CDH's Corporate & Commercial practice advises Airlink

Unlocking South Africa’s infrastructure development and investment opportunities: Amendments to the PPP regulations

The reformation of the South African public procurement legislative framework is expected to have a direct impact on construction and infrastructure projects, particularly those that are public-private partnerships (PPPs). PPPs are commonly used by the public sector to benefit from the financial resources, expertise and skills of the private sector to improve its services and develop infrastructure. A PPP is a contract between a public sector institution and a private party, where the private party performs a function usually provided by the public sector. Most of the project risk (technical, financial and operational) is transferred to the private party.

The Future of Sustainability-Linked Bonds in South Africa

The South African market for sustainability-linked bonds (SLBs) holds significant potential for the future. South Africa, grappling with complex environmental, social and governance challenges, finds itself at the precipice of a transformative financial instrument: sustainability-linked bonds.

Mandatory offers in the context of bespoke limitations on voting rights

The requirement to make a mandatory offer in terms of section 123 of the Companies Act 71 of 2008 (Companies Act), is triggered by an acquisition of a beneficial interest in securities of a regulated company, as a consequence of which the acquiror (together with its related and concert parties) is able to exercise at least 35% of the voting rights attached to the securities of the regulated company. Accordingly, the principal feature of an acquisition which triggers a mandatory offer, is the acquiring party crossing the 35% bright line as a consequence of theacquisition. 

Another draft Employment Equity economic sector targets: Have comments been considered?

What women need to know about land ownership after marriage

Lydia Owuor, Partner in Real Estate Law in Kenya, was recently featured in Business Daily, shedding light on what women need to know about land ownership after marriage.

Can Real Estate Investment Trusts (REITs) be a pathway to affordable homeownership?

Kenya’s affordable housing agenda is a government initiative aimed at addressing the housing deficit in the country by providing affordable and decent housing for its citizens through homeownership. This initiative aligns with the Government’s broader development goals outlined in its Vision 2030 blueprint. The key challenges that have been identified as the barriers to delivering this agenda include (i) limited capacity for rapid construction of affordable homes even though the Government has initiated large-scale construction projects across the country; (ii) lack of guaranteed off-take, which undermines property developers’ confidence in exiting developments upon completion; and (iii) limited access to financing options that could enable developers bring more affordable homes to the market.