Tag: trade agreement
Restraint of trade agreements – Labour Court upholds enforceability
In the recent case of SMD Technologies (Pty) Ltd v Tavares and Another ([2024] ZALCJHB 546), the Labour Court upheld the enforceability of restraint of trade agreements in South African employment law. The court emphasised that these restraints must be reasonable and must protect legitimate business interests.
SARS increases customs duties for online retail orders
The South African Revenue Service (SARS) increases customs duties for online retail orders as part of a broader strategy to promote local businesses and address global supply chain imbalances. The clothing and textile industry has faced widescale criticism for controversial environmental, social, and governance (ESG) practices. South African consumers may imagine themselves to be far from the hub of these issues. However, we are all participants in the global supply and demand for fashion.
AfCFTA: how local importers and exporters can maximise the potential
With these words, a webinar on the new African Free Trade Area (AfCFTA) was launched to discuss the importance of assessing the current trade relations with Africa, and how the new agreement will enable them to build on this. The AfCFTA, which came into force this year, is the largest trade agreement in the world, and aims to double intra-Africa by 2022.
Is the equity party over?
The cracks may be starting to show in the ten-year equity bull market, but does this mean that the cycle is now over?
