The Employment Equity Amendment Bill of 2020 makes a number of controversial amendments to the Employment Equity Act 1998 with the Minister’s power to determine sectoral numerical targets for designated employers is under the spotlight. Answers to questions frequently being asked by clients are as follows.
Continue readingSouth Africa: Controversial changes to the Employment Equity Act signed into law
President Cyril Ramaphosa has signed the Employment Equity Amendment Bill of 2020 into law. It amends the Employment Equity Act 55 of 1998 (Act). The effective date is still to be proclaimed in the Government Gazette.
Continue readingSouth Africa: New reporting requirements regarding beneficial ownership in relation to trusts
South Africa is introducing new rules regarding the disclosure of beneficial ownership of assets as part of the measures to address its laws regarding anti-money laundering and the combatting of terrorism financing. The rules applicable to trusts and companies are not identical and persons who act as trustees of trust/s and as directors of company/ies, must ensure that they are familiar with both sets of rules.
Continue readingPorts, Transport and Logistics Sector News Round-Up 2/2023 (27 February – 30 March 2023)
Our Ports, Transport and Logistics Sector Group is pleased to present the latest PTL news round-up covering the latest infrastructure and transport developments across Africa.
Continue readingSouth Africa: Five trends employers can expect in the workplace in 2023
For many companies March signifies the beginning of a new financial year. Although every company is unique, our Employment team provides some insights into trends that can be expected in the workplace in the coming year.
Continue readingThe International Comparative Legal Guide: Mergers & Acquisitions 2023 – South African Chapter
Chairman and senior partner, Ezra Davids, and partner, Ryan Kitcat, wrote the South African chapter in the International Comparative Legal Guide’s Mergers & Acquisitions 2023 – Seventeenth Edition.
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