Business & Economy

Featured Press Release

Get your press release featured!
DoshEx, the South African Digital Asset Exchange, and global blockchain-based payment pioneer Pundi X, today (4 April) announced a strategic partnership to bring cryptocurrency  to high street retailers and local consumers. In a first for South Africa’s retail market, XPOS, the Pundi X blockchain-based point-of-sale devices and XPASS cards for cryptocurrency…
By Gillian Niven & Nirvasha Singh, Partners at Webber Wentzel Last week the Minister of Finance introduced the revised Carbon Tax Bill (Bill) to Parliament. The Bill takes into account feedback received during the Parliamentary hearings on the December 2017 draft Bill that took place earlier this year. The Bill aims to give effect…
While some businesses prefer to outsource their call centres, others prefer to keep their call centre operations in-house.  A good call centre allows agents to have personalised interaction with every customer across multiple channels and contributes to improved productivity and profitability of the business. As such, it is critical that…
Cape Town, South Africa - 1st April 2019 - Making sense of all the hype around Artificial Intelligence and the 4th Industrial Revolution,  AI Expo Africa - the continent’s largest AI business event - is set to return to Cape Town on 4 & 5 September 2019. “Our inaugural AI…
By Jonathan Veeran & Manus Booysen, Partners at Webber Wentzel The recent Prospectors and Developers Association of Canada (PDAC) Convention held in Toronto attracted more than 25,000 delegates, either offering or seeking opportunities to invest around the world in the most prospective mining assets and projects.  Regulatory uncertainty, lack of policy cohesion, infrastructural constraints…
By Carey-Anne Jennings, a Partner & Seshree Govender, a Senior Associate at Webber Wentzel  Small and innovative renewable energy projects battle to raise funds through formal channels.  One possible solution is to reach out to communities with an interest in those projects to help fund them through crowdfunding initiatives. While there has been…
By Kagiso Nonyane, an Associate at Webber Wentzel During the medium-term budget in October 2018, the Minister of Finance announced that sanitary towels (pads) will be included to the list of those items that are zero rated for VAT purposes. This announcement was a welcome relief for South African women, mainly those…
By Lara Kahn and Ryan Smith, Partners at Webber Wentzel Recent proposals to amend sections 134 and 135 of the Companies Act includes changes which may have the effect of unfairly benefiting landlords and other lessors of property (who are proposed to be considered as post commencement finance (PCF) providers) to the detriment of…
Wednesday, 27 March 2019 11:08

Solving the Eskom dilemma

Written by
By Mzukisi Kota, a Partner at Webber Wentzel Restructuring Eskom into separate functions is a sensible solution to many of its problems. We believe it can be done in a way that should be acceptable to unions but will not prejudice its lenders and the sovereign debt rating.  The next step after…
By Des Kruger, a Webber Wentzel Consultant The indirect taxation of cross-border e-commerce transactions have been high on the agenda for tax authorities worldwide. There is clearly a perception that much of these transactions are escaping indirect tax (essentially VAT) because the supplier and consumer are in different jurisdictions. Following the…
By Des Kruger, a Webber Wentzel Consultant The indirect taxation of cross-border e-commerce transactions have been high on the agenda for tax authorities worldwide. There is clearly a perception that much of these transactions are escaping indirect tax (essentially VAT) because the supplier and consumer are in different jurisdictions. Following the…
South Africa’s growth forecast for 2019 is set at a deeply concerning 1,3% according to the World Bank projections, putting it among the worst performers in sub-Saharan Africa.  At 1.3%, SA’s projected real economic expansion comes in at under a third of the estimated 4.2% growth rate of other emerging…

About Pressportal

MyPressportal is geared towards the South African Market only. A press release can have a huge impact on the marketing of your company, as many journalist use press releases to communicate new happenings from all types of companies and NGO's. MyPressportal is FREE. We do not plan not to make this a paid service. If you would like to know more about the system, please read the FAQ.