News Archive
Fair Value Frenzy
In the recently reported judgment of BNS Nominees (RF) Proprietary Limited and Another v Arrowhead Properties Limited and Others 2023 (1) SA 478 (GJ), the Johannesburg High Court provided clarity regarding certain provisions of section 164 of the Companies Act No. 71...
Recent AGM & Networking Drinks event 28 February 2023
On the 28th February 2023 the ABCSA Annual General Meeting was held at the offices of Fasken in Sandton. The AGM was well represented by members as well as guest representatives from the Australian High Commission and Australian Trade and Investment Commission...
600 Million People Without Power: Africa’s Dilemma & The Renewable Energy Solution
Africa is home to 54 vibrant countries, over 1.2 billion people, and unfortunately, nearly 600 million people without power. Africa is facing an energy crisis. Energy poverty and unstable electricity, exacerbated by governments and economic glass ceilings has seen...
Top 5 Reasons to Do Business in Africa
As the second largest continent, Africa is home to 54 countries and over 1.4 billion people. The most central continent in the world, Africa is the perfect hub for reaching the corners of the world. Incidentally, it’s also the most profitable region in the world,...
What Are The Benefits Of Using A Recruitment Agency?
It happened. Your best worker has handed in their resignation – the clock is ticking – the countdown is on. You need someone to replace them, but who? Where do you even begin? The hiring process is a laborious task, depending on your industry, your candidate...
Employers may claim compensation against trade unions for damages suffered during protected strikes
The Labour Relations Act, 1997 ("LRA") provides certain protections to employees participating in protected strikes. These employees are protected against disciplinary action or civil legal proceedings for participating in protected strikes and discontinuing any...
Crypto Assets in South Africa are now legally recognised as Financial Products
On 19 October 2022, the Financial Sector Conduct Authority (“FSCA”) officially declared that crypto assets are now classified as a financial product in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 (“FAIS”) (“Declaration”). The Declaration...
Fasken receives recognition at the recent African Legal Awards
ABCSA is proud to announce that our member, Fasken, received recognition at the recent African Legal Awards, winning two titles including “Competition and Regulatory Team of the Year” Award and the CSR “Diversity, Transformation and Economic Empowerment” Award in...
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