Texton Property Fund
Texton Property Fund
Cliffe Dekker Hofmeyr is representing Texton Property Fund, the leading South Africa-based diversified property investment fund.
Our South Africa-based real estate team is advising Texton Property Fund on the sale of a letting enterprise and attending to the transfer of Hermanstad Industrial Park in Hermanstad, Pretoria.
You might also be interested in
7 Nov 2024
by Heinrich Louw
Understatement penalties and the benefit of tax opinions: A review of the Thistle Trust saga
We previously reported on the judgment by the Supreme Court of Appeal (SCA) in the case of CSARS v The Thistle Trust (516/2021) ZASCA 153 (7 November 2022) in our Tax alert of 24 November 2022. We also specifically focused on the issue of understatement penalties that arose in that case in our Tax alert of 1 December 2022.
Tax & Exchange Control
7 min read
29 Jul 2024
by Desmond Odhiambo, Imraan Mahomed, Billy Oloo and Sashin Naidoo
Decoding “internship” realities: An analysis of Forum for Good Governance and Human Rights v TSC and Two Others
The Employment Act, CAP 226 (Employment Act) confirms in section 2 that apprentices and indentured learners are considered as employees. However, what happens when a duly trained and qualified employee is employed as an intern to otherwise perform the full duties? The recent case of Forum for Good Governance and Human Rights v TSC and Two Others KEELRC stood out as a beacon of clarity in this murky terrain.
5 min read
20 Nov 2024
by Arnold Mbeje and Yaniv Kleitman
A stake in your future: Issuances of shares for future consideration
It is common to encounter share subscription transactions where the consideration is payable to the issuer company on a deferred or future date (i.e. “ future consideration ”). However, it is not always easy to spot a scenario where future consideration is at play, often resulting in the relevant provisions of the Companies Act 71 of 2008 (Act) being overlooked. Several interesting issues regarding the interpretation of section 40(5) of the Act arise in thisregard.
Corporate & Commercial Law
5 min read
12 Dec 2024
by Allan Hannie and Luyolo Mfithi
What is BBBEE and why is it important?
South Africa is a country rich in diversity. This diversity extends not only to its natural environment but to its people and cultures. Apartheid subverted and stymied the development potential of this diversity by enabling laws and policies that oppressed and excluded the majority of its people, on the basis of racial classification, from effective political and economic participation.
Black Economic Empowerment (BEE)
9 min read
30 May 2024
by Clarice Wambua
Kenya unveils Carbon Market Regulations
The gazettement of the Climate Change (Carbon Markets) Regulations, 2024 (Regulations) on 17 May 2024, has set the stage for the regulatory oversight of carbon project development and management in Kenya. The Regulations have been enacted following a legal reform process that began with the amendment of the Climate Change Act, 2016 (Act) in 2023 to explicitly address carbon market concerns, and signal Kenya’s readiness to intensify efforts to take on opportunities presented by the global carbon markets. The Regulations introduce the key provisions outlined below.
Environmental Law
4 min read
4 Jul 2024
by Lebohang Mabidikane
Balancing acts: the double-edged sword of mergers in SA
Lebohang Mabidikane, Director in the Competition Law practice joined Rofhiwa Madzena on eNCA to discuss Balancing acts: the double-edged sword of mergers in SA.
Competition Law
06:26 Minutes