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On 15 October 2021 the Constitutional Court delivered a precedent setting judgement on the role of the competition authorities in promoting and protecting cornerstone socio-economic rights contained...

The Competition Appeal Court (CAC) recently reversed the Competition Tribunal's decision to conditionally approve the merger between Momentum Group Limited (Momentum) and African Life Health (ALH), in which Momentum acquired the entire share capital of ALH.

Since the inception of the Competition Commission in 1999 firms which meet certain turnover or asset values have had to notify the competition authorities of their intention to merge or face possible penalties of up to 10 per cent of their turnover and the prospect of having to unbundle their newly acquired business.

Having delivered an unprecedented systemic shock to economies across the world, the COVID-19 pandemic has precipitated sharp drops in M&A deal value and volume in Africa.

The Government of the Republic of Côte d'Ivoire sought to clarify whether OHADA Member States (Member States) retain the powers ...

The finance team has spent weeks refining next year's budget. At 10pm on a Thursday the non-executive chair e-mails it back – fifty edits, deep into operational detail.

With the introduction of business rescue by the new Companies Act (which came into effect on 1 May this year), a company director is obligated to either pass a resolution for business rescue or for liquidation, as soon as he or she becomes aware that the company is trading in a financially distressed situation or notify all stakeholders of the basis for not doing so.

Directors and Officers (D&O) insurance policies often exclude claims arising from actual or alleged contractual liability. These exclusions typically prevent coverage when the company...

Andersen in South Africa's Corporate, M&A practice is frequently consulted by clients requesting advice on corporate finance and securing optimal capital structures necessary for sustained growth and resilience.

On 9 September 2010 the Financial Intelligence Centre confirmed that the cash threshold reporting obligations imposed by the Financial Intelligence Centre Act, 2001 ("FICA") will come into operation this year.

Much of this growth is driven by a shift in strategy: international companies, particularly in the manufacturing sector, are seeking to acquire local businesses to manage costs, hedge against global volatility...

Section 22(1) of the Companies Act 71 of 2008 ("the Companies Act") makes provision for holding directors personally liable for the debts of their company,...

In the world of business, contracts are the lifeblood that keeps everything running smoothly. While it would be ideal if everyone upheld their obligations based on a simple handshake...

South Africa operates a system of exchange controls that seek to regulate the flow of capital in and out of the country.