Steps individuals and organizations can take to report suspicious and unusual transactions

Celebrating women's voices on International Women's Day 2024

International Women's Day (IWD) is a global day celebrating the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating gender parity.

Special Edition Alert | Budget Speech 2024

Your neighbour may take legal ownership of your property because of a boundary fence

In the decision of Burglar Alarm & Remote Control Services CC v Werner Brits 8917/2019 , the High Court in the Western Cape granted an application in which the plaintiff’s request, brought in terms of the Prescription Act 18 of 1943 and the Prescription Act 68 of 1969, sought to acquire a strip of land by way of acquisitive prescription.

Climate Change Act signed into law but not operative

Over six years in the making, the President signed the Climate Change Act 22 of 2024 into law on 23 July2024 

The New Labour Court and Labour Appeal Court Rules: Transitional Arrangements

The Rules Board of the Labour and Labour Appeal Courts drafted and adopted new rules for the Labour Court and the Labour Appeal Court ("Rules"). These Rules were published on 03 May 2024 in GN 50608. The Rules replace the existing Labour Court Rules, the Practice Manual of the Labour Court of South Africa ("Practice Manual"), and the existing Labour Appeal CourtRules.   

The impact of the fluctuation of the Kenyan currency with regards to investment in Kenya

The Kenyan shilling dropped significantly in value (by approximately 22%) against the US dollar between March 2022 and January 2024. During this period there was a continuous drop in value with the lowest rate being KES 160.80 per dollar in January 2024. Various factors have been attributed to the depreciation of the shilling against the dollar, including the COVID-19 pandemic, which affected the global economy; rapid monetary policy tightening by the US Federal Reserve; the Russia-Ukraine war and the subsequent sanctions against Russia which disrupted supply chains; drought; and the Kenyan Government’s heavy debt burden, which reduced Kenya’s reserves below the required level of not less than the value of four months’ worth of imports. In February 2024, the shilling gained against the dollar from KES 160 to KES 145 and, as at 6 March, the shilling stands at 142.8 against the dollar. It is not certain whether this upward trend will continue or if future declines/fluctuations are to be expected. In this article, we discuss the actions taken by the Government to mitigate this, look at the impact of fluctuation of the Kenyan currency on investments, and propose somesolutions.      Mitigation measures by the Government