The importance of pre-emptive rights in private companies
The operation of a private company often involves a delicate balance between commercial objectives and interpersonal relationships among shareholders. While business ventures are commonly established with optimism and mutual trust, unforeseen circumstances such as financial hardship, illness, reloca…
Budget 2026: VAT wasn’t raised. It was re‑engineered for a modern South Africa.
While much of the early reaction to Budget 2026 focused on the withdrawal of R20-billion in previously anticipated tax increases and welcome adjustments to personal income tax, an equally significant shift has taken place within the VAT system. Rather than raising the VAT rate or increasing the tax …
South African Commercial Law Blog 