
Last time we looked at the conceptual framework typically applicable to public share offers. In this column, we look specifically at the conceptual framework used in the 2008 Companies Act to regulate public offers.
The framework of the existing 1973 Companies Act has largely been retained in the new act, which is expected to come into force in July next year.
On 28 August 2009, President Zuma signed the Competition Amendment Act into law (Act No. 1 of 2009). The Amendment Act will come into force on a date to be proclaimed by the President. The signing of the Amendment Act concludes a legislative process which lasted no less than a year since it was first tabled in June 2008 and finally passed by Parliament in October 2008. However, President Motlanthe was concerned that certain provisions in the Amendment Act were unconstitutional and sent it back to Parliament for reconsideration, which returned it to him unchanged.
07 September 2009
We are pleased to announce that Leppan Beech Inc.'s (LBI) multi-disciplinary Mining Team will be joining Webber Wentzel effective 1 March 2010.
28 January 2010Steven De Backer joins the firm today as a Director in the Johannesburg office and brings extensive on the ground experience of leading transactions in Anglophone and Francophone Africa.
19 January 2010We are pleased to announce that the MTN Uganda deal where Webber Wentzel advised MTN Uganda Limited in a USD 100 million equivalent multi-tranche, local and foreign currency syndicated term loan and revolving facility, has been awarded the 'Project Finance Deal of the Year' in the category Africa TMT by Euromoney.
13 January 2010
Webber Wentzel is committed to improving the lives of individuals and communities through our corporate social investment programme.
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