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        <title>Polity.org.za | Bowmans</title>
        <description><![CDATA[We help our clients overcome legal complexity and unlock opportunity in Africa.

Our track record of providing specialist legal services in the fields of corporate law, banking and finance law and dispute resolution, spans over a century.]]></description>
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            <title>Financial statements – What businesses need to know for annual compliance</title>
            <link>https://www.polity.org.za/article/financial-statements-what-businesses-need-to-know-for-annual-compliance-2026-09-11</link>
            <description><![CDATA[The Companies Act, Cap. 486 (Act) imposes obligation on all registered companies to prepare and file financial statements annually as part of their statutory compliance requirements. These provisions are set out under sections 683 to 689 of the Act. While many companies comply with filing annual returns, compliance with financial statement filing is comparatively lower. This creates a compliance gap, as both requirements are equally mandatory under the law.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Bowmans</category>
            <pubDate>Fri, 11 Sep 2026 08:46:00 +0200</pubDate>
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            <title>Pre-eminence of Bowmans’ leadership across the continent highlighted at the African Legal Awards</title>
            <link>https://www.polity.org.za/article/pre-eminence-of-bowmans-leadership-across-the-continent-highlighted-at-the-african-legal-awards-2026-09-08</link>
            <description><![CDATA[African law firm Bowmans is in the awards spotlight once again after senior partners in Kenya and in South Africa took home top honours at the 2026 African Legal Awards ceremony held in Johannesburg on 4 September. Chairman and senior partner, Ezra Davids, was named Partner of the Year – Southern Africa, and senior partner in Kenya, Richard Harney SC, was named Partner of the Year – East Africa.]]></description>
            <author>Creamer Media Reporter  </author>
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            <pubDate>Tue, 08 Sep 2026 09:15:00 +0200</pubDate>
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            <title>Kenya: High Court holds that unlicensed lenders cannot sue to recover loan monies</title>
            <link>https://www.polity.org.za/article/kenya-high-court-holds-that-unlicensed-lenders-cannot-sue-to-recover-loan-monies-2026-08-28</link>
            <description><![CDATA[The High Court of Kenya has held, in Rei-Iman v Succeed Capital Ltd (Rei-Iman), that a lender operating without a licence under the Banking Act lacks the legal capacity, or locus standi, to institute or maintain proceedings to recover loan monies. The Court found that the lender was not licensed as a bank, microfinance institution or other financial institution, and, on that basis, set aside the Small Claims Court judgment entered in its favour. The ruling confirms that a judgment obtained by an unlicensed lender is a nullity, reinforcing the licensing requirements under the Banking Act. Lenders operating in Kenya without the requisite Central Bank of Kenya (CBK) licence risk being unable to enforce their loans or pursue recovery through courts, underscoring the need for careful structuring and regulatory due diligence.]]></description>
            <author>Creamer Media Reporter  </author>
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            <pubDate>Fri, 28 Aug 2026 10:05:00 +0200</pubDate>
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            <title>SA AI Association welcomes pre-eminent African law firm, Bowmans, to Advisory Board</title>
            <link>https://www.polity.org.za/article/sa-ai-association-welcomes-pre-eminent-african-law-firm-bowmans-to-advisory-board-2026-08-13</link>
            <description><![CDATA[The South African Artificial Intelligence Association (SAAIA) today announced that pre-eminent African law firm, Bowmans, has joined its Advisory Board. SAAIA is an industry body focused on promoting the advancement of responsible AI in South Africa by uniting practitioners across Commercial, Government, Academic, Startup and NGO sectors. With over 4 800 members it is the largest AI community in South Africa focused on Responsible AI adoption and dialogue.]]></description>
            <author>Creamer Media Reporter  </author>
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            <pubDate>Thu, 13 Aug 2026 11:07:00 +0200</pubDate>
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            <title>What must happen when bullying happens in the workplace?</title>
            <link>https://www.polity.org.za/article/what-must-happen-when-bullying-happens-in-the-workplace-2026-08-04</link>
            <description><![CDATA[What should employees do if they feel like they are experiencing bullying or any other form of harassment in the workplace and what duties do employers have in this regard?  An employee who feels bullied (Complainant) should first establish whether the conduct experienced amounts to bullying. In this regard, employers are obliged, in terms of the Code of Good Practice on the Prevention and Elimination of Harassment in the Workplace (Code), to put a harassment policy in place that would ...]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Bowmans</category>
            <pubDate>Tue, 04 Aug 2026 14:21:00 +0200</pubDate>
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            <title>South Africa: Draft Amended Code of Good Practice on the Preparation and Implementation of the ...</title>
            <link>https://www.polity.org.za/article/south-africa-draft-amended-code-of-good-practice-on-the-preparation-and-implementation-of-the-ee-plan-published-for-public-comment-2026-07-31</link>
            <description><![CDATA[On 24 July 2026, the Minister of Employment and Labour published the Draft Reviewed Code of Good Practice on the Preparation and Implementation of the Employment Equity Plan (Revised Code) for public comment. The Revised Code has been published under the Employment Equity Act 55 of 1998 (EEA), on the advice of the Commission for Employment Equity. The public has until 22 September 2026 to submit written comments.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Bowmans</category>
            <pubDate>Fri, 31 Jul 2026 09:21:00 +0200</pubDate>
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            <title>Mauritius: Privy Council confirms partial interest income exemption available to operating ...</title>
            <link>https://www.polity.org.za/article/mauritius-privy-council-confirms-partial-interest-income-exemption-available-to-operating-companies-with-incidental-lending-activities-2026-07-17</link>
            <description><![CDATA[The judgment in Alteo Energy Ltd and another v Director-General, Mauritius Revenue Authority [2026] UKPC 27 provides important clarity on the meaning of ‘core income generating activities’ for purposes of the substance-based exemptions that apply across multiple categories of income. In this case, the Judicial Committee of the Privy Council dismissed the Mauritius Revenue Authority’s (MRA) appeal and confirmed that a Mauritius-resident operating company receiving incidental interest income is entitled to the 80% partial exemption under item 7 of Sub-part B of Part II of the Second Schedule to the Income Tax Act 1995 (ITA). This is provided that it carries out the core activities generating that income in Mauritius with adequate substance.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Bowmans</category>
            <pubDate>Fri, 17 Jul 2026 11:01:00 +0200</pubDate>
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            <title>Labour inspectors can now also enforce timely payment of retirement funds contributions by employers</title>
            <link>https://www.polity.org.za/article/labour-inspectors-can-now-also-enforce-timely-payment-of-retirement-funds-contributions-by-employers-2026-07-17</link>
            <description><![CDATA[On 13 January 2026, the Minister of Employment and Labour withdrew the 2003 variation notice that had excluded the application of section 34A of the Basic Conditions of Employment Act, 1997 (BCEA) to employers and employees in respect of the payment of contributions to retirement funds regulated under the Pension Funds Act, 1956 (PFA). During the period of exclusion (which was for approximately 12 years), enforcement of the timeframes for payment of retirement fund contributions took place solely under the PFA. While the withdrawal may appear innocuous, it has potentially significant implications for employers who fail to pay over retirement fund contributions timeously (or at all), as it reopens an additional statutory avenue for liability and enforcement.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Bowmans</category>
            <pubDate>Fri, 17 Jul 2026 09:10:00 +0200</pubDate>
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