The Competition Commission concluded that Centrum Pharmacy was in breach of the excessive pricing provisions under Consumer Protection Regulations.
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Shareholders should be aware of circumstances and consequences where a re-acquisition by a regulated company of its shares may trigger a mandatory offer by a shareholder in terms of the Companies Act.
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The release of the new Incoterms® 2020 is a much-welcomed development for international trade. This article discusses the key differences between Incoterms® 2010 and Incoterms® 2020.
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Treasury steps into uncharted waters– Latest tax developments and tax relief measures for businesses struck by COVID 19
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Treasury excludes duty rebates for goods damaged, lost or stolen due to robbery and theft. Adjustments in the Employee Tax Incentive Act aim to boost youth employment and clarification on eligible employers is provided.
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A recent judgment in the Western Cape High Court deals with the limitation on collection costs that a debtor can be charged in terms of a credit agreement under the National Credit Act.
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To the relief of many South Africans, the 2020 budget speech has gone against the grain of many speculators who anticipated VAT, corporate and income tax increases. This update covers the proposed changes.
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On 19 February 2020, the Competition Commission released its reports on the provisional findings of the Land Based Public Passenger Transport Market Inquiry. Of the two reports published, we focus on the one which concerns metered taxis and e-hailing services.
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Key Highlights from Minister Tito Mboweni's budget speech.
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This Tax Update covers the Commencement of Expat Tax, Final Carbon Offset Regulations, BGR: Relief in respect of Tax Treaties and Clarification on interpretation of “Group of Companies”.
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The US Trade Representative announced that the US has shortened its internal list of “developing countries”. The consequence is that there will be fewer “developing countries” whose products will qualify for the benefits afforded by the World Trade Organisation.
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Many people use social media platforms to negotiate a number of transactions and the question arises whether the exchange of these messages can be recognised in our law as enforceable contracts.
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Recently, the Information Regulator called upon the President to proclaim the commencement of the remaining provisions of POPIA.
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On 11 December 2019 the Minister of Sport and Recreation published the Draft National Sport and Recreation Amendment Bill intending to regulate the unregulated fitness industry.
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The regulations on price discrimination provide clarity defining price discrimination, establishing whether a contravention has occurred, and whether it is likely to impede effective participation by the “designated class” of consumers which the Legislature has identified as deserving of specific protection.
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Dominant firms are also prohibited from engaging in price discrimination and exerting unfair buyer power. Recently, these provisions have been amended to include specific protections for small and medium sized businesses.
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While the price discrimination regulations intend to protect “designated class” purchasers in the downstream market, the buyer power regulations intend to protect designated class suppliers in the upstream market.
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The Competition Commission published its final report on the findings of the Grocery Retail Sector Market Inquiry, stating that a combination of features present in the grocery retail sector, such as long term exclusive leases, may prevent or restrict competition.
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The release of Exchange Control Circular No. 18/2019 on 31 October 201 and its effect on Foreign Direct Investment dispensation.
Read More![What do you know...and what can you do with it? [Part 3]](https://images.squarespace-cdn.com/content/v1/5bd2494334c4e21627bda6ba/1573566981902-Y0KC8T8MSP1G8RWLPWEK/data-protection-laws-in-south-africa-and-eu-part3.png)
This is the third in a three-part series of articles discussing GDPR, POPIA regulation and compliance as relevant to data privacy and protection, and the management of data breaches.
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