Dear All,
Please see the latest happenings for this week.
Alison and her great team.
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COMPETITON
Competition tribunal focuses on high prices for gas cylinder deposits On Tuesday, The Competition Tribunal heard testimony about the rationale and reasoning behind high prices for gas cylinder deposits in South Africa.
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COVID-19
National state of disaster over Covid-19 to end soon: SA’s Covid-19 regulations further eased, and the national state of disaster to be lifted soon President Cyril Ramaphosa has on Tuesday evening announced that Cabinet intends on lifting the national state of disaster that came into effect two years ago. This comes with further changes to the current restrictions governing covid-19 in South Africa.
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ENERGY Supersize the next Independent power producers round Rand Merchant Bank CEO, James Formby has called on the government to ‘supersize’ the amount of power it buys from independent power producers (IPP’s) in the upcoming bi window for SA’s renewable energy procurement programme.
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FINANCE SA banking sector joins platform enabling international settlements The South African Reserve Bank has joined and become a party to the Bank for International Settlements Innovation Hub and have subsequently announced the completion of prototypes that will allow for international settlements using multiple central bank digital currencies.
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LAND ANC pushes expropriation legislation, including the possibility of nil compensation, along its winding (political) road The National Assembly public works committee is examining through the Expropriation Bill, in a manner that veers not so far from politics. In this, it has become ever clear that an ongoing debate between the ANC and its opposition party, the DA, has continued to ensue.
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MEDICAL New ‘All Purposes’ Cannabis Act needed Whist it is lawful to consume cannabis within the confines of your own home, SA has only formalised the commercial trade of cannabis through two distinctive manners.
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PUBLIC SECTOR
Bathabile Dlamini’s conviction sends a message to all public officials The latest conviction and sentencing of Bathabile Dlamini is a reminder to all public officials that there are consequences for failing in their actions.
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ROAD ACCIDENT FUND Goodbye to the Bobroff millions Fugitive father and son, Ronald and Darren Bobroff, have undertaken and forfeited R95 million to the South African government. This comes after the Constitutional Court dismissed their last remaining option to continue their fight to get the money back.
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