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.

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.

Second generation transfers

In NEHAWU versus University of Cape Town and Others, the Constitutional Court expressed the view that s197 of the Labour Relations Act does more than just protect the workers against job losses.  The Court stated that the section has a dual purpose in that it facilitates commercial transactions while at the same time protecting workers against job losses.  These two objectives often diametrically oppose one another when a business is transferred from one employer to another in an outsourcing transaction.

Dishonesty does not always warrant dismissal

Dishonesty of an employee does not always warrant dismissal.  That warning from the Supreme Court of Appeal (“SCA”) in Edcon v Pillemer will surprise most employers.  The dishonesty of an Edcon employee did not lead to dismissal because Edcon failed to prove that their employee’s misconduct had breached the trust relationship.

Paternity leave: what are your rights?

When it’s time to take home that new little bundle of joy, how long can you stay off work?