Review of the employment tax incentive

Benefitting from the Tax Amnesty Program: The Quick Steps

The Finance Act 2023 introduced a Tax Amnesty Program which is a great opportunity for Kenyan taxpayers.

'Rethinking Whistleblowing in African Corporate Governance: Building Trust, Ethical Culture, and Effectiveness’.

Know your limitations: Lessons from English case law on limitations of liability

Managing risk and allocating liability forms the focal (and sticking) point of many agreements, whether transactional (e.g. a sale) or relationship-based (e.g. a services agreement). A limitation of liability clause may be used to limit a party’s liability in numerous ways, whether by time, amount or nature. Not only should a limitation of liability be carefully negotiated – it should also be carefully worded to ensure its interpretation aligns with the parties’ agreed principles. The English case of Drax Energy Solutions Limited v Wipro Limited EWHC 1342 (TCC) highlighted the importance of the wording used in a limitation of liability. The similarities between the rules of interpretation in England and South Africa allow significant lessons to be gleaned from the case.

Business rescue will not “rescue” void dispositions

As insolvency proceedings are becoming increasingly popular in South Africa, we see that the unanswered questions relating to the finetuned details of the proceedings are starting to surface. For example, what is the status of dispositions made by or on behalf of a company which has already been placed in liquidation? Taking it a step further, what is the status of dispositions made after the granting of the liquidation order, but before the company in liquidation was placed under business rescue? These were the questions recently answered by the court in Macneil Plastics (Pty) Ltd v Van Der Heever and Others (A228/2019) ZAGPPHC 357.

The rise of ESG in mergers and acquisitions

The rise of ESG in M&A represents a significant shift in the corporate world.

Part Two: Should I ask my lawyer or should I just ChatGPT it?

In Part One, we explored ChatGPT’s capabilities in the legal field, and we saw both its impressive potential and significant limitations. Now, in Part Two, we delve deeper into the potential consequences for legal professionals relying solely on AI tools, such as ChatGPT, by considering a real-life scenario that sheds light on the importance of accuracy, ethics and the indispensable role of human judgement.