Scrapping Non-Compete Clauses for a Stronger Economy

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

Rate changes and the fuel sector

With effect from 2023 and following a lengthy public consultation process, the Carbon Tax Act was amended to state the exact annual carbon tax rate increases from 2023 to 2030. One of the reasons for this was to promote certainty from an investment perspective and to enable South Africa to meet its Paris Agreement commitments by gradually increasing the carbon tax rate. It therefore comes as no surprise that in the Budget it was confirmed that the carbon tax increased from R159 to R190 per tonne CO2 equivalent from 1 January 2024. Concomitantly, it was announced that the carbon fuel levy will increase to 11c/litre for petrol and 14c/litre for diesel effective from 3 April 2024.

From spam to slam: First enforcement notice issued by the Information Regulator

The Information Regulator of South Africa (Information Regulator) has sent a stern warning to direct marketers that are sending out marketing messages and calls which do not adhere to the current laws applicable to direct marketing.

Rachel Kelly was featured in the DealMakers Women 2024 Issue

Rachel Kelly, Director in the Corporate & Commercial was featured in the DealMakers Women 2024 Issue where she discussed her journey as alawyer. 

Insolvents worldwide beware

In the matter of Raoul Gregor Wagner N.O v Johan Christian Gijsbers N.O and Three Others (20876/19) ZAWCHC 82 (5 June 2024), Mr Wagner (the applicant), in his capacity as the official receiver of Mr Jurgen Scheer’s insolvent estate in Austria, sought relief from the Western Cape High Court for recognition of his appointment as the trustee of Scheer’s Austrian insolvent estate in South Africa in order for him to remove any surplus funds after final distribution of Scheer’s South African insolvent estate from South Africa to Austria, for the benefit of Scheer’s Austrian creditors.

A step in the right direction: Mining sector required to develop a GBVF implementation plan

On 2 August 2024, a Guidance Note for the Management of Gender-Based Violence and Femicide (GBVF) , Safety and Security challenges for women in the South African mining industry (Guidance Note), under the Mine Health and Safety Act 29 of 1996, was published.