The South African Revenue Service released Binding General Ruling 54 on 22 June 2020, clarifying important aspects of the application of section 46 of the Income Tax Act regarding unbundling transactions and the distribution of unlisted shares. Denny Da Silva, Senior Tax Advisor in Johannesburg, outlines the details.
France, Italy, Germany, Spain, Russia and UK: Top digital health solutions Whether your company is new to the…
COVID-19 has led to an increase in online business dealings and transactions, which has resulted in a steady rise in cybercrime. Criminals are using techniques such as authorized push payment fraud to steal large sums of money from unsuspecting individuals and entities. Wian Steyn, Senior Associate, and Rui Lopes, Associate, in the Dispute Resolution Practice Group in Johannesburg, discuss how this fraud takes place, and the legal obligations and duties imposed on investment managers, investors and banks, to protect against it.
COVID-19 has led to an increase in online business dealings and transactions, which has resulted in a steady rise in cybercrime. Criminals are using techniques such as authorized push payment fraud to steal large sums of money from unsuspecting individuals and entities. Wian Steyn, Senior Associate, and Rui Lopes, Associate, in the Dispute Resolution Practice Group in Johannesburg, discuss how this fraud takes place, and the legal obligations and duties imposed on investment managers, investors and banks, to protect against it.
Numerous competition authorities in Africa are aware of the effects of unjustified price hikes and excessive pricing on…
To manage the risk of losing their human capital to competitors, certain employers have implemented no-poach agreements or clauses. Such agreements have triggered concern from competition authorities, including those in the US, and could be on the radar of South African competition authorities aiming to facilitate a fair labor market in South Africa post COVID-19. Lerisha Naidu, Partner, and Thato Mkhize, Candidate Attorney in Competition and Antitrust Practice Group in Johannesburg explain.
In brief On 25 May 2020, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has announced the gradual reopening of business activities in Dubai and removal of all movement restrictions between 6:00 am and 11:00 pm, as of…
In early March 2020, after COVID-19 had already begun its journey of destruction around the world, the European…
In brief Countries around the globe are facing unprecedented and rapid change due COVID-19. South Africa is no…
In brief Employers in South Africa resuming business operations under Level four of the government mandated lock-down should take heed of the Department of Health Guidelines for symptom monitoring and management of essential workers for COVID-19 related infections. These Guidelines are echoed in the COVID-19 Occupational Health and Safety Measures in…