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Fasken Martineau News

2017 Budget Speech: Carbon Tax To Be Considered By Parliament

28th March 2017 The 2017 Budget Speech was delivered by Minister Pravin Gordhan on 22 February 2017. Although tax was a large focus in this year’s budget (as it usually is), the proposed carbon tax only received a cursory mention. The Minister confirmed that the proposed carbon tax and its date of implementation... 

Traditional Courts Bill tabled for comment – 23 January 2017

22nd March 2017 A further draft of The Traditional Courts Bill has been tabled for comment.  It has undergone several changes and if accepted in the present format will impact on existing Traditional Courts.  Global mining partner, Lucas Moalusi outlines a number of important issues below. Traditional court... 

Multinationals to heed taxman’s further-reaching hand as transfer pricing disputes come to a head

6th March 2017 With several Canadian miners embroiled in acrimonious standoffs with the Canadian Revenue Agency (CRA) regarding transfer pricing rules, mining companies will have to come to terms with increased levels of uncertainty in their tax profiles and will need to consider the impact of all changes, not... 

Gold miners’ silicosis case could open floodgate for litigation in other sectors

1st July 2016 The certification of class action status to current and former gold mineworkers suffering from silicosis and tuberculosis against more than 30 historic and current gold mining companies in South Africa potentially opens the door for similar litigation across several sectors, including those of... 
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Presidency explains Zuma involvement in Pravin court matter

The Presidency on Wednesday moved to explain why President Jacob Zuma’s lawyers were present at the high court in a matter in which finance minister, Pravin Gordhan, is seeking a declaration that he has no legal right to intervene in matters between banks and their clients. In a statement the... 

Eskom cancels supplier contract owing to inferior coal

State-owned power utility Eskom has terminated a contract with a major coal supplier to its Tutuka power station after discovering the coal supplied was not extracted from the contracted collieries. The parastatal, following strict monitoring of the coal quality to the station, revoked the... 
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