Tag: Webber Wentzel
Share buy-backs and dividend stripping
In the 2017 Budget, delivered by the Minister of Finance, it was proposed that additional measures will be considered to circumvent transactions where investors choose to realise their share investments by means of having the shares they hold in a company bought back and characterised as a dividend, while being paid for by means of a new investor subscribing for shares in the same company.
This followed on the back of a similar announcement in 2016, whereafter no two specific countermeasures were introduced.
Amended BBBEE Property Sector Code
Entities of a certain size are considered to be exempted micro enterprises and thus deemed to be BBBEE compliant as a Level 4 contributor...
Court Case Broadcasts?
Dario Milo | Partner: Dispute Resolution, Information Law | Webber Wentzel | dario.milo@webberwentzel.com | www.webberwentzel.com |
The right to broadcast court cases is a new...
Competition Law – lower merger thresholds?
As promised earlier this year, Minister of Economic Development, Ebrahim Patel, has begun the process of implementing changes to the Competition Act, 89 of...
