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South African Competition Law Updates...

The general effective date on which the Companies Act 71 of 2008 came into force was 1 May 2011.

We will soon be launching an informative guide on the current state of merger control competition regulation across Africa. The effective regulation of competition continues to be ...

Donald Nyakairu provides his comments on these new guidelines, which were introduced by the Bank of Uganda on 14 April 2020.

At the centre of the issue appears to be a commercial dispute with Woolworths, reportedly involving exclusivity arrangements and supply dynamics.

The Companies Act 71 of 2008 (Act) came into force on 1 May 2011 and with this, the dawn of a new era for corporate SA has arrived. The Act constitutes a major overhaul of many aspects of corporate law, such as new rules governing corporate finance, new business rescue provisions and a new statutory merger mechanism.

In some instances the board of directors is even required by the Act to take or refrain from taking certain action.

One of the duties imposed on a director of a company is the duty to avoid conflict of interest - this forms part of the director‟s fiduciary duties.

As South Africa gears up for the highly-anticipated national elections on 29 May, the nation stands at a crossroads, where decisions made will shape the country's trajectory for the next 5 years.

There is an interdependency between companies and South African society, which mirrors the African concept of Botho, otherwise known as Ubuntu, which translates to "I am because you are; you are because we are."

South Africa's Companies Amendment Act introduces sweeping changes to corporate governance, mandating individualised director remuneration disclosure and implementing a binding "say-on-pay" framework for public and state-owned companies.

When two parties conclude a contract, the terms and conditions of the contract are the rules that will govern the relationship between the parties.