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Pinsent Masons

South African Company Directors Must Understand Amendments to Delinquency Provisions

Company directors in South Africa must manage company affairs carefully, in a proper manner consistent with the Companies Act No.71 of 2008 and upcoming amendments, in order to avoid being declared delinquent or under probation... Certain amendments have recently been int..

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Scanlen & Holderness

Zimbabwean Companies Obliged to Re-Register Under New Electronic Filing System

Pursuant to the Companies and Other Business Entities Act, the registration process in Zimbabwe has been transformed from a manual paper-based system to an electronic filing system. All companies and business entities previously registered under the repealed Companies Act..

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Templars

Regulating Corporate Philanthropy Through the Corporate Social Responsibility Bill, 2023

The Corporate Social Responsibility (CSR) Bill, 2023, introduces mandatory CSR requirements for Nigerian companies that meet specific financial thresholds. If passed, companies will need to establish a CSR committee, notify the Corporate Affairs Commission (CAC), and allo..

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CGA

Electronic Transactions in the Mozambican Legal System

The fast-paced evolution of information and communication technologies has brought a notable change in how operations and interactions occur, mainly through the growing use of the Internet, digital platforms, and electronic services. This new reality naturally calls for t..

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CFL Advocates

Understanding Corporations Under the Sectional Property Act 2020

The enactment of the Sectional Properties Act 2020 and the gazettement of the Sectional Properties Regulations 2021 brought about numerous changes in the ownership of sectional titles including establishing corporations to administer common areas amongst other functions.<..

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Fasken

Fault Not Always a Requirement for Liability: A Caution to Directors

The directors of a company are required to perform their duties in compliance with the Companies Act 71 of 2008, failing which they may incur personal liability. In addition to the Companies Act, directors of listed companies must ensure that they also comply with the rel..

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BLC Robert

The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act – Beneficial Ownership Information

The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act was passed by the National Assembly on 18 July 2024. The Act amends a series of legislation to ensure that the country further complies with international ..

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Orison Legal

Finance Act 2024: An Overview for Businesses

The Finance (Miscellaneous Provisions) Act 2024 was gazetted on 27 July 2024. It legislates the measures announced in the Minister of Finance’s Budget Speech 2024-2025. This article aims to highlight the key provisions that affect the business community.

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Bowmans

South Africa: The Companies Amendment Bills Have Been Signed into Law

The long-awaited First and Second Companies Amendment Bills were signed into law by the President according to a Presidential announcement on 26 July 2024). The most material changes introduced by the Bills are those pertaining to remuneration disclosures and, from an M&a..

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