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South Africa: Regulator’s response to the impact of COVID-19 on the retirement funds industry

banking and finance

31 Mar 2020
BY Arabella Bennett AND Leigh Sedice

The Financial Sector Conduct Authority (“FSCA”) has been proactive in responding to the threats posed to the retirement funds industry by the infectious disease caused by the Novel Coronavirus (2019-nCov) (“COVID-19”) pandemic affecting South Africa.
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South Africa: COVID-19, the Emergency Regulations and sectional title living

real estate / property

31 Mar 2020
BY Andrew Bembridge

The Regulations provide that every person is confined to his or her “place of residence” during the lock down period save for certain prescribed exceptions.
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South Africa: tips for essential service employees when being stopped by the police

dispute resolution

31 Mar 2020
BY Adam Lombard , Aslam Moosajee , Derek Wanblad AND Willem van der Colff

In response to the rapid spread of COVID-19, South Africa entered a lockdown period on 27 March 2020 and subject to any further directions from government, this period is due to last until midnight on 16 April 2020.
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South Africa: is there an obligation on employers to report and investigate incidents of occupational-acquired COVID-19 in the mining industry?

mine and occupational health and safety

31 Mar 2020
BY Willem le Roux , Pieter Colyn AND Tyla Foster

Is the employer obligated to notify the Principal Inspector of Mines of known cases of COVID-19 in the workforce?
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Will the end of (L)IBOR be delayed?

banking and finance

31 Mar 2020
BY Deborah Carmichael

Many banks and other financial services businesses and corporates have started preparing for life after the London Interbank Offered Rate (“LIBOR”).
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Mauritius: capital markets | practical considerations in the context of COVID-19

banking and finance

31 Mar 2020
BY Elsie Rasolohery Pascal

The COVID-19 outbreak is disrupting to businesses across industry sectors and jurisdictions. Below, we highlight a few considerations that are relevant to listed issuers.
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South Africa: time periods for civil proceedings during the lockdown period

dispute resolution

31 Mar 2020
BY Tumi Modubu

On 26 March 2020, the Minister of Justice and Correctional Services issued Directions in terms of Regulation 10 of the Regulations under the Disaster Management Act, 2002
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South Africa: digitisation in the time of COVID-19

technology, media and telecommunications (TMT)

31 Mar 2020
BY Ridwaan Boda , Rakhee Dullabh AND Daniel Mwale

. Irrespective of the external circumstances faced, organisations are being forced to find a way to ensure that they still remain in business. Technology is able restore economic equilibrium and ensure companies remain competitive
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South Africa: beware of what you post online about COVID-19

corporate commercial

31 Mar 2020
BY Rakhee Dullabh

The regulations issued on Wednesday, 18 March 2020, make it an offence for people to publish fake news or disinformation about Covid-19 online.
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South Africa: FSCA provides general guidance to financial institutions on COVID-19

banking and finance

31 Mar 2020
BY Jessica Blumenthal AND Johan Loubser

The circular sets out at a high level the expectations of the FSCA relating to the culture and responsibilities of financial institutions during the crisis. It does not have the force of law.
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South African Mining Industry: is there an obligation on employers to report and investigate incidents of occupational-acquired Covid-19?

mine and occupational health and safety

31 Mar 2020
BY Willem le Roux , Pieter Colyn AND Tyla Foster

the employer is required to notify the Principal Inspector of Mines of any occurrence at the mine that results in the illness of any person
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South Africa: COVID-19 | tax relief measures

tax

31 Mar 2020
BY Robert Gad AND Jo-Paula Roman

On Monday, 23 March 2020, the President of South Africa announced a 21-day nationwide lockdown, with effect from midnight on Thursday, 26 March 2020.
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Uganda: legal implications of Coronavirus (COVID-19)

27 Mar 2020
BY Phillip Karugaba

As the country grapples with COVID-19, various directives are being issued by different authorities.
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Africa: Coronavirus (COVID-19) Government Portals

27 Mar 2020

Africa: Coronavirus (COVID-19) Government Portals
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South Africa: travelling and movement during lockdown

corporate commercial

27 Mar 2020
BY Altair Richards , Pippa Reyburn AND Rakhee Dullabh

SA entered its first day of lockdown on 27 March 2020 in response to the rapid spread of Covid‑19. This lockdown will last until 23h59 on Thursday, 16 April 2020. During this time, all movement of persons will be restricted.
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