There are occasions when there's actually too much to write about. This is one of them, so an editor needs to pick and choose with care. First off, this issue concentrates on the great event which South Africa hopes will expose it to the full glare of world publicity on a daily basis. The Soccer World Cup – oops, sorry, I mean the FIFA Soccer World Cup TM – is guaranteed to do just that. Whether we like it or not, over the next four months and especially between June 11 and July 11, this event, which it is claimed is the world's greatest in terms of the billions who view the games, most courtesy television, will certainly bring just about everyone into our front room. Do we want them here? Are we ready for this kind of exposure? The answer to both is probably no – but we'll get them anyway. And it just may do us some good.
In terms of the Competition Act, mergers meeting certain thresholds must be approved by the competition authorities before they are implemented.
Having been unsuccessful in the Pretoria High Court, the relatively small and unknown Turbek Trading CC (Turbek) forced the retailer of exclusive clothing and footwear, A & D Spitz (Pty) Limited (Spitz), to defend the judgement handed down in Spitz' favour by taking the decision on review to the Supreme Court of Appeal.
The new Companies Act (71 of 2008) and the draft Companies Regulations, 2010, published for public comment in December last year in the Government Gazette, require public and state-owned companies to appoint as a minimum, an audit committee and a social and ethics committee. The new Act and draft Regulations will regulate the composition and functions of these two committees.
Public interest in the FIFA WORLD CUP soccer tournament to be held in South Africa this year has reached an all-time high and there are reports that an estimated three million visitors will flood the country between June 11 and July 11 2010. The 2006 FIFA WORLD CUP Germany attracted a cumulative television audience of some 26 billion viewers and this year's event is likely to attract the same, if not more.
Understanding how business will be impacted by the 2010 FIFA World Cup South AfricaTM Association football is a game of copious rules. This is most apparent in relation to the game's most celebrated competition and the world's largest single sporting event, the final competition of the FIFA World Cup.