On 9 May 2024, President Cyril Ramaphosa signed the Divorce Amendment Bill into law, which introduced a meaningful change in respect of Muslim divorces in South Africa. The amendment to the Divorce Act of 1979 came about as a result of the Constitutional Court decision in the matter between Women’s Legal Centre Trust v President
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THE UNITRANS CASE: WHEN CAN INTEREST BE DEDUCTED AS AN EXPENSE?
The High Court recently handed down judgment in an appeal from the Tax Court in the matter Unitrans Holdings Limited v CSARS. Unitrans Holdings Limited (Unitrans), is an investment holding company that performs a treasury function to group companies, including providing loan funding and cash management. Unitrans’s wholly owned subsidiaries had a cash management arrangement
FRAUD, RESTITUTION AND RESTORING THE STATUS QUO
The case of Titan Asset Management (Pty) Ltd v Lanzerac Estate Investments (Pty) Ltd is an offshoot of the Steinhoff corporate scandal. In this case, per an agreement between Christo Wiese and Markus Jooste, various businesses, assets and entities of Lanzerac (“Lanzerac Assets”) were acquired by Jooste at a value of R220 million in exchange