Latest Issue - June 2017


The Expropriation Bill: The cost of everything, the value of nothing Property Law

It is widely anticipated the Expropriation Bill, once passed by parliament, will be used as a catalyst to initiate large-scale expropriation of property in order to fast-track land reform in South Africa. The burning question, and the uncertainty brought about by the Bill, is whether the value of the expropriated property will be taken into consideration by the new office of the valuer- general, when determining the amount of compensation payable to the owner/holder of expropriated property.

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The rightful owner? Student Feature

Everyone knows about a certain tavern in Saxonwold, one that is of interest to, if not the police exactly, then at least to anti-corruption officials. But now another, lesser known shebeen has been getting the attention of the courts.

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Enforcing ICC witness protection obligations International - Law

Part 2

As the Rome Statute of the International Criminal Court itself does not contain an effective mechanism to enforce witness protection obligations, it is necessary to look beyond the confines of strict international criminal law to do so.

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Tales from the US of A... - June 2017 International

Lawyer fined for refusing judge's request for a yes-or-no answer

A federal judge imposed a $500 fine on an assistant public defender who refused to give a yes-or-no answer to a direct question from the judge. When pressed by the judge regarding his extensive answer he said, "Your Honor, just what I said". When pressed further he said, "I have no further response". An appeal court said that the federal judge did not abuse his discretion when he imposed the $500 fine because the attorney was required to comply with court orders. The attorney's response amounted to the equivalent of a refusal to explain. - Debra Cassens Weiss May 9

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The World in May - June 2017 Student Feature

Qantas CEO, Alan Joyce, kept his composure at a business breakfast in Perth, even after a man calmly walked up onto stage and rubbed a pie in his face as he was addressing the guests. Following a quick clean up, he was reported to have remarked that he was unsure what flavour pie he had been hit with.

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On Friday 28th October I was diagnosed with depression . . . Management

. . . In the days since I have wondered whether to say something.

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National News - June 2017 National News

Baker McKenzie

The firm has expanded its tax practice in Africa with the appointment, from 1 June 2017, of a market leading tax team headed by Stephan Spamer. Spamer will assume the role of Baker McKenzie South Africa tax practice group head, and will be joined by executive, Arnaaz Camay and senior associate, Howmera Parak. The team joins Baker McKenzie from ENSafrica.

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Corporate Finance Overview Deal Selection

JSE Listed M&A

Emira Property Fund reached agreement on a Black Economic Empowerment transaction which will see Tamela and Letsema subscribe for 26,133,364 Emira shares at R13.9372 per share, giving them a stake of 5% in the enlarged Emira share capital. The parties will each acquire a 2.5% stake facilitated by Emira providing funding of R182,1m for a period of five years.

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aftertaste - The start of great things Lifestyle - Wine

The Kretzmar family purchased the Broad Valley farm in 2009 as a country getaway and started to rebuild the farm from its previous run-down state. The farm is situated off the Hemel-en-Aarde Road between Hermanus and Caledon, in the valley between Shaw's Mountain and the Klein Rivier Mountains – a relatively new wine region with a cool maritime climate.

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Fasionable Ford Figo Lifestyle - Motoring

The newly launched Ford Figo is certainly a good deal better than the older generation Figo, breaking away from the "old Fiesta with a new badge" description, to finally become a model with its own DNA and personality. In Spanish, "Figo" means obsolete, but in Italian, it means classy or fashionable, so I thought a thorough test was in order to determine whether it had Spanish or Italian roots.

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Weighing in on laptop brands (part II) Lifestyle - Gadgets

As explored in the first article on laptop brands, there are options beside Dell, Lenovo and HP for mobile computing. According to the authoritative Tom's hardware, Asus is placed at position 2 and Apple and Acer at a shared position 5 within the top 10 laptop brands. With this line-up of alternatives, you might just break free from the prescribed brands.

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