Africa Business In Brief
issue 559 | 18 Aug 2024
issue 559
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ENS and The Legal 500 announce GC Powerlist East Africa 2024 winners
15 Aug 2024
ENS, together with The Legal 500, hosted the inaugural GC Powerlist: East Africa Awards at Villa Rosa Kempinski in Nairobi, Kenya on Wednesday, 14 August 2024.
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Rwanda’s Payment Service Providers must recategorise licenses by 18 September 2024, or risk license revocation
15 Aug 2024
Rwanda's financial services sector is undergoing a major transformation with the introduction of Regulation n° 74/2023, issued by the National Bank of Rwanda and will significantly impact all Payment Service Providers operating in the country.
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ENS recognised as a leading international law firm for India work by IBLJ for the 10th consecutive year
14 Aug 2024
ENS has been recognised once again by the India Business Law Journal (“IBLJ”) as one of the leading international law firms for India work in 2024. This honour places us in the Regional and Specialist category.
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Africa Tax in Brief
13 Aug 2024
BY Celia Becker
The latest tax news and developments across Africa
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Financial Services Tribunal reconsiders and overturns debarment decision
13 Aug 2024
BY Aslam Moosajee AND Inathi Mpapa
In a recent case, The Financial Services Tribunal ruled on an application challenging Momentum Insure's decision to debar a financial services representative for allegedly failing to meet the FAIS Act's standards of honesty and integrity.
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South African Mining: New Guidelines published (applicable to workplaces governed by the Mine Health and Safety Act, 1996)
13 Aug 2024
BY Willem le Roux , Pieter Colyn , Celeste Coles , Gerhardt Ehlers , Juanita Broom , Tyla Foster AND Warren Hendricks
The Chief Inspector of Mines has issued new guidelines and a guidance note in the Government Gazette, addressing ground vibration and safety standards, GBVF management and safety for women, and a quality assurance programme for occupational hygiene.
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Africa Business In Brief
issue 558 | 11 Aug 2024
issue 558
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A step in the right direction: SAHPRA issues draft B-BBEE Policy for licences
07 Aug 2024
BY Altair Richards , Witness Makhubele , Thina Ntsaluba , Mudiwa Runyowa AND Nkateko Hlongwane
On 5 July 2024, the South African Health Products Regulatory Authority issued a communication on its revised Broad-Based Black Economic Empowerment policy. Comments and submissions are invited until 9 September 2024.
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Contracting with Government: The prohibition on entry into multi-year expenditure commitments without parliamentary approval
06 Aug 2024
BY Phillip Karugaba AND Rehema Nakirya Ssemyalo
The PFMA regulates the collection, spending, and accounting of public funds. One key provision is that the government cannot enter financial commitments extending beyond one financial year without Parliament's approval.
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The aftermath of the CrowdStrike incident: the importance of proper business continuity planning
06 Aug 2024
BY Ridwaan Boda AND Alexander Powell
On 19 July 2024, a cybersecurity firm, CrowdStrike, released an update to a configuration file from its Falcon cybersecurity system causing the Windows operating system to blue screen and crash, leading to a worldwide IT outage.
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Generative vs Extractive AI
06 Aug 2024
BY Isaivan Naidoo AND Alexander Powell
Many companies are deploying generative AI tools after due diligence, but often find these tools don't provide a viable ROI because they aren't aligned with their use case.
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When is it considered “just and equitable” to stay arbitration proceedings
06 Aug 2024
BY Lesego Ralekoa AND Tshepo Mofokeng
Section 158(1B)of the LRA prohibits the Labour Court from reviewing decisions made during conciliation or arbitration proceedings by the CCMA or any bargaining council before the dispute has been finally resolved.
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ENS and Legal 500 to host inaugural GC Powerlist
06 Aug 2024
ENS, together with The Legal 500, will host the inaugural GC Powerlist: East Africa 2024 Awards at Villa Rosa in Nairobi, Kenya on Wednesday, 14 August 2024.
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Tax in Brief
06 Aug 2024
Issue 127 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.
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