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By Burton Phillips, a Partner at Webber Wentzel When faced with legislation that requires parties to take certain steps or prevents them from implementing a particular course of action, the questions often asked include "what are the consequences and who will be liable to pay?" There has for a long time been uncertainty…
Details regarding the speaker line-up and agenda for BigFive Summit have been announced. Cape Town will play host to the Summit from 13 – 15 May 2019 where pioneers in the provision of digital media and marketing technology solutions to the region’s SMEs will converge for three exciting days of…
The Shoprite cross-border money remittance product reached the R1 billion mark in January, after just three years of it being implemented between SA and Lesotho. The cost of a transfer of R900 is 2%, which is one of the cheapest cross-border products in the world. A remittance is when a…
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced an extension of its long-standing relationship with Capitec Bank, South Africa’s second largest retail bank. Capitec, a long-time ACI customer, now supports card and non-card payments acceptance through the UP Retail Payments solution – an…
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…

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