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Legislative Environment News

Gama sent by Transnet to brief MPs on corruption probes 

By: African News Agency      22nd August 2018 Parliament's portfolio committee on public enterprises on Wednesday, cut short a briefing by Transnet on its corruption investigations because of the presence of freight rail company CEO Siyabonga Gama. The Transnet board last week served Gama, chief procurement officer Thamsanqa Jiyane and... 

Eskom execs grilled on tender processes

By: News24Wire      22nd August 2018 Members of Parliament wasted no time in trying to get to the bottom of questionable contracts at Eskom on Wednesday, however executives at the power utility seemed less prepared - fumbling answers and even requesting time to regroup. The Standing on Public Accounts (Scopa) was being briefed by... 

Eskom execs grilled on tender processes

No land grabs allowed – ANC assures AgriSA  

By: Sashnee Moodley     21st August 2018 Agricultural industry association AgriSA said on Tuesday that it welcomed the African National Congress’s (ANC’s) policy commitments regarding agrarian reform and agricultural property with respect to the ongoing debate on the expropriation of land without compensation. AgriSA and representatives... 

No land grabs allowed – ANC assures AgriSA
AgriSA executive director Omri van Zyl

AgriSA meeting with the ANC "successful"

By: News24Wire      21st August 2018 AgriSA president Dan Kriek met President Cyril Ramaphosa in Cape Town on Tuesday, while the organisation's CEO, Omri van Zyl, held talks with Deputy President David Mabuza in Johannesburg. The meetings were part of two separate consultation processes: Kriek met Ramaphosa as part of the... 

AgriSA meeting with the ANC
AgriSA President Dan Kriek

Set up special tribunal for officials abusing tender system – State capture inquiry witness 

By: News24Wire      21st August 2018 The government's procurement system is intentionally not followed in at least 50% of all tenders, chief procurement officer Willie Mathebula told the commission of inquiry into allegations of State capture on Tuesday. Mathebula has proposed a special tribunal to deal with those who transgress and... 

Set up special tribunal for officials abusing tender system – State capture inquiry witness

Land Bank says land expropriation could trigger default

By: Reuters     21st August 2018 South Africa's State-owned Land Bank said on Monday a plan to allow the State to seize land without compensation could trigger defaults that could cost the government R41-billion rand if the bank's rights as a creditor are not protected. Land Bank is a specialist bank providing financial services... 

 Land Bank says land expropriation could trigger default

Amendment of Constitution will accelerate land reform – Ramaphosa

By: News24Wire      21st August 2018 President Cyril Ramaphosa has said that the interpretation of section 25 of the Constitution which relates to land expropriation must be made explicitly clear to enable the speeding up of land reform processes. Giving the keynote address at the African Farmers' Association of South Africa's... 

Amendment of Constitution will accelerate land reform – Ramaphosa
President Cyril Ramaphosa

Finance ministers fired by Zuma to testify at State capture inquiry 

By: News24Wire      20th August 2018 Two of the finance ministers who Jacob Zuma fired during his time as South Africa's president are expected to testify at the State capture commission of inquiry. Head of legal services, Paul Pretorius SC, told the commission that current Public Enterprises Minister Pravin Gordhan and current... 

Finance ministers fired by Zuma to testify at State capture inquiry
Finance Minister Nhlanhla Nene

Zondo appeals to South Africans to bring evidence on State capture 

By: African News Agency      20th August 2018 The chairperson of the commission of inquiry probing allegations of corruption and State capture, Deputy Chief Justice Raymond Zondo on Monday appealed to South Africans to come forward with any information and evidence they think might help the commission in its investigation. Zondo opened the... 

 Zondo appeals to South Africans to bring evidence on State capture
Photo by Reuters
Deputy Chief Justice Raymond Zondo

Investors looking for viable infrastructure projects in Africa

By: Donald Makhafola     17th August 2018 There is investor appetite for well-structured infrastructure projects on the continent, but investors need clarity from governments on regulations and the various projects earmarked for development, says specialist banking company Investec Bank head of power and infrastructure finance... 

