Never miss a beat on Africa's legal and regulatory landscape.
The Financial Intelligence Centre (FIC) has recently published various pieces of guidance and draft guidance relating to beneficial ownership and the Risk Management and Compliance Programmes (RMCPs) of accountable institutions. The draft guidance is currently undergoing ..
Considering the growing cannabis industry and the Government's active investment in cannabis production in South Africa, particularly in the Eastern Cape (donned as South Africa's primary cannabis production hub), it is apparent that cannabis has economic value to South A..
On 18 April 2024, the South African Reserve Bank (SARB) published its digital payments roadmap. The document entitled Digital Payments Roadmap: Towards Inclusive, Accessible, Effective and Sustainable Digital Payments in South Africa, sets out a 17-action item plan that t..
In a move towards fulfilling its international commitments and combating climate change head-on, South Africa has officially passed the Climate Change Bill. Both arms of Parliament - the National Assembly and the National Council of Provinces, unanimously approved this cr..
To enhance transparency, competitiveness, fairness and efficiency, the Johannesburg Stock Exchange proposes to introduce a market segmentation model for the JSE Main Board. This would create two segments: Main Board Prime and Main Board General. The Main Board General seg..
On 20 March 2024, the Competition Commission of South Africa published revised Public Interest Guidelines relating to merger control. The Revised Guidelines follow the Draft Public Interest Guidelines, which were published for public comment in October 2023. Although the ..
The earnings threshold will increase to R254 371.67 with effect from 1 April 2024, entitling employees falling below the threshold to stricter protections in terms of labour legislation. It is the fourth consecutive annual increase to the threshold (following a period of ..
A second customer notice from the CIPC reminds companies to file the required beneficial ownership and beneficial interest information and notes that enforcement action may be taken against continuously non-compliant companies. On 6 February 2024, the Companies and Intell..
South Africa will commence preferential trade under the Agreement Establishing the African Continental Free Trade Area (AfCFTA) on 31 January 2024. The United Nations Conference on Trade and Development (UNCTAD) predicts that the AfCFTA could boost intra-Africa trade by u..
