COVID-19
Dlamini-Zuma details South Africa’s updated level 1 lockdown rules
Cooperative Governance and Traditional Affairs (Cogta) minister Nkosazana Dlamini-Zuma has published a new gazette which updates the country’s level 1 lockdown regulations in line with president Cyril Ramaphosa’s announcements. Disaster Management Act: Regulations: Alert level 1 during Coronavirus COVID-19 lockdown: Amendments G 43897 GoN 1199 |
INTELLECTUAL PROPERTY
Courts hand down harsher sentences for counterfeiting crimes
Africa has seen a substantial increase in investment and growth over the past 50 years and, as a result, it is increasingly being targeted as a market for counterfeit goods. According to the Counterfeit Goods Act, the sanction likely to be imposed by a court for a guilty charge is a fine based on the quantity of articles counterfeited (up to a maximum of R5 000 per article) combined with a suspended sentence. The average sentence for a guilty charge in the commercial court is a one-year sentence and/or a fine of about R5 000. The guilty party will also have a criminal record which means – in terms of Section 69(8)(b)(iv) of the Companies Act – that they will be disqualified from being a director of a company. They may also be imprisoned without the option of a fine, or fined more than the prescribed amount, for some offences Provided By KISCH IP By Jadon Wolmarans GoLegal |
MEDICAL
Discovery blasted for signing up members ‘illegally’ to cheap medical product
Discovery has come under severe fire for continuing to sell an unregulated cheap medical product, even after it was not supposed to. https://www.businessinsider.co.za/discovery-loses-appeal-for-primary-care-products-2020-11
Please note that this is a high level overview of the Regulatory developments. This content is made available at no charge. Should you however, require a more detailed regulatory service, please send us an e-mail setting out your requirements. info@compliancetools.co.za |
TAX
New international rules to tax digital economy
The Parliamentary Budget Office released a report (the PBO Report) on 26 June on the potential introduction of a digital tax in respect of the supplies of goods and services by non-residents to South African customers, which are delivered by digital means. https://www.bizcommunity.com/Article/196/710/210251.html |
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