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May 2024

The Imperative of Fraud Prevention and Detection in South Africa

In the wake of a significant rise in fraud-related incidents within South Africa over the past decade, the urgency for robust fraud prevention and detection measures has never been greater. The country has become a focal point for a shift in fraud patterns, characterized by an increasing frequency and sophistication in areas such as occupational fraud, banking fraud, and cybercrime.

Exploring Africa's Hotel and Leisure Sector: A Tale of Multinational Ventures and Cross-Border Transactions

The allure of Africa's hotel and leisure sectors has captivated the interest of multinational groups, sparking a flurry of expansion initiatives and cross-border transactions across the continent. This article explores the convergence of global players entering Africa's hospitality industry and the transformative impact of cross-border transactions within these sectors.

Public Benefit Organisations to Carry the Weight of Additional SARS Reporting Obligations

SARS has reaffirmed the role which all section 18A-approved Public Benefit Organisations (“PBOs”) must fulfil regarding the newly imposed IT3 reporting obligations.The first reporting deadline: 31 May 2024.