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Unlawfully conducting the business of a bank can lead to your sequestration

19 Sep 2024
BY Aslam Moosajee AND Inathi Mpapa

In a recent judgment delivered by the Johannesburg High Court, the Prudential Authority instituted provisional sequestration proceedings in terms of sections 83(3)(b) as read with 84(1A)(c) of the Banks Act, 1991.
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The SCA ruled that directives issued by the South African Human Rights Commission are not binding

19 Sep 2024
BY Aslam Moosajee AND Olonathando Nxumalo

The Supreme Court of Appeal ruled that the South African Human Rights Commission cannot issue binding directives, only assist in securing redress through investigative and supportive measures.
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Reviews can’t revive a bad arbitration

17 Sep 2024
BY Jan Norval

In Samancor v NUM, the court stressed the importance of presenting all evidence at arbitration, as Samancor’s failure to do so led to its defeat.
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ENS welcomes Walter Amoko as an Executive in our Kenya office

17 Sep 2024

ENS has appointed Walter Amoko as an Executive in our Kenya office. Walter will head our dispute resolution practice in Kenya.
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ENS welcomes Geoffrey Muchiri as Executive in Kenya

17 Sep 2024

Geoffrey Muchiri has joined ENS as an Executive in our Kenya office. Geoffrey brings over 15 years of experience in dispute resolution, specialising in commercial law, insolvency and restructuring, civil law, insurance law, energy and maritime law.
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Introducing Diana Burger: New Executive in ENS’ Projects practice

17 Sep 2024

Diana Burger has been appointed as an Executive in ENS’ Project Development and Project Finance practice in South Africa. Diana brings over a decade of experience in both contentious and commercial legal matters.
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Sandya Booluck joins ENS as an Executive in our Competition practice

17 Sep 2024

Sandya Booluck has joined ENS as an Executive in our Competition practice, and will sit in our Mauritius office.
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Welcoming Davina Boodnah to ENS as Executive in our Mauritius Tax practice

17 Sep 2024

Davina, a Chartered Tax Adviser with significant experience in tax advisory, litigation and compliance, brings a wealth of expertise in Mauritian tax, alongside valuable international experience gained in the UK.
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Tax in Brief

17 Sep 2024

Issue 130 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.
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Are tax penalties a tax in Uganda?

17 Sep 2024
BY Phillip Karugaba , George Muthee AND Brian Sabare

In Black COB v Uganda Revenue Authority, the Tribunal ruled it had jurisdiction to hear an informer’s complaint, rejecting URA's argument that the dispute was contractual and should be heard by ordinary courts.
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50 shades of greylisting: When will South Africa meet the FATF requirements?

17 Sep 2024
BY Era Gunning

The FATF sets global AML/CTF standards. By June 2024, 108 of 133 reviewed countries were non-compliant. South Africa, grey-listed since February 2023, must address 22 deficiencies, with 8 resolved.
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Kenya in Brief

17 Sep 2024

Welcome to fourth issue of ENS' Kenya in brief, focusing on the latest legal and regulatory updates across Kenya’s corporate commercial and banking and finance industries.
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ENS receives top rankings across Africa from World Tax and Transfer Pricing 2025

16 Sep 2024

ENS has been recognised for its tax expertise in a number of African jurisdictions in the latest International Tax Review (ITR) 2025 World Tax Guide
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ENS recognised for leadership and development by the Social Impact Awards

16 Sep 2024

ENS has been recognised for our leadership and commitment to driving positive change within the legal industry
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Africa Business In Brief

issue 563 | 15 Sep 2024

issue 563
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