Opinion and Analysis
SOUTH AFRICA: GOVERNMENT’S PLAN TO BOOST PRIVATE SECTOR INVESTMENT – PROPOSED AMENDMENTS TO THE PPP REGULATIONS
On 19 February 2024, pursuant to a review of public private partnerships (PPPs), National Treasury gazetted proposed amendments to Regulation 16, which will be out for public comment until 20...Fri, Mar 01, 2024
In a matter where we acted for the Appellant company (the Company), the Tax Appeals Tribunal (the Tribunal) recently issued a judgment reaffirming the position that grant income is not income...Fri, Mar 01, 2024
KENYA: TAX APPEALS TRIBUNAL ELABORATES ON RULES FOR DETERMINING MANAGEMENT AND CONTROL OF FOREIGN COMPANIES Tax
In a case we recently handled, the Tax Appeals Tribunal (the Tribunal) upheld an appeal lodged by a foreign company (the Company) on the question of whether its management and control was...Thu, Feb 29, 2024
SOUTH AFRICA: TAX COMPLIANCE AND BUSINESS RESCUE NAVIGATING RELIEF FOR FINANCIALLY DISTRESSED TAXPAYERS Restructuring, Tax
National Treasury may have thrown a lifeline to companies in business rescue in the 2024 Budget when it announced plans to review the circumstances under which SARS may decide to temporarily write...Tue, Feb 27, 2024
On 21 February 2024, South African Finance Minister Enoch Godongwana delivered his Budget Speech.
The Minister remains committed to the goal of raising an additional ZAR 15 billion in taxes that...Thu, Feb 22, 2024
MAURITIUS: CONSERVATORSHIP IN BANKING Banking and Financial Services Regulatory, Finance, Financial Institutions
The Bank of Mauritius has placed Silver Bank Ltd under conservatorship in accordance with Section 65 of the Banking Act. The last time that a bank was put under conservatorship in Mauritius was...Sat, Feb 17, 2024
SOUTH AFRICA: ANOTHER STEP CLOSER TO THE IMPLEMENTATION OF THE TWO-POT RETIREMENT SYSTEM: FSCA COMMUNICATION Employment and Benefits, Pensions Law
The Financial Sector Conduct Authority (FSCA) published the requirements for rule amendments to be submitted by retirement funds to give effect to the two-component retirement system (or more...Fri, Feb 16, 2024
SOUTH AFRICA: COMPETITION COMMISSION INTENDS TO LAUNCH AN INQUIRY INTO THE POULTRY VALUE CHAIN Competition
On 6 February 2024, the Competition Commission of South Africa (Commission) published Draft Terms of Reference (ToR) for a new market inquiry, into the South African poultry value chain (available...Wed, Feb 14, 2024
SOUTH AFRICA: REMOTE WORKING AND THE ‘DIGITAL NOMAD VISA’ – A STEP IN THE RIGHT DIRECTION Employment and Benefits
In the third article in our employee mobility series, we highlighted the opportunity for South Africa to become a jurisdiction of choice for employees wishing to work in the country for their...Mon, Feb 12, 2024
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BOWMANS EXPANDS INTO NAMIBIA
Leading African law firm, Bowmans, is expanding once again, this time into Namibia.
The firm has announced that it will join forces with Koep & Partners (Koep) from 1 March 2024, to establish a...29 Feb 2024 12:00
BOWMANS ANNOUNCES 13 PARTNER PROMOTIONS FOR 2024
Leading African law firm, Bowmans, has announced 13 partner promotions with effect from 1 March 2023.
The promotions span several of the firm’s key practice areas, including Competition,...28 Feb 2024 12:00
In the News
Our expert opinions are frequently sought by members of the press and we are regularly quoted on matters of the law. Press coverage featuring our spokespeople is available here.
Talk Radio 702: Roxanne Webster discusses the process of liquidation
THE VALUE OF KNOWING: Looking into the crystal ball of economic uncertainty – What can businesses in distress do?
Well-known South African journalist and radio presenter, Michael Avery, hosts a discussion with a range of business rescue, restructuring, and insolvency specialists, including Jo Mitchell-Marais,...