Business & Economy

Featured Press Release

Get your press release featured!
Monday, 28 October 2019 08:58

More partners move to Webber Wentzel

Written by
Three partners have recently joined Webber Wentzel, building both the firm’s Banking & Finance and Corporate teams. Banking & Finance specialist, Khurshid Fazel, will join Webber Wentzel (from Allen & Overy) as a partner with effect from 1 November 2019. Her focus areas include: preference share funding, acquisition finance, leveraged finance, debt…
SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry can confirm that as of Wednesday, the 23rd of October 2019, the banking industry has been hit by a wave of ransom driven Distributed Denial of Service attacks, targeting various public facing services across multiple banks. These…
Opinion by Gary Webster, Head of Wholesale at MetroFibre Networx With fibre rapidly rolling out to businesses and becoming as ubiquitous as cell phones are, cloud applications are now affordable and accessible solutions for any size business, from SMEs to large corporates.  And as the top global cloud providers commit…
Vodacom rAge 2019 saw four days of setup, 69 solid hours of LAN gaming, an entire day to break down and many kilometres worth of fibre, network cable, power cables and steps walked all over the Ticketpro Dome, as well as over 30,000 cold drinks and 1,635 kgs of chips…
Wednesday, 23 October 2019 09:21

When should revenue for gift cards be taxable?

Written by
By Joon Chong, a Partner at Webber Wentzel The recent Tax Court (Cape Town) judgement of IT 24510 confirmed that amounts received by a retailer for the sale of gift cards were not "received or accrued" for purposes of the gross income definition. The taxpayer had not included proceeds from…
Tuesday, 22 October 2019 15:14

CQ Is The New EQ For Executives

Written by
By *Michelle Moss, Director: Assessments at Signium Africa  Second only to emotional intelligence (EQ), cultural intelligence (CQ) is fast becoming one of the most in demand skills for executives in today’s culturally diverse world of business. The growing need for CQ is just one of the consequences of globalisation. It’s true…
by Jason van der Poel, Alexandra Felekis of Webber WentzelThe diverse energy mix supported by the IRP 2019 is depicted in the table above extracted from the IRP2019.  On 18 October 2019, the Minister of Mineral Resources and Energy, Gwede Mantashe (the Minister), held a media briefing on the Integrated Resource Plan 2019 (IRP 2019)…
A million requests, a million problems solved  Snupit, South Africa’s leading online platform for finding local professionals, announces that over 1,000,000 customer requests have been posted on their platform.  Avinash Samlall, Snupit’s Founder and CEO, commented, “If you go to the (Snupit) website, you can see the simple message ‘Find…
The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions. In August 2019 the SARB joined forces with KPMG…
Webber Wentzel were presented with the 2019 Funds Legal Advisor of the Year award at the 8th Annual Private Equity GP & Advisor Awards. This is the sixth consecutive year Webber Wentzel has been recognised by these awards and the third time the firm has won Funds Legal Advisor of the Year. The…
by Daryl Dingley, Partner at Webber Wentzel On 10 October 2019, the Minister of Economic Development published second drafts of the Price Discrimination Regulations and Buyer Power Regulations (collectively, the 2019 Regulations) for public comment (Government Gazette No. 42760 is accessible here). The publication of the 2019 Regulations is a significant development. The contentious amendments to…
SA’s leading retail bank has again produced a solid set of interim results. Their affordable banking solution that is simple to understand, transparent and helps clients improve their financial lives continues to resonate with consumers from all walks of life. Capitec obtained an average client growth of almost 200 000…

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.