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The convergence of COVID-19 and force majeure
As the global community is grappling with COVID-19 and its ramifications, parties to commercial agreements have not been spared from panic in...
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Friends And Family May Turn To Foes – Be Careful Who You Appoint As An Executor
There are only two things in life that are inevitable, death and taxes. Taxes are debatable however death will come knocking on each and every one of our doors at some point in our life. This article is about making wise and responsible decisions prior to your death to ensure that you appoint an...
COVID-19 and what it means for tax in the mining industry
During the 21-day lockdown period, mining operations in South Africa will scale down significantly. The effect on deep-level mines will probably be most significant as coal mines supplying Eskom will continue to operate, albeit at a reduced level. According to the Mineral Resources and Energy...
COVID-19 VAT relief measures: Extension of time to export goods
On 26 March 2020, the South African Revenue Service (SARS) issued Binding General Ruling 52 (BGR 52) in which it provides some relief to exporters who are negatively impacted by the COVID-19 pandemic and the measures implemented by President Ramaphosa in this regard. BGR 52 extends the time...
What does the lockdown mean for current litigation matters?
On 23 March 2020, President Cyril Ramaphosa announced a nationwide lockdown commencing at midnight on 26 March 2020. In terms of the lockdown, everyone is to be confined to their homes for 21 days, save for certain workers involved in providing essential services. But what does all of this mean...
South African Labour Legislation and the Gig Economy: The Uber Case
In recent years, the world has seen a marked growth in a sub-category of the services sector which is often referred to as the “gig” or “collaborative” economy. It derives its name from the ad hoc nature of the work performed and is, by and large, a technologically driven environment in which...
Panic Is Close Second To The Corona Curse
It is understandable that business owners feel panicky because of the toll Corona is taking on business income. However, many businesses realise that if they implement wholesale retrenchments they will not only lose valuable skills but will also reduce the buying power of the public. This would...
Government and banks offer debt relief for businesses affected by Covid-19
As South African businesses suffer the impact of the Covid-19 pandemic and national lockdown, small businesses can apply for debt relief from most of the major South African banks and several State programmes. The Department of Small Business has announced multiple interventions to assist small...
Amidst growing economic uncertainty, new report details how foreign investments are protected in South Africa
Baker McKenzie’s newly published report - Preserve, Protect and Defend: Global Nationalization Risk - looks at, among other things, the treaty framework that underpins foreign investment decisions in numerous countries around the world, including South Africa. The report outlines how such...
What are the rights of Employees and Support Staff who work for Essential Services Providers during #COVID-19 lockdown?
As a result of the nationwide COVID-19 lockdown implemented this past week the Minister of Cooperative Governance and Traditional Affairs, Ms. Nkosazana Dlamini-Zuma (hereinafter referred to as “Zuma”) published the Government Gazette Regulations No. 11062 (hereinafter referred to as “the...
Spoor & Fisher is The Best Lawyers™ “Law Firm of the Year” 2020
Leading International Intellectual Property law firm Spoor & Fisher is proud to announce that it has been named the Best Lawyers international Law Firm of The Year 2020 for Intellectual Property, an accolade it has won twice this decade. The respected “Law Firm of the Year" is determined based on...
Draft Regulations For Trade Exposure Allowance And The Draft Regulations For The Greenhouse Gas Emissions Intensity Benchmarks
On 2 December 2019 the Department of National Treasury, in terms of the Carbon Tax Act 15 of 2019, published the draft Regulations for Trade Exposure Allowance (for purposes of section 10 of the Act) and the draft Regulations for the Greenhouse Gas (GHG) Emissions Intensity Benchmarks (for...
Covid-19: Impact on banks, non-insurance financial institutions & expectations on regulated entities
In response to the Covid-19 emergency, the South African Reserve Bank (Reserve Bank) and the South African financial sector regulators, the Prudential Authority and the Financial Sector Conduct Authority (FSCA), have implemented several mitigation measures to support the economy and companies. On...
Home sweet home…. But do you know who is lurking in your space?
Many people are changing their homes into smart homes. The smart home can be defined as a system of interconnected household devices capable of communicating with each other (through the internet) and collecting information by monitoring the behaviour of the home occupants in order to adapt the...
