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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142017Nov
The best African countries to do business in

The best African countries to do business in

The latest report from the World Bank Group ranks Mauritius among the best for doing business in Sub-Saharan Africa. The World Bank’s flagship report, Doing Business 2018: Reforming to Create Jobs, has named Mauritius as the best ranked economy for doing business in Sub-Saharan Africa. Released at the end of October, the annual report took…

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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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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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212017Feb
South Africa: New procurement regulations promote Broad Based Black Economic Empowerment

South Africa: New procurement regulations promote Broad Based Black Economic Empowerment

New regulations in terms of the Preferential Procurement Policy Framework Act (“PPPFA“) have been published and will take effect from 1 April 2017. The regulations replace the previous 2011 regulations and introduce several important changes which have significant implications for firms contracting with the Government and parastatals. The PPPFA regulations apply to procurement by “Organs of…

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62017Feb
Mining Charter ‘merely in draft form’

Mining Charter ‘merely in draft form’

Much controversy surrounds the April 2016 publication of the draft reviewed Mining Charter, but law firm Werksmans Attorneys reminds concerned stakeholders that it is still “merely in draft form”. Extensive comments were furnished from various industry stakeholders after the publication of the draft reviewed Mining Charter. Furthermore, there has been extensive deliberation between the Chamber…

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