The Johannesburg Stock Exchange (JSE) is proposing amendments to the Listings Requirements and Debt Listings Requirements of the JSE (Listings Requirements). The proposed amendments remove the requirement for audit firms, individual auditors, reporting accountants, reporting accountant specialists and IFRS advisers to be accredited by the JSE(Auditor Accreditation Model).
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Chairman and senior partner, Ezra Davids, and partners, David Yuill, Nanga Kwinana and Ryan Wessels, wrote the South African chapter in Lexology’s Getting the deal through – Securities Finance 2023.
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The Employment Equity Amendment Bill of 2020 makes a number of controversial amendments to the Employment Equity Act 1998 with the Minister’s power to determine sectoral numerical targets for designated employers is under the spotlight. Answers to questions frequently being asked by clients are as follows.
Continue readingPresident Cyril Ramaphosa has signed the Employment Equity Amendment Bill of 2020 into law. It amends the Employment Equity Act 55 of 1998 (Act). The effective date is still to be proclaimed in the Government Gazette.
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South Africa is introducing new rules regarding the disclosure of beneficial ownership of assets as part of the measures to address its laws regarding anti-money laundering and the combatting of terrorism financing. The rules applicable to trusts and companies are not identical and persons who act as trustees of trust/s and as directors of company/ies, must ensure that they are familiar with both sets of rules.
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Our Ports, Transport and Logistics Sector Group is pleased to present the latest PTL news round-up covering the latest infrastructure and transport developments across Africa.
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