CDH represented Nedbank Limited acting through its Nedbank Corporate and Investment Banking division
- Home
- Home
- CDH represented Nedbank Limited acting through its Nedbank Corporate and Investment Banking division
CDH represented Nedbank Limited acting through its Nedbank Corporate and Investment Banking division
CDH's Banking, Finance & Projects, and Public law teams based in Cape Town assisted Nedbank Limited, acting through its Nedbank Corporate and Investment Banking division, in the successful closing of a R3,5 billion loan facility provided by Nedbank to the City of Cape Town. The City of Cape Town will use the funds for its infrastructure development plans.
CDH Team: Johan de Lange, Jackwell Feris, Dr Adnaan Kariem, Imraan Abdullah, and Kelo Seleka
You might also be interested in
21 May 2024
Procedural unfairness in retrenchments: The Jurisdiction of the Labour Court
In a judgment written by the Chief Justice and handed down by the Constitutional Court (CC) ( Regenesys Management (Pty) Ltd t/a Regenesys v Ilunga and Others ZACC 8), the correct interpretation of section 189A(13) of the LRA wasclarified.
Employment Law
4 min read
5 Feb 2024
Annual increase to the national minimum wage – effective 1 March 2024
The National Minimum Wage Act 9 of 2018 (Act) was enacted to advance economic development and social justice by, inter alia, improving the wages of the lowest paid workers, and protecting workers from unreasonably low wages by establishing the national minimum wage (NMW).
1 min read
7 Aug 2023
by Desmond Odhiambo and Stefani Wanjeri
Why employers should consider grievances provided by underperforming employees before termination
In today’s fast-paced and competitive world, employers are often faced with the challenge of managing employees who are not meeting their performance expectations. Poor performance constitutes one of the valid reasons for an employer to terminate the service of an underperforming employee.
Employment Law
3 min read
26 Jun 2024
by Nastascha Harduth
What’s wrong with business rescue?
According to recent Statistics South Africa (Stats SA) data, there has been a rise in company closures, with liquidations increasing by 14,3% in April 2024, when compared to April 2023. Further, according to the Fitch Ratings forecast of real gross domestic product growth, we will see an increase of only 0,9% in 2024 and at best 1,3% in 2025. Against this backdrop, and given our social, economic and political landscape, organisations in South Africa face real challenges, and business distress can beexpected.
Firm News
3 min read
4 Sep 2023
by Alex Kanyi
The new tax amnesty: Time to get that waiver of penalties and interest
The Kenya Revenue Authority (KRA) recently issued a public notice on 1 September 2023, titled “ Tax Amnesty on Interest and Penalties for periods up to 31 December 2022 ” (Notice). The Notice comes after the Finance Act, 2023 introduced a tax amnesty on interest and penalties for periods up to 31 December 2022. The tax amnesty will run from 1 September 2023 to 30 June 2024.
Tax & Exchange Control
3 min read
16 Aug 2023
by Allan Reid and Sandile Shongwe
Where to from here? Considerations following the 2023 MPRDA Review Summit regarding the objects of transformation policy
The Mineral and Petroleum Resources Development Act 28 of 2002 (MPRDA), which came into force on 1 May 2014, was a revolution in South Africa’s regulation of mineral resources, specifically with regards to the exploitation of minerals, the vesting of custodianship in the minerals to the state in order to ensure equitable access to mineral and resources, and for ensuring the expansion of opportunities to historically disadvantaged persons.
Corporate & Commercial Law
5 min read