242018Apr
ESG in Private Equity: Investments that go beyond the financial impact

ESG in Private Equity: Investments that go beyond the financial impact

Tanya van Lill, CEO of SAVCA, recently addressed LEX Africa’s seminar on PE firms managing environmental, social and governance (ESG) investment considerations. “South African fund managers, traditionally, are more comfortable and au fait with incorporating ‘impact investing’ and environmental, social and governance (ESG) measures into their deals because of the fact that Financial Development Institutions…

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92018Apr
An Outlook on Africa 2018

An Outlook on Africa 2018

LEX Africa members from around the continent gathered at a seminar in Johannesburg to discuss Africa’s investment climate and private equity market, governance in Zimbabwe, and the future of Nigeria’s flourishing economy. Quality goods, policy reformation that addresses the challenges of doing business in Africa and a welcoming environment for foreign direct investors are just…

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262018Feb
SA: Broad-Based Black Economic Empowerment Commission (“Commission”) finalises its first case

SA: Broad-Based Black Economic Empowerment Commission (“Commission”) finalises its first case

On 23 January 2018, the Commission issued final findings against SAB & T BEE Services (Pty) Ltd (“SAB&T“) and Ms Shameema Ismail (“Ismail“). This is the first case that the Commission has finalised since it was established in April 2016 and resulted from a complaint lodged by Mr Keith Levenstein, the chairperson and founder of…

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92018Jan
A new international Arbitration Act for South Africa

A new international Arbitration Act for South Africa

The International Arbitration Act 15 of 2017 (“the Act”) was assented to by the South African President on 19 December 2017.  The Act was published in the Government Gazette on 20 December 2017 and became effective on that date. The Act provides for the incorporation of the UNCITRAL Model Law into South African Law and provides anew for the recognition and enforcement of…

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242017Nov
China seeks partnership with South Africa on electronics front

China seeks partnership with South Africa on electronics front

The country will be showcasing its electronic prowess at an expo in Johannesburg. More than 200 electronics companies from China and 11 local producers are expected to exhibit at the International Consumer Electronics Expo (ICEE) in South Africa. Addressing the media, representatives from the ANC’s Progressive Business Forum (PBF), the Gauteng Growth and Development Agency…

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182017Oct
Broad-based Black Economic Empowerment Commission announces investigations of Trusts used in B-BBEE ownership structures

Broad-based Black Economic Empowerment Commission announces investigations of Trusts used in B-BBEE ownership structures

On 7 August 2017, the B-BBEE Commission announced that it had initiated 17 investigations for possible contraventions of the Broad-Based Black Economic Empowerment Act (B-BBEE Act). Six cases deal with the use of trusts in B-BBEE ownership structures, 6 deal with B-BBEE verification agencies and 2 involve Government entities (Eskom and the South African Social…

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62017Oct
SA gears up for the International Gas Cooperation Summit

SA gears up for the International Gas Cooperation Summit

The conference hopes to bring together decision makers who can support the country’s desire to become a leading energy hub. International energy partners and South Africa’s Minister of Energy Ms Mmamoloko Kubayi are expected to meet in Durban in October, to explore the potential for the southern African country to build a stronger gas economy….

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72017Mar
High Court finds SA’s decision to withdraw from the ICC invalid and unconstitutional

High Court finds SA’s decision to withdraw from the ICC invalid and unconstitutional

President and Ministers of International Relations and Justice have been ordered to revoke the notice of withdrawal. The Pretoria High Court’s decision to rule the South African government’s withdrawal from the International Criminal Court as procedurally invalid and unconstitutional has been lauded by the opposing party. Deputy Judge President Phineas Mojapelo, in handing down judgment,…

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