Kenya: submit a register of beneficial owners as soon as possible to ensure compliance
20 Oct 2020
BY Mahesh Acharya AND Faith Chebet
Kenyan companies are now required to submit details of their beneficial owners to the Registrar of Companies.
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When can an employer substitute the sanction of a disciplinary chairperson?
19 Oct 2020
The SA Labour Court had to determine whether the dismissal of two employees was unfair in circumstances where the employer had substituted a disciplinary chairperson’s sanction of a final written warning with that of dismissal.
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Independent contractor or labour broker? Court rules that substance over form is an essential factor
19 Oct 2020
BY Irvin Lawrence AND Muzi Mgabhi
The rapid increase in the utilisation of labour brokers (referred to as “temporary employment service” in the LRA) has prompted organised labour to call for stricter and more detailed regulation of their activities.
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Africa Business In Brief
issue 374 | 18 Oct 2020
issue 374
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Transfer pricing dispute resolution: what are the alternatives?
16 Oct 2020
BY Mark Badenhorst
Double taxation is the spectre that stalks the battlefield of transfer pricing disputes which cannot be satisfactorily resolved.
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Fundamental changes to South Africa’s exchange control system
16 Oct 2020
BY Lavina Daya
During the South African Budget Speech earlier in 2020, National Treasury proposed a complete overhaul of the exchange control systems.
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Africa tax in brief
16 Oct 2020
BY Celia Becker
The latest tax news and developments across Africa
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Dividends tax: proposed amendments to the taxation of manufactured dividends
16 Oct 2020
BY Magda Snyckers
In terms of the DTLAB, it is proposed that the amendments come into operation on 1 January 2021.
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Kenya’s first Data Protection Commissioner now nominated
15 Oct 2020
BY Mahesh Acharya
Kenya is one step closer to appointing its first Data Protection Commissioner.
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ENSafrica webinar | SOEs: Governance in the spotlight
15 Oct 2020
The governance challenges facing state-owned enterprises in South Africa.
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New white paper proposing changes to South Africa’s audio and audiovisual content services published for public comment
14 Oct 2020
BY Wilmari Strachan AND Jessica Steele
On 9 October 2020, the South African Minister of Communications and Digital Technologies published the Draft White Paper on Audio and Audiovisual Content Services Policy Framework: A New Vision for South Africa 2020.
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National Treasury postpones controversial proposed mining tax amendments
14 Oct 2020
BY Andries Myburgh AND Kristel van Rensburg
National Treasury has agreed to postpone the proposed amendments to allow for more investigation and detailed consultation with the mining industry and related stakeholders before any changes to the legislation are made.
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Excessive processing of employee personal information: a warning to South African employers
13 Oct 2020
BY Suemeya Hanif AND Kerry-Anne do Couto
A recent decision in Germany has resulted in a hefty fine being imposed on an employer for violations of the European Union’s GDPR. The decision is a strong warning to South African employers to not overprocess their employees’ information.
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Does a foreign lender to a Ugandan business require a licence?
13 Oct 2020
BY Phillip Karugaba , Rachel Musoke , Rehema Nakirya Ssemyalo AND Anita Kenyangi
The recent controversial decision in Ham Enterprises v Diamond Trust Bank (U) and Diamond Trust Bank (K) Ltd has shaken up Uganda’s banking and finance sector, with many foreign lenders demanding clarity on the matter.
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Unlocking Africa’s ESG potential
13 Oct 2020
BY James Brand AND Jessica Blumenthal
The adoption of environmental, social and governance (“ESG”) criteria is on the rise, unlocking capital for ESG compliant projects.
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