Investors looking for  viable infrastructure  projects in Africa
INVESTING IN INFRASTRUCTURE Investec Bank is considering investment in renewable energy, water desalination and treatment projects, transportation infrastructure and speciality buildings

ANC chairperson wants state to seize land from those with over 12 000 ha

By: Reuters     15th August 2018 National Chairperson of the African National Congress (ANC) Gwede Mantashe gestures at the end of the 54th National Conference of the ruling ANC at the Nasrec Expo Centre in Johannesburg, South Africa, December 21, 2017. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) - The chairman of South... 

Rwanda and global airline body partner to improve air safety

By: Rebecca Campbell     14th August 2018 The Rwanda Civil Aviation Authority (CAA) has signed a Memorandum of Understanding (MoU) with the International Air Transport Association, to partner to improve aviation safety, it was announced on Tuesday. The MoU will allow the two sides to jointly establish a framework for the employment of... 

Rwanda and global airline body partner to improve air safety
Photo by Creative Commons
Kigali International Airport, Rwanda

Davies gazettes draft regulations on SEZs

By: Nadine James     7th August 2018 Trade and Industry Minister Dr Rob Davies has gazetted draft regulations on the Governance and Composition of the Special Economic Zones (SEZs) The proposed regulations seek to provide for the following options – for the management and operation of the industrial development zone (IDZ) entity not... 

Davies gazettes draft regulations on SEZs
Trade and Industry Minister Dr Rob Davies

KSB South Africa achieves Level 1 BBBEE status

By: Simone Liedtke     6th August 2018 KSB Pumps and Valves, which has offices in Gauteng’s East Rand, has achieved Level 1 broad-based black economic empowerment (BBBEE) status after black women-owned company Insikazi Synergies acquired a 30% stake in KSB South Africa. “Achieving Level 1 BBBEE status has marked a major milestone for... 

Funding for SA firms seeking to increase African trade and investment exposure

By: Schalk Burger     3rd August 2018 Increased trade and interdependence with the rest of Africa are set to bolster the anaemic economy of South Africa through the R13.4-billion Export Credit Insurance Corporation of South Africa (ECIC) and African Export Import Bank (Afreximbank) South African Trade and Investment Promotion... 

Funding for SA firms seeking to increase African trade and investment exposure

S African project managers require business competencies

By: Donald Makhafola     20th July 2018 In the early stages of a project management career, some professionals have a lack of understanding of the link between business strategy and projects, and with this, the acumen to know what business information emanating from the project is useful to extract, interpret and provide to the... 

S African project managers require business competencies
Photo by Bloomberg
PROJECT MANAGERS Project Management South Africa members are currently undergoing assessment on the designations that require a review of the competencies associated with project management

Competition Bill’s national security veto of foreign mergers ‘tightly codified’

By: Terence Creamer     17th July 2018 The national security veto included in the Competition Amendment Bill, which was tabled before Parliament on Tuesday, had been “tightly codified” so as not to deter potential investors, but rather offer certainty, Economic Development Minister Ebrahim Patel said during a briefing in Cape Town.... 

Competition Bill’s national security veto of foreign mergers ‘tightly codified’
Photo by Creamer Media
Economic Development Minister Ebrahim Patel

BBBEE certification company punished for lack of verification quality control

By: Schalk Burger     13th July 2018 The Broad-Based Black Economic Empowerment (BBBEE) Commission has found that empowerment certification company BEE Matrix South Africa issued certificates between 2015 and 2017 that did not comply with verification procedures. The commission said in a statement on Friday that BEE Matrix SA has... 

Designation status a cabling industry boon

By: Paige Müller     13th July 2018 Providing the cable industry with designation status has helped the industry to grow despite a myriad of local manufacturing barriers, says the Association of Electrical Cable Manufacturers of South Africa (AECMSA). The Department of Trade and Industry’s (DTI’s) revised Preferential Procurement... 

