Brazil investigating dumping by South African Tyre Manufacturers
The Brazilian Secretariat of Foreign Trade (SECEX), part of their Ministry of Development, Industry and Foreign Trade (MDIC) on June 10th, 2013 initiated an anti-dumping investigation
South Africa to simplify business in Africa
Finance Minister Pravin Gordhan recognises that the Budget he presented yesterday must have as one of its pillars that we should seize the available opportunities within Africa.
Considerations for SA insurers expansion into sub Saharan Africa
According to media reports South Africa's short- and long-term insurers are looking at entering the sub-Saharan African market as it presents a strategic opportunity for growth. Of course insurers have been investing in sub-Saharan Africa, but there is an intensified interest in the market.
When should parties notify the Competition Commission of a merger
In terms of section 13A(3) of the Competition Act 89 of 1998 (the ?Act?), parties to an intermediate or large merger may not implement that merger until it has been approved, with or without conditions, by the either the Competition Commission, Tribunal or Appeal Court.
Limited time remaining for companies to comply with the Companies Act
In terms of the new Companies Act the memorandum and articles of association is replaced by a document known as the memorandum of incorporation or ?MOI?. The Companies Act requires every company's MOI to comply with the provisions of the Companies Act.
Deadline to set up social and ethics committee looms
It has almost been a year since the new Companies Act (no 71 of 2008) has been in force. Although the entire Companies Act is not yet in force in respect of all companies some provisions do supersede the old dispensation whilst others are yet to become effective.
EU imports damaging SA agro processing sector
Business Day reports that South African agro-processing firms are struggling to compete against imports from the European Union that enter the local market duty-free because of the Trade and Co-operation Agreement (TDCA) South Africa has with the EU. To read the article and Trade Law Chambers' quotations, kindly click here.
© Trade Law Chambers 2013
Upcoming Event
On 28 August 2012 Rian Geldenhuys will be presenting for the boats and floating structures sector on the following:
- Market access opportunities and obstacles for Asia, Africa &, USA
- Opportunites and threats for service providers in Africa
- Unpacking the creation of new tariffs for inputs used, increasing or decreasing duties payable and creating rebate facilities
- Protecting your intellectual property in export markets
Investing in foreign markets
There are many spectacular success stories of investing in foreign countries, but tales about the failures are often nightmarish. Often businesses are just unaware of the potential pitfalls associated with investments (whatever form the investment may take).