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

Understanding the importance of the European Delegated Acts for the developing green hydrogen industry in Africa

As part of the European Commission’s (the Commission) REPowerEU plan to scale-up the production and use of renewable hydrogen, ammonia and other derivatives in the European Union (EU) the Commission adopted two European Delegated Acts (Acts) in February 2023. The Acts includes a set of rules and guidelines for the certification of green hydrogen produced within the EU, as well as imported hydrogen from other countries, such as Namibia and South Africa.

No guarantee(s): The practical importance of exchange control compliance

South Africa, with its sophisticated financial system has an extensive legal framework that regulates this system and its proper functioning. One of the components of this regulatory framework is South Africa’s exchange control (Excon) regime, captured mainly in the Currency and Exchanges Act 9 of 1933, Exchange Control Regulations, 1961 (Regulations) and the Currency and Exchanges Manual for Authorised Dealers (AD Manual).

Welcome announcement for foreign nationals in possession of a Zimbabwean or Lesotho Exemption Permit

On 1 December 2023, Dr Aaron Motsoaledi, the Minister of Home Affairs (Minister), announced his decision to grant an exemption to Zimbabwean and Lesotho foreign nationals who are in possession of either a Zimbabwean Exemption Permit (ZEP) or Lesotho Exemption Permit (LEP). This exemption has been granted in terms of section 31(2)(b) of the Immigration Act 13 of 2002 (Act) which empowers the Minister to grant inter alia a category of foreigners the rights of permanent residence for a specified, or unspecified period, upon the existence of special circumstances which would justify such decision.

An analysis of the Affordable Housing Act, 2024: Will this act survive the legal onslaught?

After what may seem like an eternal wait for the Government, the President finally put pen to paper on the Affordable Housing Bill, 2023 (Bill) to enact it into law on 19 March 2024. The Affordable Housing Act, 2024 (Act) is intended to cure the pitfalls that were raised by the High Court in the case of Okiya Omtatah Okoiti and 51 Others v The Cabinet Secretary for the National Treasury and Planning and Six Others, Constitutional Petition No. E181 of 2023.  

Further refinements to the corporate rollover relief provisions

Going back to basics: The importance of reducing the essential terms of a sale of property agreement to writing

The recent judgment of Cooper N O and Another v Curro Heights Properties (Pty) Ltd (1300/2021) ZASCA 66 (16 May 2023) once again highlights the importance of reducing the essential terms of a sale of property agreement to writing.