Today (9 November), the Johannesburg Stock Exchange, which operates Africa’s largest stock and bond exchange, launched its recently announced carbon market in collaboration with Xpansiv, an infrastructure provider for global environmental markets. The new market will operate under a separate entity called JSE Ventures and is intended to allow local participants to buy or sell carbon credits and energy certificates, that are held in either local or global registries.
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The Competition Commission has published Draft Amended Public Interest Guidelines relating to Merger Control are aimed at providing clarity to businesses and practitioners on the Commission’s approach to the assessment of the public interest factors under the merger control provisions in the Competition Act 89 of 1998. Whilst the Guidelines will not have the force of law, they are aimed at articulating the Commission’s approach to the merger control process in South Africa.
Continue readingThe long-awaited Climate Change Bill was passed by the National Assembly on 24Â October 2023 and now awaits National Council of Provinces concurrence and Presidential signature. This comes after a version was first published for comment on 8 June 2018, more than five years ago.
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Secondment arrangements are frequently and increasingly utilised by organisations operating in a global market, and with South Africa’s current skills shortage, they are an attractive option for local businesses. They can be equally attractive for employees who want to explore a new country and develop their experience.
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Partners Jutami Augustyn, Kate Peter, Naqeeba Hassan and Timothy McDougall wrote the South African chapter in Chambers and Partners Private Equity Guide for 2023.
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The workplace is a dynamic environment. Employers are constantly adapting to keep up to date with changes to employment laws and developing workplace trends, as well as demands and expectations of the workforce. As we get closer to the end of the year, we thought it an opportune time to reach out to our colleagues across the African continent for their forecasts for the workplace in 2024, both in terms of legislative developments and anticipated trends. This guide has been prepared with input from members of our Employment & Benefits Practices in all our Bowmans offices, and in collaboration with our alliance, relationship and other firms across the continent.
A copy of the guide is available here.
