Our team represented the lending consortium in the ZAR 1billion-plus financing for Afric Energy Resources Proprietary Limited

Rooftop solar: Energy bounce back loan guarantee scheme

Professor Anton Eberhard estimates that as of June 2023, households and businesses have installed 4,412 MWs of rooftop solar. Not only is this double the capacity of Eskom under its four previous Renewable Independent Power Producer Programme (REIPPP) but nearly a 350% increase of the installed capacity by households and businesses since March 2022. Although households and businesses who have the means to install rooftop solar will continue to do so, there remains a funding gap that still requires government intervention.

Taking liberties: Unmasking of an employee’s sick leave trickery

In the recent judgment of SARS v Benneth Mathebula and Others (JR 2243/21) ZALCJHB 222 (21 July 2023) the Labour Court was called upon to reconsider the fairness, or otherwise, of Mr Mathebula’s dismissal from the South African Revenue Service (SARS) due to his dishonesty regarding his sick leave.

Njeri Wagacha talks to Mary Wamae - Videocast

Njeri Wagacha talks to Mary Wamae, Group Executive Director at Equity Group Holdings PLC

Deadline for holders of Zimbabwean Exemption Permits has been extended until 31 December 2023

The now well-known Zimbabwean Exemption Permit (ZEP) has a longstanding history since it was initially implemented by the Republic of South Africa as the Dispensation of Zimbabweans Project (DZP) in 2009.

Further refinements to the corporate rollover relief provisions

Arbitration: Careful drafting applies as much to the arbitration agreement as to the pleadings

An agreement to arbitrate a specific issue will generally describe both the issue the arbitrator is required to decide and the arbitrator’s powers. The arbitrator has no power beyond the agreed terms of reference. The parties will then usually set out their respective claims or defences in documents referred to as pleadings. Unless the terms of reference are broad, for example allowing the arbitrator to decide whatever issues arise from the pleadings, the arbitrator may be restricted by what is in the terms of reference. Even if the terms of reference are broadly to deal with any dispute that arises on the pleadings, anything not “ on the papers ” would seem to be excluded.