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Finance Law Update – May 2010 (No 1)

Under the existing companies act, a foreign company (defined as a "external company") is required to register in South Africa with the South African companies regulatory authority (CIPRO) after the...

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Finance Law Update: June 2010 (No 1)

The South African government proposes substituting the Companies Act, 1973 (the "existing act") with the Companies Act, 2008 (the "new act") later this year.

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Finance Law Update: June 2010 (No 2)

The National Treasury has published a draft Taxation Laws Amendment Bill 2010 together with a draft Explanatory Memorandum dealing with proposed amendments to the Income Tax Act, 1962.

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Finance Law Update: July 2010

This article deals with provisions in the Companies Act, 2008 (the "new Act") relating to recording and disclosure of information relating to beneficial interests in securities. The South African...

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Finance Law Update: September 2010

Company law - Draft legislation - Companies Amendment Bill 2010 The Companies Amendment Bill 2010 (the "Companies Bill") contains proposed amendments to the Companies Act, 2008 (the "new Act"). It has...

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Finance Law Update: October 2010

The South African Reserve Bank Act, 1989 which provides for the establishment, control and management of the South African central bank - called the Reserve Bank of South Africa ("Reserve Bank") - has...

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Finance Law Update: April 2011

The Consumer Protection Act, 2008 (the “Act”) is to be implemented in two phases: The provisions relating to the appointment of officials, the establishment of an administration and the making of...

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Finance Law Update – September 2011

In the case of Oilwell (Pty) Ltd v Protec International Ltd & others [2011] JOL 27137 (SCA), the Supreme Court of Appeal decided that a transaction concluded in contravention of the Exchange...

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