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        <title>Polity.org.za | Werksmans</title>
        <description><![CDATA[Above-and-Beyond Approach Ensures Optimal Outcome That Position Our Clients For Success. We Deliver A Unique Client Experience, Going Far Beyond The Application Of Law. Solution-driven Thinking. Corporate and Commercial. Unrivalled Expertise.]]></description>
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            <title>Franchisors Beware! The Competition Commission may come knocking soon</title>
            <link>https://www.polity.org.za/article/franchisors-beware-the-competition-commission-may-come-knocking-soon-2026-07-01</link>
            <description><![CDATA[The franchising industry has long been a bone of contention at antitrust authorities worldwide. Franchisees often complain to competition regulators about their treatment by franchisors. However, in South Africa no such complaints have as yet resulted in finalised enforcement activity by the Competition Commission. This may soon change. On 26 June 2026, the Commission published draft Terms of Reference (“ToR“), signalling its intention to launch a market inquiry into the franchise sector in South Africa (“Market Inquiry“). Reasons for the market inquiry]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Wed, 01 Jul 2026 13:47:00 +0200</pubDate>
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            <title>Remuneration governance under the amended Companies Act: A closer look at some of the key questions</title>
            <link>https://www.polity.org.za/article/remuneration-governance-under-the-amended-companies-act-a-closer-look-at-some-of-the-key-questions-2026-07-01</link>
            <description><![CDATA[On 22 May 2026, a proclamation by President Ramaphosa enacted amendments to the Companies Act 71 of 2008 (“Companies Act”) that impact remuneration governance for public and state-owned companies. Two long anticipated sections are now in force: Section 30A imposes a statutory duty to prepare a remuneration policy (“Policy”), and section 30B requires companies to prepare an annual remuneration report (“Report”). Both the Policy and the Report must be presented to shareholders for approval by ...]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Wed, 01 Jul 2026 10:44:00 +0200</pubDate>
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            <title>The shift in the evaluation criteria in South African public procurement</title>
            <link>https://www.polity.org.za/article/the-shift-in-the-evaluation-criteria-in-south-african-public-procurement-2026-06-29</link>
            <description><![CDATA[South Africa is in the midst of what could prove to be one of the most significant reforms of its public procurement framework since democracy. Or it may not be, depending on what the Constitutional Court decides. The Public Procurement Act 28 of 2024 (“the Act“) was assented to by the President on 18 July 2024 and published in Government Gazette No. 50967 on 23 July 2024, but it is not yet in force. Until it is, procurement decisions remain governed by the Preferential Procurement Policy Framework Act 5 of 2000 (“PPPFA“), the Public Finance Management Act 1 of 1999 and the Municipal Finance Management Act 56 of 2003, including the 90/10 and 80/20 preference point systems set out in section 2 of the PPPFA.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Mon, 29 Jun 2026 11:05:00 +0200</pubDate>
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            <title>Does the Public Procurement Act provide for an effective dispute resolution mechanism?</title>
            <link>https://www.polity.org.za/article/does-the-public-procurement-act-provide-for-an-effective-dispute-resolution-mechanism-2026-06-29</link>
            <description><![CDATA[The National Treasury published the draft General Public Procurement Regulations and draft Public Procurement Tribunal Regulations (“Draft Regulations“) for public comment as contemplated in section 63 of the Public Procurement Act, 2024 (“Act“). The Constitutional Court recently heard a challenge to the Act’s validity. Together, that challenge along with the publication of the Draft Regulations have placed ongoing conversations on the operation of the Act back in the forefront. In this article we draw specific focus on the dispute resolution mechanism contemplated in Chapter 6 of the Act. The Act introduces a two-layered dispute resolution mechanism which allows bidders to challenge the decision of an organ of state to award a bid to another competing bidder.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Mon, 29 Jun 2026 11:04:00 +0200</pubDate>
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            <title>Business rescue recapitalisations upheld: the legal and commercial significance of White Rivers ...</title>
            <link>https://www.polity.org.za/article/business-rescue-recapitalisations-upheld-the-legal-and-commercial-significance-of-white-rivers-exploration-v-polsun-2026-06-17</link>
            <description><![CDATA[The Gauteng High Court, Johannesburg, has delivered an important judgment in White Rivers Exploration Proprietary Limited v Polsun Limited, reaffirming the power of an adopted business rescue plan to fundamentally reshape a company’s equity structure. The decision will be of interest not only to business rescue practitioners, but also to lenders, investors and shareholders involved in distressed restructurings. At its core, this case concerned a familiar commercial problem. A financially distressed company required fresh capital if it was to survive, which solution was not simply an operational turnaround or a compromise of debt. It was a full recapitalisation: all of the existing issued shares were to be cancelled and new shares issued to an incoming investor as part of the rescue funding package. The Court described this mechanism as lying “at the very heart of the restructuring” and as the commercial quid pro quo for the capital required to rescue the company.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Wed, 17 Jun 2026 10:26:00 +0200</pubDate>
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        <editor>Creamer Media Reporter  </editor>
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            <title>The Concept of “Need” in South Africa’s Healthcare Framework: From Certificates of Need ...</title>
            <link>https://www.polity.org.za/article/the-concept-of-need-in-south-africas-healthcare-framework-from-certificates-of-need-to-national-health-insurance-accreditation-2026-06-15</link>
            <description><![CDATA[On 18 May 2026, the Constitutional Court (“CC”) in Solidarity Trade Union and Others v Minister of Health and Others confirmed the invalidity of the Certificate of Need (“CoN”) provisions contained in sections 36 to 40 of the National Health Act (“NHA”). The CC found that the CoN provisions were irrational and unjustifiably limited the right to choose a trade, occupation or profession freely. The CC’s invalidity confirmation has prompted closer examination of the role that the concept of “need” plays within South Africa’s healthcare legislative framework.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Mon, 15 Jun 2026 14:09:00 +0200</pubDate>
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            <title>Merger condition compliance: Proposed Rule 39 amendment brings improvements to process but ...</title>
            <link>https://www.polity.org.za/article/merger-condition-compliance-proposed-rule-39-amendment-brings-improvements-to-process-but-shifts-the-burden-of-proof-to-merged-entities-2026-06-04</link>
            <description><![CDATA[Key implications of the proposed amendment to the procedure that will be followed by the Competition Commission when firms subject to merger conditions (“merged entities“) are believed to have breached those conditions. Introduction]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Thu, 04 Jun 2026 11:00:00 +0200</pubDate>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Cryptocurrency is money and capital for exchange-control purposes</title>
            <link>https://www.polity.org.za/article/cryptocurrency-is-money-and-capital-for-exchange-control-purposes-2026-06-04</link>
            <description><![CDATA[1. Introduction 1.1. This case involved Mr Mangundhla and Ms Dangaiso, who both had trading accounts on the Luno platform, a well-known cryptocurrency trading platform. Ms Dangaiso does not trade in cryptocurrency, but her involvement in the case arose solely from the fact that Mr Mangundhla used her account to circumvent the limit that would ordinarily apply to the trades he could carry out using his account alone. Mr Mangundhla traded in cryptocurrency quite lawfully for an extended period between April 2015 and December 2017. However, from January 2018, Mr Mangundhla’s behaviour on the accounts changed. Between January 2018 and March 2020, Mr Mangundhla used the accounts to ‘funnel’ just under 1680 Bitcoin purchased in the Republic of South Africa (“South Africa“), worth just under R182 million, to Bitcoin wallets that were only accessible through cryptocurrency exchanges registered outside South Africa.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Thu, 04 Jun 2026 10:57:00 +0200</pubDate>
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