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According to recent reports, startups in South Africa raised over $832m in 2021.

In terms of section 21B of the Financial Intelligence Centre Act 38 of 2001 ("FICA"), as amended by the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022...

The proposed changes to the Broad-Based Black Economic Empowerment ("B-BBEE") codes now intend to make "ownership" a compulsory priority element.

Due to the current trying economic times, companies will be required to perform a balancing act to ensure that their businesses survive the harsh economic realities facing them, while achieving their BEE targets set out in our empowerment laws.

Projects in Africa (notably in the Agri-space) struggle to reach financial close and scale not because of a lack of demand or technical promise...

These are among the questions facing many South African taxpayers – and for a growing number, the answer lies in offshore trusts.

On 31 October 2019, the Financial Surveillance Department of the South African Reserve Bank ("Reserve Bank") released Circular 18/2019 stating that the loop dispensation currently available ...

The effect of a liquidation order is to crystallise an insolvent company's position in time and to ensure that no further transactions can be concluded by that entity.

In terms of section 64E(1)(a) of the Income Tax Act 58 of 1962 ("the ITA") dividends tax at a rate of 20% must be paid when a South African company declares and pays a dividend.

In recent years, SARS' has become increasingly litigious, resulting in disputes often ending up in the Tax Court or the High Court. Such a dispute will generally arise when a taxpayer...

On 12 May 2025, the Supreme Court of Appeal ("SCA") delivered a notable judgment clarifying the treatment of tax liabilities and Value Added Tax ("VAT") refunds in the context of business rescue proceedings.

The draft Companies Bill contemplates the introduction of a new concept into the South African law of mergers and acquisitions, namely amalgamations. Although one has always spoken about mergers and acquisitions, the reality is that South African law did not ever permit a merger in the true sense of the word but rather dealt only in acquisitions.

It is trite that where the board of a company wishes to make any distribution to its shareholders the board will be required, prior to the company making such distribution, to acknowledge

The new Companies Act is due to come into effect on 1 April. It is vital for companies to identify the practical steps that need to be taken to ensure a smooth transition from the old Act to the new one before this date.

There are many lessons to be learnt from the ongoing Kebble saga. One of the most practical lessons emerges from the recent judgment in “Letseng Diamonds Ltd v JCI Ltd” regarding the governance of companies and the position of shareholders in relation to the company and its directors.

The first Supreme Court of Appeal decision on the oppression section of the new Companies Act of 2008.

This week marks the start of the 2021 United Nations Climate Change Conference, also known as COP26, to be held in the city of Glasgow, Scotland