Banking & Finance Team brochure

Deneys Reitz’s Banking and Finance Team, one of the largest and most dynamic groups of banking specialists in South Africa, has an undisputed reputation for its competence and integrity.

Are passengers just pawns, or airlines kings in the game of air transportation?

Individually passengers may not wield much power, but collectively they are something much stronger – they are consumers.

Legal Services Sector in turmoil over transformation that threatens the way it functions

Every industry is facing the challenges of transformation, but the legal profession is grappling with legislation that will alter the structure of the profession and how it operates fundamentally. “Make no mistake, I have sympathy for those policy makers who have had to draft the Bill,” says Aslam Moosajee, a director at Deneys Reitz Attorneys.

Taxman pounces on Mpisane

The Taxman has staked his claim on the multimillion-rand business empire of wealthy Durban couple S’bu and Shauwn Mpisane by pouncing on their luxury vehicles, which are worth about R17 million. Derek Reed, a director of law firm Deneys Reitz in Durban, said that section 91 of the Income Tax Act allowed Sars a “short cut” to get a judgement against a defaulter.

Business rescuers will need special skills

Stephen Kennedy-Good, a director at Deneys Reitz attorneys, says only time will tell if a new class of “turnaround specialists” will arise

Long arm of the SARS lifestyle audit police

The South African Revenue Service (SARS) is becoming increasingly vigorous in its dealings with delinquent taxpayers.

Some tax planning tips

While Revenue Authorities are viewed by taxpayers with a mixture of distrust and even fear, there are ways to substantially minimise the risk of falling foul of the South African Revenue Service.  One of these ways is to ensure one’s tax submissions are accurate and timeous.  This is the time of year to begin this arduous process.

Regulator for the Regulators

A single regulatory coordinator, under the Competition Commission, was being considered by government to enhance consistency and quality of regulation, Minister in The Presidency Collins Chabane said in a statement to the media.

Shareholders’ liability for companies polluting

South Africa’s environmental legislation has been sharpening its teeth in recent years by imposing stricter and more severe compliance penalties for contravention of the legislation.

Competition Amendment Act - criminal sanctions and other amendments

At the end of August last year the President assented to the 2009 Competition Amendment Act.  All that now remains for the amendments to come into effect is promulgation of the date of commencement.