New law to aid small business establishment | Traditional healers: New regulations to provide clarity
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| | | ISSUED BY BIZCOMMUNITY.COM Reaching a dynamic and diverse business-minded audience with daily frequency, and publishing job vacancies via Bizcommunity’s platforms is an essential addition to maximising your company’s market presence and promoting employment opportunities to the nation... Read | Legal | | | | | Corporate & Commercial Law | | KARL BLOM, LERATO NIKLAAS, KENAN PETERSEN AND DAVID DONKOR On April 18, 2024, the South African Reserve Bank unveiled a roadmap to enhance digital payments with a 17-point plan. The agriculture sector stands to gain from improved efficiency and transparency, though stakeholders must adhere to regulatory requirements for compliance and security... Read | Cyber Law | | ELISHA BALA-GBOGBO AND AND MACDONALD DZIRUTWE Nigeria fined Meta Platforms $220m, its competition watchdog said on Friday, after investigations showed data-sharing on social platforms violated local consumer, data protection and privacy laws... Read | Environmental Law | | Dr Dion George, the Minister of Forestry, Fisheries and the Environment, welcomed the decision, emphasising the importance of upholding the ban on drones, bait-carrying remote-controlled boats, and other remotely operated devices in fishing operations... Read | Labour Law | | TSOANELO SEFOLOKO After 10 years of having their monthly contracts continuously extended, they will no longer be renewed at month end... Read | Law Practice | | Ursula von der Leyen failed to face a setback in her re-election bid as EU Commission president after a court rejected redacted vaccine contract transparency, ahead of a pivotal Parliament vote... Read | Legislation | | President Cyril Ramaphosa has approved the Pension Funds Amendment Bill, which amends pension-related legislation to enable the implementation of the recently legislated two-pot retirement system geared towards bolstering retirement savings... Read | | KATJA HAMILTON The Western Cape's Mmamoloko Kubayi urges decentralising emergency housing funds for faster disaster response, citing delays in the current centralised system... Read | | The deadline for retirement funds to submit rule amendments for the ‘two-pot retirement system’, due to come into operation on 1 September 2024, has reportedly been extended... Read | Tax Law | | As South Africa grapples with high poverty levels and the cost of living, the Government of National Unity (GNU) will look to expand the range of essential food items exempt from value-added tax (VAT)... Read | Business | | | LINDSEY SCHUTTERS The outage is believed to be linked to a glitch in the Falcon threat-detection software developed by cybersecurity company CrowdStrike... Read | | KATJA HAMILTON South Africans' hopes were shattered as the MPC kept the repo rate at 8.25% and the prime lending rate at 11.75%. The decision, influenced by four members favoring an unchanged stance and two preferring a 25 basis point cut, has resulted in significant property market value erosion. Read | | DANETTE BREITENBACH & EVAN-LEE COURIE This year the Mandela Day theme is '#ItIsInYourHands' and aims to combat poverty and inequity... Read | New Press Office on Bizcommunity | More | Join |
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