Our team acts for a leading South Africa-based financial advisory services company
Our team acts for a leading South Africa-based financial advisory services company
Our team acts for a leading South Africa-based financial advisory services company in opposing a class action suit launched against several respondents who represent classes of shareholders in a defunct manufacturing and retail group.
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by Njeri Wagacha, Martha Mbugua and Brian Muchiri
The Competition Authority of Kenya imposes the highest penalty in history for anti-competitive behaviour
On 23 August 2023, the Competition Authority of Kenya (CAK) made a landmark announcement, revealing its imposition of a record penalty on nine (9) steel manufacturers totalling KES 338,848,427.89, the highest fine the CAK has meted out to date for engaging in price fixing and output restriction. In addition to the financial penalties, the CAK has mandated these companies to cease any participation in anti-competitive activities going forward. It has also required them to establish robust competition compliance programs to ensure adherence to fair market practices.
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11 Oct 2023
by David Thompson, Muzammil Ahmed and Lara Sneddon
Agribusiness acquisitions: What to know before you buy
While each business acquisition is unique, acquiring an agri-business raises some specific, important issues. These should always be considered and dealt with to some extent in the relevant sale agreement/s. In this alert, we briefly explore five of these issues. The structure of the deal will influence the wording of the relevant clauses but not the principles involved.
Agriculture, Aquaculture & Fishing
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10 Jul 2023
by Fiona Leppan and Kerah Hamilton
Blowing the whistle: Informant reform in South Africa
Justice Minister Ronald Lamola has promised greater protection for whistleblowers in South Africa, with the Department of Justice and Constitutional Development releasing a discussion paper on proposed reform and opening recommendations for public comment.
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22 Apr 2024
by Mongezi Mpahlwa
We need business rescue to combat extreme rise in liquidations
Mongezi Mpahlwa, Director of our Dispute Resolution practice joined Tumisang Ndlovu on Newzroom Afrika to discuss the need for business rescue to combat the extreme rise in liquidations.
Business Rescue, Restructuring & Insolvency
09:40 Minutes
21 Jul 2023
Leadership evolution within the ranks at Cliffe Dekker Hofmeyr
Cliffe Dekker Hofmeyr (CDH) announces significant leadership shifts in its industry-leading Corporate & Commercial (C&C) practice, and its Mining & Minerals sector, effective 1 July 2023.
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The discretion of a commissioner to dismiss a matter and the amended CCMA rules
Section 138(5)(a) of the Labour Relations Act 66 of 1995 (LRA) provides a commissioner with the power and discretion to dismiss a matter in instances where the referring party fails to appear for the arbitration. In 2021, the Labour Court in Solomons v Food Lovers Market, Kempton Park (JR99/2021) diluted a commissioner’s power to dismiss a matter in these circumstances.
Employment Law
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