole Paulsen, associate in the Tax and Exchange Control practice speaks about employment tax incentives and how it expires.