The Income Tax Act (Act) came into effect, exempting domestic shipping companies from normal tax, capital gains tax and dividends tax
Continue readingSouth Africa: Getting the Deal Through – Ports & Terminals 2016
There are eight ports in South Africa, the most recently developed of which is Ngqura, 25km north of Port Elizabeth.
Continue readingSouth Africa: Parent company guarantee held to be maritime claim
The Gauteng Division of the High Court highlighted the scope of the far-reaching South African admiralty jurisdiction.
Continue readingSouth Africa: Government proposes strategic partnership between the public and private sector
The Budget gives indications of where to start looking for opportunities. It has three key priorities in the restructuring of SOEs.
Continue readingSouth Africa: Tax focus in 2016 – What does the future hold?
A new Finance Minister promised a focus on fiscal consolidation and several key pieces of tax legislation in the coming months.
Continue readingSouth Africa: Delayed MPRDA Amendment Bill unfavourable
It is more than a year since the MPRDA Amendment Bill was referred back to Parliament by Jacob Zuma for reconsideration.
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