How South African lawmakers are dealing with cryptocurrencies.

Justice delayed could mean suspension without pay

In the case of Mark Strydom v ArcelorMittal South Africa J17647/2023, Mr Strydom approached the Labour Court on an urgent basis for an order that the decision taken by ArcelorMittal on 5 December 2023 to suspend him without pay, be declared unlawful and null and void, alternatively be set aside.

Joint ventures: To incorporate or not?

Once business partners have agreed on a joint venture (JV) as a suitable business structure, one of the initial considerations is often whether or not the JV should be incorporated. Making this decision will depend on myriad factors ranging from formation, financing, ownership of assets, regulatory, taxes, commercial considerations to dissolution.

It pays to go green for real estate developers, investors and lenders

In recent years, the global conversation around sustainability has prompted a significant shift in the way we approach various aspects of life, including business and finance. In the realm of real estate, the adoption of green and sustainability-linked loans has emerged as a powerful tool for promoting environmentally conscious practices. In South Africa, real estate developers, investors, and lenders are increasingly recognising the benefits of embracing green financing to not only contribute to a healthier planet but also to enhance their bottom line.

Loadshedding causing nuisance (in more ways than one)

For the past several years South Africans have, unfortunately, had to endure and experience the struggles brought about by loadshedding. While some sit without electricity for up to 10 hours a day, others have decided to utilise the many products available on the market that provide houses with power when Eskom is not.

President Ruto’s major tax proposals ahead of the Finance Bill, 2023

In late March, President Ruto made some key tax pronouncements in his speech at the American Chamber of Commerce (AmCham) Business Summit. Most elements of the speech are expected to feature in the Finance Bill, 2023 as part of wide tax reforms. In a further Cabinet meeting chaired by the President on 27 April 2023, additional proposals were made as part of the efforts to bolster the Bottom-up Economic Transformation Agenda and facilitate economic growth.

Companies to take heed of mounting climate change litigation risks, advises Alecia Pienaar, Counsel in our Environmental Law practice during a eNCA interview.