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Shepstone & Wylie Attorneys
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The Biggest Fine Yet...Competition Law Update...

Yesterday the Competition Commission issued a media release announcing that it has struck a deal with ArcelorMittal settling all the outstanding investigations and claims against it for a whopping fine of R1.5 billion payable in R300 million annual instalments for the next 5 years. In addition, AMSA has committed to capping its earnings before interest and tax on flat steel to 10% (a tolerance of up to 15% is apparently permitted in certain circumstances) and to spending R4.64 billion in capital expenditure for the next 5 years. 

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Death and Taxes...

As the wise Benjamin Franklin wrote way back in 1789 "…in this world nothing can be said to be certain, except death and taxes."  People have been paying taxes for well over 2 000 years and moaning about it for just as long...

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Olympic Fever - Sports Experts...

In an Olympic year it seems that every person is a sports expert.  However, instead of hearing those views at the workplace coffee station or standing in the queue during your grocery shopping you are bombarded on your social media feed as well...

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SAA's Abuse of Dominance Stings Again...

It’s more bad news for South African Airways after the Gauteng High Court awarded Nationwide Airlines (now in liquidation) damages of R104.625 million against SAA on 8 August 2016...

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Tax Season is Open.

The 2016 Tax Season opened on 1 July for taxpayers submitting for the March 2015 - February 2016 tax year.  Tax Season runs from July to November (provisional taxpayers submitting via eFiling have until January 2017 to submit)...

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No Selfies with your Ballot...

These days almost every moment, whether significant or mundane, is shared by someone on social media.  Local Government elections on Wednesday 3 August are definitely a significant day on our calendar, however, did you know that it would be an offence to share a picture of your ballot on social media?...

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Silicosis:  Court Certifies SA's Largest Class Action Suit...

The South Gauteng High Court recently certified two class action suits of silicosis and pulmonary tuberculosis (TB) against 32 mining companies. The Court's judgment has set the stage for protracted legal proceedings in the largest class action suit in South Africa's history...

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Naming and Shaming on Social Media...

It seems that you cannot log into Facebook or Twitter without seeing someone complaining about something.  In fact it can seem as though the majority of social media feeds contain rants or attacks on various people or businesses. But is this allowed and what happens when it goes too far?..

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Building Contracts:  The Difference Between On-Demand and Conditional Performance Guarantees...

In the construction industry, employers require contractors to provide guarantees as security for the fulfilment of their contractual obligations....
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