Werksmans' insights into the most recent legal developments across a diversity of key industry sectors:

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Time for the SA mining industry to truly shine: Gregory Nott, Director - February 2012

  03 February 2012
  By most international measures South Africa is one of Africa’s most appealing global business and investment destinations. The country is placed second (behind Mauritius) in the global rankings for ease of doing business in Africa. Couple this with its>>> read more

Nationalisation of mines is not another form of BEE: Shaun Teichner, Director - February 2012

  02 February 2012
  While it is generally agreed that a measure of further state involvement in the South African mining industry is inevitable, only time will tell what the nature and extent of that involvement will be. What is certain, however, is that the state should >>> read more

Competition law could hamper business development: Ahmore Burger-Smidt, competition lawyer - 25 January 2012

  25 January 2012
  Confusion about the risks of contravening competition legislation often hampers companies from deriving the full benefits of working legitimately with competitors in the marketplace. read more

Wide range of transactions fall under new financial assistance rules: Richard Roothman, Director - January 2011

  11 January 2012
  The new Companies Act widens the net over corporate finance transactions which require board approval, shareholder approval and in certain cases, notice to be given to shareholders. read more

MF Global collapse a warning to investors with segregated accounts: Shayne Krige, Director - December 2011

  13 December 2011
  The collapse of major global financial brokerage, MF Global, has put segregated client accounts under the spotlight. read more

M&A activity has picked up in the third quarter of 2011: Shaun Teichner, Director – December 2011

  07 December 2011
  There has been a gradual but discernible recovery in M&A activity over the past year as South African companies, particularly those with an African footprint, become increasingly attractive to foreign investors seeking acquisitions in developing markets. read more

CPA – revolution of language: Neil Kirby, Director – November 2011

  17 November 2011
  The Consumer Protection Act’s requirement that information about products and services be presented to consumers in ‘plain and understandable language... read more

Not always above Board: Louise Bick, Public Interest Lawyer – November 2011

  09 November 2011
  As the old saying goes, it is unwise to bite the hand that feeds you. But for many charities and non profit organisations the uncertainty of whether the said hand will reach into its deep pockets to do so is starting to outweigh the restraint to bite. read more

The 10 “R’s” of consumer responsibility: Louise Bick, Public Interest Lawyer – November 2011

  01 November 2011
  The Consumer Protection Act (CPA) was introduced into law earlier this year to assist consumers to enforce their rights. read more

Tax treatment of foreign funds hampers SA investment industry: Shayne Krige, Director - October 2011

  26 October 2011
  South Africa’s domestic tax system is hampering the local investment management industry as it seeks to benefit from heightened foreign interest in African investments. read more

Charities and donations not exempt from the UK Bribery Act: Dave Loxton, Director - October 2011

  19 October 2011
  South African businesses with associate links to UK corporations - or who are represented by agents in their dealings with such companies - need to be aware... read more

UK Bribery Act poses potential risks for SA companies: Dave Loxton, Director - October 2011

  18 October 2011
  Distinguishing between genuine hospitality, promotional gifts and what could constitute a bribe, is a grey risk area that South African... read more

BRICS set for predominant role on world stage: Greg Nott, Director - October 2011

  18 October 2011
  South Africa’s entry into the new cooperative alliance that includes Brazil, Russia, India and China (BRIC), is set to give the grouping, now named BRICS, a predominant role as an economic and political power... read more

Tax dodging companies under US scrutiny: Dave Loxton, Director - October 2011

  18 October 2011
  The US-enacted Foreign Corrupt Practices Act (FCPA) will crack down on US corporations seeking to avoid foreign import duties and other taxes by bribing customs officials. read more

SA business affected by US laws preventing corruption: Dave Loxton, Director - October 2011

  18 October 2011
  South African businesses with links to American organisations need to be aware of the potential risks associated with US-enacted legislation... read more
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