South Africa Moves Toward Carbon Budgets with New Draft Regulations
On 1 August 2025, the Minister of Forestry, Fisheries and the Environment released two draft notices for public consultation under the recently enacted Climate Change Act 22 of 2024. The first is the draft National Greenhouse Gas Carbon Budget and Mitigation Plan Regulations (GNR 6476), accompanied by the draft Technical Guidelines (GNR 6477). Together, these […]
Share Swaps: Not Always a Trap, Sometimes a Smart Move
Recent headlines may give the impression that share swap deals are synonymous with corporate scandals in the retail and lifestyle sector. However, that is far from the full picture. When structured in accordance with the law, share-for-asset transactions can be powerful tools for business growth, succession planning, and liability management. In fact, South Africa’s tax […]
Beneficial Ownership Registers for Trusts: Strengthening Transparency in South Africa
Over the past decade, regulatory authorities across the globe have placed increasing emphasis on transparency in order to combat financial crimes such as money laundering, corruption, and tax evasion. South Africa has followed this trend by introducing stricter compliance measures. One of the most significant developments has been the requirement that trusts upload their beneficial […]
Draft Mineral Resources Development Amendment Bill, 2025: Renewed State Control in South Africa’s Mining Sector
On 20 May 2025, the Minister of Mineral and Petroleum Resources released the Draft Mineral Resources Development Amendment Bill for public comment, with submissions due by 13 August 2025. A further notice, the Correction of Draft Mineral Resources Development Bill, 2025, was published on 9 June 2025 to address certain proposals. The Bill is intended […]
Tender Extensions and the Aventino Case: Clarifying Bid Validity in Public Procurement
The Supreme Court of Appeal (“SCA”) recently addressed a significant procurement issue in Aventino Ecotroopers Joint Venture and Others v MEC for the Department of Roads and Transport Gauteng Province and Others 2025 JDR 1403 (SCA). The case centred on a dispute between Aventino, an unincorporated joint venture, and the Gauteng Department of Roads and […]
Equal Shareholders and Oppression: The Reach of Section 163
Section 163 of the Companies Act 71 of 2008 provides directors and shareholders with a legal pathway to challenge conduct that unfairly disregards or prejudices their rights. Traditionally, this provision has been understood as a shield for minority shareholders, offering them recourse against abusive majority control. But the decision in Van der Watt v Schoeman […]