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Never miss a beat on Africa's legal and regulatory landscape.

Bowmans

South Africa: Corporation for Deposit Insurance launched

On 25 April 2024, the South African Reserve Bank officially launched the Corporation for Deposit Insurance (CODI), which aims to protect bank depositors and enhance the public’s confidence in South Africa’s banking system. CODI was established as a legal entity, with effe..

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Cliffe Dekker Hofmeyr

New legislation: The criminalisation of hate offences and the workplace

On 9 May 2024, the Presidency reported that the President assented to the Prevention and Combating of Hate Crimes and Hate Speech Bill. The purpose of the Act is to give effect to constitutionally enshrined rights, including human dignity, equality and the right to freedo..

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Webber Wentzel

The JSE moves forward with its market segmentation proposals

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..

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Bowmans

South Africa: New rules for the Labour Courts – what employers need to know

On Friday, 3 May 2024, the much-anticipated new Labour Court and Labour Appeal Court rules were published in the Government Gazette. These rules replace the rules that have been in force since 1996, as well as the Practice Manual for the Labour Court which has applied sin..

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White & Case

Commentary on the Proposed Amendments to the PPP Regulations in South Africa

The South African Minister of Finance gazetted (in February 2024) proposed amendments to Treasury Regulations 16 (Reg 16) issued pursuant to the Public Finance Management Act, 1996 and Municipal Public Private Partnership regulations issued pursuant to the Municipal Finan..

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ENS

Social media influencer interdicted from defaming Native Child Africa

Earlier this year, the Pretoria High Court in Native Child Africa (Pty) Ltd v Akinwale reminded social media influencers to ensure that they understand the terms and conditions stipulated in the contracts they conclude with brands. In this case, Mary Oluwatobiloba Akinwal..

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Garlicke & Bousfield

Can affidavits be commissioned virtually?

The Covid-19 pandemic caused a rapid and widespread adoption of video conferencing platforms such as Teams and Zoom. As governments worldwide implemented social distancing measures and encouraged remote work, organisations swiftly turned to virtual collaboration tools to ..

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Bowmans

South Africa: A new era for electricity supply – a Hybrid Market

On Thursday, 14 March, the Electricity Regulation Amendment Bill was passed by the National Assembly and has been sent to the National Council of the Provinces for consideration. This is a significant step towards the Bill being passed into law and therefore amending the ..

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ENS

Key considerations and compliance challenges as South Africa introduces new "failure to prevent corrupt activities offence" in section 34A of the Prevention and Combating of Corrupt Activities Act

A significant recommendation of the State Capture Commission, the introduction of a failure to prevent corruption offence, has been introduced in South Africa with effect from 3 April 2024. The Judicial Matters Amendment Bill was passed by the National Council of Province..

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