South Africa

Dealmaking Slows Across Africa, but Post-pandemic Opportunities Look Interesting

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Deal making activity in sub-Saharan Africa dropped in terms of both volume and value in 2020, compared to 2019. As the continent readies itself...

Africa: Key industry trends to emerge across the post-pandemic continent

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In brief Wildu du Plessis, Head of Africa for Baker McKenzie, quotes from a recent Baker McKenzie report - Unprecedented: Converging Crises - as he outlines the...

South Africa: Let’s get constructive about constructive dismissal – You can still be fired

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In brief The Labor Appeal Court in South Africa recently found that an employer has a right to institute disciplinary proceedings for misconduct during an...

South Africa: Removal of prohibition of “loop structures” – Don’t forget to check the...

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In brief The South African Reserve Bank (SARB) has begun to implement a new capital flow management system in South Africa, with changes starting to...

Europe: Post-COVID-19 Cross-border remote working: managing tax risks

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The pandemic has impacted our lives in many ways, but for many of us, one of the most affected areas has certainly been work.COVID-19...

South Africa: It’s leave, Karen, not a savings plan

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The unheralded Botes' Law on Annual Leave Interpretation holds that if there are two people arguing about the interpretation of annual leave, there will be at least three interpretations of the law on that issue. Johan Botes, Partner and Head of Employment & Compensation at Baker McKenzie in Johannesburg, explains his theory, referring to recent South African judgments that had conflicting views on the matter.

South Africa: What Does the Biden Administration’s Approach Mean for Africa?

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The United States (US) President Elect Joe Biden and his new administration are expected to take a multilateral approach to foreign policy, easing tensions...

South Africa: The Pathway to Regulatory Approval of the COVID-19 Vaccine

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In brief Overview Zareenah Rasool, Candidate Attorney, Rui Lopes, Associate, and Darryl Bernstein, Partner and Head of the Healthcare and Lifesciences Industry Group at Baker McKenzie...

South Africa: On a clear path to benefit from trade in manufactured goods

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South Africa President Cyril Ramaphosa outlined the country’s Economic Recovery Plan on in October 2020, during which he explained that if just 10% of South African’s imported goods (excluding oil) could be manufactured locally, the country would add 2% to its Gross Domestic Product (GDP). Further, if South Africa could supply 2% of it manufactured goods to its African peers, it would add 1.2% to its GDP. In this regard, Virusha Subban, Partner Specializing in Customs and Trade at Baker McKenzie in Johannesburg, explains how South Africa could benefit from the African Continental Free Trade Agreement.

South Africa: Improved Trade Facilitation Measures Announced

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The South Africa Revenue Service has published a Notice clarifying the customs declaration process under section 64D of the Customs and Excise Act. The Notice outlines the conditions under which bonded goods must be imported into South Africa. Prenisha Govender, Associate in the Tax Practice at Baker McKenzie in Johannesburg, provides the key points.
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