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Understanding Strikes in South Africa: Insights for Employers

As South Africa grapples with a surge in industrial action and violent strikes, it is imperative for employers to stay abreast of South Africa's labour laws to mitigate risks effectively and to safeguard their interests.

Webinar Recording | Overview of the 2024 Budget Speech

Don’t panic, help is on the way: Incentives for electric vehicles

Climate change has been a hot topic for many years now. It is, therefore, probably understood by most (if not all) that the effects of climate change will worsen as long as greenhouse gases are added to the atmosphere. With no positive action to counteract or reduce the amount of greenhouse gas emissions, climate change extremities will worsen. As such, there is an urgent need to reduce greenhouse gas emissions and combat climate change globally.

Controlled foreign company rules: To outsource or not to outsource?

Over the last few weeks, the South African tax advisory and business community have on various platforms debated the Constitutional Court’s (CC) recent judgment in Coronation Investment Management SA (Pty) Limited v Commissioner for the South African Revenue Service ZACC 11. The CC held that the taxpayer, Coronation Investment Management SA (Pty) Ltd, had a foreign business establishment (FBE) in Ireland despite the Irish business outsourcing some of its functions. As a result, the CC held that the taxpayer was exempt from section 9D of the Income Tax Act 58 of 1962 (ITA), so that the (net) income of its Irish subsidiary, which is a controlled foreign company (CFC) under section 9D, was not subject to tax in South Africa.

Njeri Wagacha talks to Catherine Igathe

Njeri Wagacha talks to Catherine Igathe, Managing Director and Founder of Ortus Solutions Group Ltd.

Is there a Price to pay when entering an agreement subject to foreign law?

While legal proceedings may be instituted in South Africa pertaining to a dispute governed by foreign law, such proceedings may be practically cumbersome to prosecute in South African courts for various reasons, including: * additional cost to litigants in obtaining advice from foreign legal practitioners on the application of the particular foreign law to the dispute being determined before a South African judge; * additional cost to litigants for their South African legal practitioners to become au fait with that particular foreign law; * the possible appointment of an assessor to aid the judge appointed to determine the matter in accordance with that particular foreign law; and * the possible appointment of the matter to be case managed.