Africa Business In Brief
issue 516 | 01 Oct 2023
issue 516
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ENS named 2023 African Tax Firm of the Year by the International Tax Review (ITR)
29 Sep 2023
ENS has been awarded African Tax Firm of the Year for 2023 at the prestigious ITR EMEA Awards. This remarkable recognition serves as a testament to our steadfast dedication to providing our clients with unparalleled tax services across the continent.
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Africa Tax in Brief
26 Sep 2023
BY Celia Becker
The latest tax news and developments across Africa
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Consequences for attorneys who abuse court processes
26 Sep 2023
BY Aslam Moosajee
Attorneys who abuse court processes may have costs awarded against them in their personal capacity and be disentitled to charge their own clients for work done.
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Snapshot: Mergers & Acquisitions in South Africa
26 Sep 2023
BY Doron Joffe , Cheván Daniels , Isaac Fenyane , Nkosi Tshabalala , Sanjay Kassen , Sanushka Chetty AND Tracy van Wyk
A look at the trends, challenges and opportunities shaping M&A in South Africa in 2023... so far.
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Africa Business In Brief
issue 515 | 24 Sep 2023
issue 515
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Non-joinders, substantial interest and party liability
19 Sep 2023
BY Aslam Moosajee AND Olonathando Nxumalo
The question of '"direct and substantial interest" in a non-joinder application lies in whether the relief sought, if granted, would prejudice the interest of another party that is not joined in the proceedings.
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An important judgment on the time bar in relation to B-BBEE regulations
19 Sep 2023
BY Aslam Moosajee AND Fathima Omar
The High Court reviewed and set aside a decision by the B-BBEE Commission regarding a fronting complaint.
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Sureties and guarantors: A gap in the law of guarantees
19 Sep 2023
BY Michael Papas
Does a guarantor who pays the debt of a principal debtor to the latter’s creditor also enjoy this right of recourse? Surprisingly, existing law offers no answer.
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Judgments dealing with press freedom and “gag” orders in South Africa
19 Sep 2023
BY Aslam Moosajee AND Fathima Omar
Attempting to interdict the media houses more often than not turns out to be a losing strategy, as it does not bring an end to defamatory claims and instead serves to reinforce them.
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Why companies need to properly document the loans they receive
19 Sep 2023
BY Phillip Karugaba
While loan documentation will seldom be an issue for commercial lenders, care should be taken to carefully document all loans taken from shareholders and less formal lenders, in order to avoid landing in hot water.
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Why South Africa should emulate Italy’s adoption of the new Italian Insolvency Code
19 Sep 2023
The new Italian Insolvency Code came into effect on 15 July 2022, effectively changing the status quo by attempting to resolve the financial distress of companies and minimise damage through restructuring outstanding debt
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Africa Climate Summit results in The Nairobi Declaration
19 Sep 2023
BY Binti Shah , Jean Makaka AND Minna Mumma
The inaugural Africa Climate Summit (“ACS") held in Nairobi earlier this month culminated with the adoption of the “African Leaders Nairobi Declaration on Climate Change giving one voice to the African continent regarding the climate change crisis.
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Can sustainable finance save our planet?
19 Sep 2023
BY Cheri Young AND Jessica Blumenthal
Financial institutions play a critical role in ensuring that the correct projects are funded, and appropriate risk-mitigation measures are implemented to buffer economies from the worst effects of climate change.
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Digital giants under the spotlight: South Africa's news media market inquiry
19 Sep 2023
The Media and Digital Platforms Inquiry (MDPMI) could significantly reshape the South African media landscape.
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