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The opposition Democratic Alliance introduced the Ease of Doing Business Bill in Parliament in late February this year. The most significant objects of the cryptically titled bill are to...

The Competition Act 89 of 1998 ("Competition Act") regulates mergers between firms in a relevant market. Mergers are notifiable when there has been a change of control of a target firm to an acquiring firm...

In this edition of Back to Basics, we explore the importance of having clear termination provisions included in your contracts, specifically in the context of a master/framework agreement...

All businessmen conclude contracts, whether in terms of a formal written contract or a "gentleman's handshake". Businessmen often also wish to cancel contracts when the other party acts in breach of its contractual obligations.

One of the main objectives of the new Companies Act is to promote the development of the South African economy by simplifying the formation and maintenance of a company.

The President has proclaimed in the Government Gazette No. 51837 that certain sections of the Companies Amendment Act No. 16 of 2024 ("Amendment Act") and the entirety of the Companies Second Amendment.

South Africa's Companies and Intellectual Property Commission ("CIPC") has clarified the deadline for filing beneficial ownership ("BO") information.

On 2 September 2023, the Common Market of Eastern and Southern Africa Competition Commission (the "COMESA Commission") issued its first ever merger prohibition after considering...

The Companies Amendment Bill published in South Africa in July 2005, came as a surprise to those patiently waiting for the much-anticipated overhaul of the Companies Act.

In February 2023, two of Africa's largest economies, South Africa, and Nigeria, were placed on the Financial Action Task Force's* (FATF) Grey List, indicating strategic deficiencies in anti-money laundering...

The Companies and Intellectual Property Commission (CIPC) has implemented the requirement to upload the Beneficial Ownership (BO) information annually to CIPC.

Unlike its predecessors, the Companies Act 71 of 2008 does not contain a specific provision to the effect that whenever an incorporated company is plaintiff in litigation, any defendant can demand that that the plaintiff company put up security for costs (provided that there is reason to believe that the plaintiff company is unable to pay the defendant's costs, if successful).

The release of the King V Code on Corporate Governance has prompted boards across all sectors to take a fresh look at their governance policies and practices.

It has been suggested that provisions of the new Companies Act may trigger flight from boardrooms because careless behaviour could have catastrophic implications not only for the company, as seen in the collapse of Enron, Leisurenet and the like, but also for directors personally.

Since the promulgation of the Companies Act 2008 (the Act), there has been a lack of clarity regarding the effect of the reinstatement of a deregistered company in terms of the Act.

In an era marked by heightened environmental awareness and societal expectations, businesses are increasingly recognizing the importance of Environmental, Social and Governance...

In the Taxation Laws Amendment Bill released on 30 October, SARS introduced limits to the deductions that may be claimed by venture capital company (VCC) investors.