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.
Society for International Economic Law Supported
The Society of International Economic Law (SIEL) is an organization that represents academically minded practitioners in the field of international economic law. The Society's biannual conference will be taking place in Barcelona, Spain from 8-10 July 2010.
International Intellectual Property and Enforcement Act of 2008
Interesting developments are afoot in the United States Senate when it comes to international trade and the protection and enforcement ofintellectual property rights.
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.
SAs clothing and textile import duties raised to maximum levels
According to media reports, the International Trade Administration Commission of South Africa (ITAC) received an application to raise the import duty on a range of garments.
Great Expectations the G 20 and the Inevitable Predictability of Increased Protectionism
With the scheduled meeting of G-20 countries on April 2 in London getting nearer, much of the talk among leading policymakers has turned to the need to resist protectionism and use this forum for taking decisive action to conclude the Doha Round of multilateral trade negotiations.
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).
Another Trade Flap over Poultry
In a long-festering dispute between the US and the EU over poultry exports, the US seems to have finally given up any chance of winning the argument by way of reason and has formally initiated litigation at the WTO by requesting consultations with the EC on this matter, on January 16, 2009, before a meeting of the WTO's Dispute Settlement Body.
Free Trade between SACU and EFTA
The European Free Trade Association (EFTA), comprising of Iceland, Liechtenstein, Norway and Switzerland signed an agreement to form a Free Trade Area with the Southern African Customs Union (SACU). Whilst this agreement was already signed on 26 June 2006, it only came into effect on 1 May 2008.