DIRECTORS OFTEN JUMP SHIP, BUT WHAT DO THEY LEAVE BEHIND?
INTRODUCTION Director resignations are a fact of corporate life. What many companies fail to appreciate, however, is that a resignation does not sever all legal ties between the director and the company. Certain fiduciary duties continue after departure — and...
A QUICK GUIDE TO MAJOR B-BBEE TRANSACTIONS
The Broad-Based Black Economic Empowerment Commission (“the Commission”), established under the B-BBEE Act 53 of 2003, oversees compliance with South Africa’s empowerment framework. Among its core functions, the Commission maintains a registry of major B-BBEE...
SOUTH AFRICA RAISES THE BAR FOR MERGER NOTIFICATIONS
SOUTH AFRICA RAISES THE BAR FOR MERGER NOTIFICATIONS Introduction South Africa’s merger control landscape is set for a meaningful change following the publication of amendments by the Minister of Trade, Industry and Competition proposing revised merger notification...