Designation status a cabling industry boon
MANUFACTURING NIGHTMARE The unique local cable manufacturing challenges make cable production in South Africa particularly costly and time-consuming

M&A advisory firm aims to use SA as gateway to African market

By: Nadine James     13th July 2018 Washington DC-headquartered mergers and acquisition advisory firm Taylor Advisory announced last week that it was entering the African market through South Africa with the appointment of Francois Baird as its Africa co-chairperson and Riaan Rademan as its South Africa co-chairperson. This is... 

M&A advisory firm aims to use SA as gateway to African market
FRANCOIS BAIRD Taylor Advisory's ability to deliver the best results, instead of simply brokering a deal, is specifically vital for Africa-based companies

SA Express on route to full re-certification by Civil Aviation Authority

By: Rebecca Campbell     12th July 2018 State-owned regional airline SA Express announced on Thursday that its certification as an aircraft maintenance organisation (AMO) had been reinstated by the South African Civil Aviation Authority (Sacaa) on June 22. “Since then SA Express has undergone a stringent and rigorous process to meet... 

SA Express on route to full re-certification by Civil Aviation Authority
Photo by SA Express
A Bombardier CRJ 700 of SA Express, before the airline was grounded

Eskom wage negotiations continue

By: African News Agency      10th July 2018 Wage negotiations between power utility Eskom and unions resumed on Tuesday in Johannesburg. National Union of Mineworkers (Num) spokesperson Livhuwani Mammburu told television news channel eNCA that unions have given Eskom two options of a one year deal or a three year one. Eskom on Friday... 

 Eskom wage negotiations continue

Agni Steel South Africa’s expansion approved

By: Nadine James     6th July 2018 The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism has authorised the phase 2 and 3 expansion of steel recycling and processing company Agni Steel South Africa. Agni Steel’s plant is located in Zone 6 of the Coega Special Economic Zone. 

South African CEOs’ optimism waning – index

By: Nadine James     6th July 2018 The Merchantec CEO Confidence Index (MCCI), compiled by corporate finance and research and business advisory company Merchantec Capital, recorded a 20.9% decrease in CEOs’ confidence between the first and second quarters of this year –  a downward spike following the increase in optimism between... 

More than R650m budgeted to prepare Gauteng land for expropriation   

By: Anine Kilian     2nd July 2018 The Department of Human Settlements has budgeted more than R650-million to prepare identified portions of land in Gauteng for expropriation without compensation. Human Settlements MEC Dikgang Uhuru Moiloa said on Monday that the province’s rapid land release programme, launched in May, would... 

More than R650m budgeted to prepare Gauteng land for expropriation
Human Settlements MEC Dikgang Uhuru Moiloa talks about land expropriation without compensation

Government vows to go after State capture loot

By: African News Agency      28th June 2018 South African Finance Minister Nhlanhla Nene said on Thursday that government was working with international institutions to trace and recover all the monies that were stolen from the country's coffers through "State capture". "Perhaps at times we underestimate the damage that State capture did.... 

Government vows to go after State capture loot
Photo by Bloomberg
Finance Minister Nhlanhla Nene

New insurance Act to come into effect in July – Treasury

By: African News Agency      27th June 2018 The Insurance Act of 2017 will commence on July 1, National Treasury said on Tuesday. "The Insurance Act establishes a legal framework for the prudential regulation and supervision of insurers and insurance groups in terms of the Twin Peaks framework," Treasury said in a statement. 

 New insurance Act to come into effect in July – Treasury

Gordhan among first to testify at commission of inquiry into Sars

By: African News Agency      26th June 2018 Public Enterprises Minister Pravin Gordhan will be one of the first witnesses when the commission of inquiry into administration and governance at the South African Revenue Service (Sars) begins its public hearings on Tuesday. The commission was set up by President Cyril Ramaphosa in May after he... 

