Positive disruptors in African mining: Technology, AI and critical minerals for Africa's industrialisation

Special Edition Alert | Budget Speech 2024

Vicarious liability claims arising out of sexual harassment and the passage of time

The High Court recently emphasised the impact of prescription on a claim for vicarious liability arising out of sexual harassment in LM and South African Broadcasting Corporation . (2024) 45 ILJ 189(GJ) 

Value-added tax in land transactions: Lessons from the Sayani Investments case

The charging of value-added tax (VAT) on the sale of land, whether developed or undeveloped, has long been a subject of contention in Kenya’s tax regime. In the recent case of Sayani Investments Limited v Commissioner of Legal Services & Board Coordination (Tax Appeal E448 of 2023), the Tax Appeals Tribunal (Tribunal) provided much-needed clarity on this issue. The Tribunal held that for VAT purposes, the sale of land, including land with a structure (whether a commercial or residential building), is exempt from VAT under Part II, Paragraph 8 of the First Schedule of the VAT Act (Cap.476). This landmark decision highlights the importance of carefully interpreting tax provisions to ensure compliance and avoid unnecessary disputes.

Important Update: Government Gazette Notice No. 51369 - Renaming of South African Deeds Offices

Published on the 10th of October 2024, Government Gazette Notice No. 51369 marks a significant change to the South African propertysector. 

Pillar 2 has arrived in South Africa

The release of the highly anticipated discussion document for South Africa pertaining to the implementation of Pillar 2 has not disappointed. Apart from the administrative burden on South African multi-national entities (MNEs), South Africa was one of the more than 130 countries that agreed during October 2021 to implement a minimum 15% corporate tax rate for MNEs with a global turnover in excess of €750 million. This is part of the two-pillar approach that arose out of the Base Erosion and Profit Shifting (BEPS) project of the Organisation for Economic Co-operation and Development (OECD) that aims to end “ the race to the bottom ” on tax rates that has been published as part of the efforts to tax the digital economy framework.