business

The Mauritian government has made changes to investment thresholds, the extension of work, residence, retirement permits, and attractive property acquisition options.

In the wake of recent developments around the de-criminalising of cannabis use in South Africa, Rui Lopes, an associate at Baker McKenzie Johannesburg, and candidate attorney, Keketso Kgomosotho, look at recent legal developments around the use and/or possession of cannabis by children in South Africa.

About 250 housing beneficiaries in the Missionvale RDP project in Port Elizabeth are still waiting for houses to be built on concrete foundation slabs laid in 2014. The project started in 2012 and was to be completed two years later.

The draft Taxation Laws Amendment Bill (TLAB), which is open for public comment, will introduce changes for South Africans looking to take their retirement funds abroad.

Energy expert Ted Blom says that prepaid electricity users in South Africa are getting ‘ripped off’ by noncompetitive and opaque prepaid power suppliers – while most are still not aware of how to get the most out of their power at the lowest price.

Due to turbulent economic times – exacerbated by the Covid-19 crisis – many South Africans are keeping their cars for longer. This means more high-mileage cars on the road – a higher safety risk due to the increased chances of a mechanical failure, as well as a financial risk to owners whose vehicles are out of warranty.

More than half of businesses in South Africa continue to operate under reduced capacity, with many still temporarily closed as the economy struggles to shake off the impact of Covid-19, and the resulting lockdown.