Gordhan among first to testify at commission of inquiry into Sars
Photo by Reuters
Public Enterprises Minister Pravin Gordhan

Import duty causes fallout for stainless steel fastener suppliers

By: Tasneem Bulbulia     22nd June 2018 Stainless steel nuts, bolts and fasteners supplier Fastenright has been forced to increase the selling prices of its stainless steel fasteners, a detrimental consequence of the International Trade Administration Commission of South Africa’s (Itac’s) changing import duties, Fastenright MD Rainer... 

Import duty causes fallout for stainless steel fastener suppliers
IMPORT BUSINESS Fastenright imports its stainless steel fasteners from approved suppliers, mainly the Far East, specifically China and Taiwan; and Europe

New era for healthcare as Motsoaledi abolishes co-payments

By: News24Wire      21st June 2018 The abolishment of co-payments is one of the proposals of the Medical Schemes Amendment bill, announced by Health Minister Aaron Motsoaledi. Motsoaledi was speaking at a briefing on the medical schemes amendment bill and National Health Insurance bill in Pretoria on Thursday. 

 New era for healthcare as Motsoaledi abolishes co-payments
Health Minister Aaron Motsoaledi

NGOs rate South Africa’s transition to a green economy at five out of ten

By: Nadine James     21st June 2018 Nongovernmental organisations (NGOs) on Thursday released the findings of new research, which describes South Africa’s transition to a low-carbon, sustainable and inclusive future as “stuck in first gear”, with ambitious policies but slow implementation. The ‘South Africa Green Economy... 

Mining charter, illegal mining, FDI in the spotlight  

20th June 2018 Mining Weekly editor Martin Creamer unpacks the news around the mining charter, illegal mining and FDI in the junior miners fund. 

Mining charter, illegal mining, FDI in the spotlight
Mining charter, illegal mining, FDI in the spotlight

Saica to start disciplinary proceedings against former Eskom CFO Anoj Singh

By: News24Wire      19th June 2018 The South African Institute of Chartered Accountants (Saica) announced on Tuesday it will start disciplinary proceedings against former Eskom CFO Anoj Singh. This follows a period of investigation and the professional body's decision to issue charges of misconduct against the chartered accountant. 

Saica to start disciplinary proceedings against former Eskom CFO Anoj Singh
Photo by Creamer Media
Former Eskom CFO Anoj Singh

Gordhan lays out State's case against suspended Sars boss Moyane  

By: News24Wire      15th June 2018 Public Enterprise Minister Pravin Gordhan has laid out the State's case against suspended South African Revenue Service (Sars) commissioner Tom Moyane in a 69-page affidavit. Moyane was suspended from the tax agency on March 19. President Cyril Ramaphosa at the time accused him of overseeing a... 

 Gordhan lays out State's case against suspended Sars boss Moyane
Suspended Sars boss Tom Moyane

Green building requires holistic approach

By: Tasneem Bulbulia     15th June 2018 With the current water shortage in the Western Cape having encouraged efficient water use and proactive ways of saving water, building industry representative the Joint Building Contacts Committee (JBCC) CEO Uwe Putlitz says a similar attitude should be pursued regarding green building in the... 

Green building requires holistic approach
COMPREHENSIVE PLANNING Green building should not be regarded as a separate entity from the rest of a building project but rather as an integral part of the entire project

Proposed amendment to legislation set to eliminate lead in paint

By: Tasneem Bulbulia     15th June 2018 Paint industry representative the South African Paint Manufacturing Association (Sapma) has achieved a “great victory”, with the announcement last month of the government notice of intention to amend the Hazardous Substance Act of 2009, which will eliminate lead in paint, executive director... 

Proposed amendment to legislation set to eliminate lead in paint
TAKING THE LEAD The proposed amendment to the Hazardous Substance Act of 2009 will reduce the amount of lead in paint to 90 parts per million

Good corporate citizenship in a post-State-capture South Africa 

By: Kim Cloete     8th June 2018 A string of corporate governance failures and climate change challenges have cranked up the pressure on companies to become better corporate citizens and take care of the environment they are operating in. The renewed emphasis on governance and sustainability is not limited to the private sector,... 

Good corporate citizenship in a post-State-capture South Africa

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