Our team represented a leading US-based global professional services network
Our team represented a leading US-based global professional services network
We represented a leading US-based global professional services network in a cluster of related actions where so-called investors, who had invested their monies in a Ponzi scheme, sought an indemnity from our client should they not recover their money from the fraudster's estate.
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28 Nov 2024
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Webinar Recording | The overlooked risk of unregistered leases
Lydia Owuor, a Partner in the Real Estate Law practice hosted a webinar titled "The overlooked risk of unregistered leases".
Real Estate Law
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18 Feb 2025
by Dane Kruger and Zakiya Shaik
JSE Listings Requirements: Simplification Project – proposed amendments to the valuation report provisions
In September 2023, as part of its efforts to create an enabling listing environment, the Johannesburg Stock Exchange (JSE) commenced with a project to simplify the current JSE Listings Requirements (Requirements). The aim of the project is to allow for better understanding and application by issuers, sponsors and investors by (i) using plain language to record concise regulatory objectives; (ii) reducing the volume of the Requirements; and (iii) assessing the regulatory relevance of each provision and cutting red tape where possible.
Corporate & Commercial Law
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3 Mar 2025
by Petr Erasmus and Savera Singh
Reclassification of certain health supplements in the import duty space
The South African Revenue Service (SARS) has decided to reclassify various health supplements that were previously categorised under tariff heading (TH) 21.06. (providing for miscellaneous edible preparations which were subjected to a rate of 20% import duty) into TH30.04, which pertains to pharmaceuticals, and which attracts a duty free rate.
Tax & Exchange Control
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23 Aug 2024
by Marelise van der Westhuizen
One of South Africa’s watchdogs’ power to issue directives: The subject of litigation
In South African Human Rights Commission v Agro Data CC & Another (Afriforum, Centre for Applied Legal Studies and Commission for Gender Equality intervening as Amici Curiae) ZASCA 121, the Supreme Court of Appeal (SCA) had to consider whether the South African Human Rights Commission (SAHRC) could issue directives to remedy the violation of human rights in terms of its statutory functions and whether those directives would be binding in nature.
Dispute Resolution
3 min read
21 Feb 2025
by James Ross
The Impact of the Climate Change Act on the Mining Industry
James Ross, Senior Associate in the Corporate & Commercial practice, was recently featured in Engineering News and Mining Weekly, where he discussed 'The Impact of the Climate Change Act on the Mining Industry.'
Mining & Minerals
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17 Apr 2025
by Puleng Mothabeng
Avoiding pitfalls: The impact of deemed donations on section 42 transactions
In the dynamic world of corporate taxation, section 42 of the Income Tax Act 58 of 1962 (ITA) stands as a beacon for persons looking to restructure without immediate tax consequences. This provision provides a mechanism for tax-neutral “ asset-for-share ” transactions in terms of which a person can transfer an asset to a resident company in exchange for shares in that company without immediate tax consequences, provided certain conditions are met.
Tax & Exchange Control
4 min read