Over the past few months, we've had the pleasure of working with Shell Foundation, EchoVC, Briter Bridges and TripleLine to interrogate why there is a demographic imbalance of funding towards start-ups in Africa.

If you're an entrepreneur looking to open a business in a post-Covid world should you launch your business in South Africa before expanding overseas...

A number of tax rate increases were announced in the 2017 Budget Review on 22 February 2017. These may impact directly on investment yields and re-investment base of investors.

The Venture Capital Company tax regime is regulated by section 12J of the Income Tax Act, 58 of 1962 which was first introduced 2009 in order to encourage investments into privately owned businesses.

In our recent newsflash we commented on the new deduction limits for investors in venture capital companies (VCCs), as included in the Taxation Laws Amendment Bill (TLAB) released on 30 October 2019

The most significant proposals in the 2018 Budget Review will probably affect all taxpayers in South Africa, not only those with accumulated wealth.

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.

Large capital projects, with their multi-year timelines, changing requirements and complex procurement issues, are inherently risky, warns PwC.

Two recent amendments to the Income Tax Act reflect a policy of encouraging the development of small enterprises.

India has become one of the leading investors on the African continent, with investments in joint ventures and wholly-owned subsidiaries touching the US$33 billion mark.

M&A activity in Africa experienced a sharp decline in 2023 when compared to 2022. Key factors which contributed to the slowdown in M&A activity in 2023...

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

It appears as if interest in making use of the venture capital company tax incentive is increasing. BPR274 deals with an investment by a venture capital company in a solar electricity generation business.

"It is truly astonishing how often businessmen conduct their affairs, involving at times huge financial interests, on the strength of crude and vague agreements and then ‘rely on hope, good spirits...

In the calendar year 2012, the local private equity industry added 10.4% to its total funds under management, which closed at R126.4 billion.

On the 26th of April 2023, the world celebrated World Intellectual Property Day.

At the heart of many entrepreneurial ventures lies a handshake, a shared vision, and, sometimes, a lack of formal paperwork.

In this article, we briefly consider some of the possible South African tax implications that may arise pursuant to the utilisation of the various types of crowdfunding that have lately been gaining traction in South Africa.

Before dealing with these trends, we first set out the proposed transaction in BPR 274.

In terms of section 12J of the Income Tax Act 58 of 1962 (Act), put simply, a person who invests in an approved "venture capital company" ...