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.
Continue readingSouth Africa: Sectoral targets in the Employment Equity Amendment Act – frequently asked questions
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 readingSouth Africa: Controversial changes to the Employment Equity Act signed into law
President 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.
Continue readingSouth Africa: New reporting requirements regarding beneficial ownership in relation to trusts
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.
Continue readingPorts, Transport and Logistics Sector News Round-Up 2/2023 (27 February – 30 March 2023)
As Africa’s infrastructure and transport sectors evolve rapidly, our PTL Sector Group presents Bowmans’ latest news round-up.
Continue readingAfrica: Behavioural investigations – shifting scrutiny from vertical arrangements to cartels
This is the third article in our series covering discussions from the Africa Competition Law Conference in February 2023.
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