The implications of OFAC sanctions on the Guptas
forensics
15 Oct 2019BY Steven Powell AND Edward James
Ajay Gupta, Atul Gupta and Rajesh Gupta and their close associate Salim Essa, sanctioned for their alleged involvement in what was described as a “significant corruption network”
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tax in brief | issue 37
tax
15 Oct 2019
tax in brief | issue 37
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privacy in brief | issue 1
15 Oct 2019
privacy in brief | issue 1
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Africa Business In Brief
issue 326 | 14 Oct 2019
issue 326
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Ugandan High Court sets guidelines for mortgagees exercising their right of sale of mortgaged property
African regulatory and business intelligence
08 Oct 2019BY Phillip Karugaba AND Anita Kenyangi
A recent Ugandan High Court decision has set out good practice requirements for a mortgagee in exercising their right to sell mortgaged land upon default by a mortgagor.
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Section 200B of the Labour Relations Act: The Labour Appeal Court’s interpretation
employment
08 Oct 2019BY Siphamandla Dube
One of the important amendments to the Labour Relations Act, 1995 (“LRA”) which came into effect on 1 January 2015 was the insertion of section 200B into the LRA. Section 200B of the LRA provides that:
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Why a comprehensive Incident Response Plan is worth the hack
technology, media and telecommunications (TMT)
08 Oct 2019BY Ridwaan Boda , Era Gunning AND Nicole Gabryk
South Africa has seen a massive spike in cyber-attacks in recent years, with a 22% increase in the first quarter of 2019 alone (according to Kaspersky Lab, a global security company).
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“Internet Censorship Bill” signed into law
08 Oct 2019
BY Wilmari Strachan AND Jessica Steele
On 2 October 2019, President Cyril Ramaphosa signed the Films and Publications Amendment Bill (“the Bill”) into law.
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ENSafrica facilitates the launch of Franklin Templeton hedge funds in South Africa
banking and finance
08 Oct 2019BY Jessica Blumenthal
Previously, foreign funds utilising leverage as an investment strategy were not permitted to solicit investment in South Africa.
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Africa Business In Brief
issue 325 | 07 Oct 2019
issue 325
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tax in brief | issue 36
01 Oct 2019
tax in brief | issue 36
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tax treatment of capitalisation of interest in Rwanda
tax
30 Sep 2019BY Dieudonné Nzafashwanayo
Financing transactions often involve the capitalisation of interest, i.e. adding unpaid interest to the principal loan amount, which increases the principal amount on which interest subsequently accrues.
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Africa Business In Brief
issue 324 | 30 Sep 2019
issue 324
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Zambia sales tax abandoned
tax
30 Sep 2019
The Zambian Minister of Finance in his 2020 Budget Speech of Friday, 27 September 2019, announced that the government is abandoning its plans to replace value added tax (“VAT”) with sales tax.
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Health Market Inquiry - presentation of the final findings and recommendations
competition/anti-trust
30 Sep 2019
The Health Market Inquiry (“HMI”) today released its final findings and recommendations pursuant to its almost six year long investigation into the healthcare industry.
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