Parties to a B-BBEE transaction are obliged within 15 days of concluding the transaction to submit the transaction for registration.
Continue readingSouth Africa: Obligation to report a B-BBEE transaction to the B-BBEE Commission
South Africa: New Maritime Policy and Ports Development
The Department of Transport has now finalised its Comprehensive Maritime Transport Policy (the CMTP) for South Africa.
Continue readingSouth Africa: Armed robbery was a case of vis major, says court in customs duties dispute
After armed robbers stole 200 cases of imported cigarettes, the importer found itself facing a hefty demand for customs and excise duties.
Continue readingSouth Africa: Equal Pay – Three Years on
Over the past three years, the CCMA and Labour Court have considered these amendments and established a number of noteworthy principles.
Continue readingSouth Africa: Higher tax incentives needed for education
Taxpayers have been voicing their belief that a tax revolt is the correct way to deal with the current crisis of confidence in government.
Continue readingSouth Africa: Exchange control contravention and the forfeiture of assets
Khumalo’s assets were forfeited to the State in terms of Exchange Control Regulation 22. SARB seized both tainted and untainted assets.
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