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| | LINDSEY SCHUTTERS read |
| | ISSUED BY CAPITAL LEGACY read |
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Corporate & Commercial Law |
| NQOBILE DLUDLA Former Steinhoff chief executive Markus Jooste has been fined R475m ($25.15m) by South Africa's Financial Sector Conduct Authority for publishing false and misleading financial statements, the regulator said on Wednesday, 20 March 2024... Read |
| German software company, SAP, has been ordered by the Special Tribunal to pay some R500m to the Special Investigating Unit (SIU) within seven days following a settlement reached between the company and the unit... Read |
| ALISA MALINDI The Supreme Court of Appeal in Armitage NO v Valencia Holdings 13 (Pty) Ltd and Others [2023] considered an appeal from the full court of the High Court in relation to section 163(1) of the Companies Act... Read |
Criminal Law |
| ROB ROSE Steinhoff crash cost R200bn on JSE, halved Christo Wiese's wealth, hurt pension funds. Read |
| Former Steinhoff CEO Markus Jooste, involved in accounting fraud, reportedly died by suicide. Police investigation underway in South Africa... Read |
Environmental Law |
| Easter snoek shortage looms due to tightened regulations on small-scale fishers, delays in permits, and reductions in fishing capacity... Read |
| The Minister of Forestry, Fisheries and the Environment, Barbara Creecy, has extended the period for comments on the revised draft National Biodiversity Economy Strategy (NBES)... Read |
Land & Property Law |
| The National Council of Provinces, with eight provinces for and the Western Cape against, has adopted the Expropriation Bill. However, the legislation must return to the National Assembly for changes to be approved... Read |
| ISSUED BY NORTH-WEST UNIVERSITY (NWU) Members of the media are invited to the media launch of the World Intellectual Property Day (WIPD) Celebrations 2024... Read |
Law Practice |
| KYLIE SLAMBERT AND SAMANTHA WHITAKER South Africa is quickly becoming a leading jurisdiction in the arbitration sector... Read |
Legislation |
| On 26 March 2024, the National Assembly is set to pass the SAIDS Amendment Bill, aligning South Africa with global anti-doping standards... Read |
Media & Entertainment Law |
| KARABO LEDWABA The surprising mass adoption of ChatGPT by everyday users caught the founders off guard... Read |
Africa |
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| Research by Euromonitor International has identified South Africa as the leading apparel and footwear industry in sub-Saharan Africa... Read |
| Jordi Vila is a 30-year Nissan veteran with extensive experience in sales and marketing in leading roles both at regional headquarters and markets... Read |
| DUNCAN MIRIRI Kenya's KCB Group plans to sell National Bank of Kenya to a Nigerian buyer, driving KCB shares up 7%. Financial concerns cited... Read |
Business |
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| SIMON JESSOP Development lender British International Investment said on Monday, 25 March, it had agreed to a $100m finance facility with the Eastern and Southern African Trade and Development Bank to boost trade finance, farming and food security in the region... Read |
| 44% of South African consumers feel they are in a worse financial position compared to a year ago; 82% say that increased costs of living are to blame for their recent financial struggles; 62% state they are worse off due to the economic slowdown... Read |
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