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Bigger role for Post Office planned

By Daily News Published on Friday, 22 April 2022
Tags: #Business & Industry Law
The government is proposing that all state institutions use SA Post Office (Sapo) services and infrastructure wherever possible in a bid to improve the stricken state-owned entity’s finances.

SCA upholds advertising body’s rights

By Daily News Published on Wednesday, 20 April 2022
Tags: #Business & Industry Law #Intellectual Property Law #Litigation
The SCA has upheld the authority of the Advertising Regulatory Board (ARB) to adjudicate on complaints by members that are also binding on non-members.

Crypto trader arrested after another fraud charge laid

By Daily News Published on Tuesday, 19 April 2022
Tags: #Banking & Finance Law #Business & Industry Law #Criminal Law
Sandile Shezi, the man who claims to be SA’s youngest self-made millionaire, was arrested last week for failing to pay back another alleged victim’s money.

ConCourt to hear World Cup stadiums cartel case

By Daily News Published on Tuesday, 12 April 2022
Tags: #Business & Industry Law #Constitutional Law #Litigation
The Competition Commission is taking its bid to prosecute Group Five for allegedly being part of a construction cartel that rigged tenders for Fifa 2010 World Cup stadiums to the Constitutional Court.

Judge reduces taxi operator’s fine

By Daily News Published on Tuesday, 12 April 2022
Tags: #Business & Industry Law #Criminal Law #Motor Vehicles
Taxi operator Xolani Dlamini – who had been ‘incorrectly sentenced’ for operating without a valid permit – will pay R6 000 less on a fine imposed by a lower court.

Mac Brothers placed in voluntary liquidation

By Daily News Published on Thursday, 07 April 2022
Tags: #Business & Industry Law #Insolvency Law #Litigation
Grand Parade Investments (GPI) has placed stainless steel catering and refrigeration equipment manufacturer Mac Brothers in voluntary liquidation in a bid to stem its losses.

SARS to apologise to staff impacted by Moyane tenure

By Daily News Published on Tuesday, 05 April 2022
Tags: #Business & Industry Law #General Legal Practice #Tax Law
SARS will be providing more reparations and apologies to current and former employees impacted by governance failures during Tom Moyane's controversial tenure as commissioner, reports Fin24.

Mango BRP threatens legal step over delayed payment

By Daily News Published on Tuesday, 05 April 2022
Tags: #Business & Industry Law #Insolvency Law
Mango's business rescue practitioner (BRP) has had to resort to a threat of legal action against the Department of Public Enterprises (DPE) and Treasury in an attempt to get outstanding promised government funding which the low-cost SAA subsidiary is still waiting for.

Moody’s upgrades SA’s credit rating

By Daily News Published on Monday, 04 April 2022
Tags: #Banking & Finance Law #Business & Industry Law
Moody’s Investors Service has upgraded its outlook on SA’s credit rating as high commodity prices support the government’s efforts to rein in debt and reduce budget deficits.

Post Office needs R1.6bn funding injection

By Daily News Published on Friday, 01 April 2022
Tags: #Business & Industry Law #General Legal Practice
Communications Minister Khumbudzo Ntshavheni says while the SA Post Office (Sapo) is not soliciting the support of Parliament for a R9bn bailout, it requires a R1.6bn funding injection.

Call for mandatory motor insurance to replace RAF

By Daily News Published on Friday, 01 April 2022
Tags: #Business & Industry Law #Motor Vehicles
SA’s Fuel Retailers Association has proposed scrapping the Road Accident Fund (RAF) in favour of a mandatory insurance scheme.

Developers seek leave to appeal Amazon ruling

By Daily News Published on Thursday, 31 March 2022
Tags: #Business & Industry Law #Litigation
The developer of Amazon's proposed African headquarters has said it has lodged leave to appeal a ruling suspending construction of the R4.5bn project.

UIF surplus decrease worries actuaries

By Daily News Published on Thursday, 31 March 2022
Tags: #Business & Industry Law #Employment and Labour Law
In a trend that may threaten the long-term future of the Unemployment Insurance Fund (UIF), it is paying out more than it received in contributions.

Futuregrowth warns of long battle over Acsa listing

By Daily News Published on Tuesday, 29 March 2022
Tags: #Business & Industry Law #Company Law #Litigation
Futuregrowth asset management has warned that the Airports Company SA (Acsa) could be headed for a long legal clash with its minority shareholders after the government reneged on its promise to privatise and list the airports operator.

Ramaphosa backs off 10-day Mkhwebane ultimatum

By Daily News Published on Monday, 28 March 2022
Tags: #Business & Industry Law #Litigation
Under a headline that shouts ‘Cyril caves in after PP’s legal note’, The Sunday Independent claims the President Ramaphosa has extended an olive branch to embattled Public Protector Busisiwe Mkhwebane by agreeing not to go ahead with his intention to suspend her, at least until the end of April.

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