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The South African Reserve Bank has recently issued a directive concerning issuing and acquiring domestic card transactions. The Directive introduces regulations for all card issuers, card acquirers and domestic merchants regarding card issuing, acquiring and acceptance services for domestic card transactions. The Directive aims to ensure that the provision of domestic card payment services does not endanger the National Payment System, and for this reason, the SARB requires domestic card issuers to be domestic clearing system participants and requires that domestic merchants use local card acquirers.

Conservatively estimated, one in four women will experience sexual harassment in the workplace at some stage during their working lifespan. The personal toll on these women – and those around them who deal with the secondary effects – is immense. The psychological impact of such harassment and victimization cannot be overstated. A recent study has undertaken the mammoth task of calculating the financial cost to women who are victims of sexual harassment in the workplace. The findings are not only shocking but serve as a grim reminder that our quest for gender equality must incorporate actions aimed at eradicating sexual harassment as a main driver of workplace inequality.

The production of cannabis for medical and adult-use has the potential to provide new sources of taxable revenue for pandemic-stricken countries. In South Africa, legal requirements around the production and sale of cannabis for medical use are onerous, but recent legal developments indicate an attempt to further enable the cultivation and sale of the plant as a way to boost the post-COVID economy.

The recent unrest and looting in South Africa have had a severe impact on businesses and employers in the country. Such businesses have had to address urgent issues including concerns regarding insurance cover, invoking force majeure clauses, ensuring employee health and safely, assisting affected or stranded employees and implementing disciplinary action for employees caught taking part in the looting.

Welcome to our Virtual Global Trade Conference, a virtual offering for all our clients and friends worldwide. Baker McKenzie’s international trade compliance lawyers from around the world discussed the major developments impacting international trade. The sessions include trade policy, exports, sanctions, customs, China trade developments and trade developments.

In March this year, the High Court in South Africa ruled on how a certain mobile phone should be classified for tariff purposes – essentially deciding whether it should be a machine or a phone for the purposes of determining import tariffs. The ruling has implications for all businesses importing mobile phone products into South Africa.

In March this year, the High Court in South Africa ruled on how a certain mobile phone should be classified for tariff purposes – essentially deciding whether it should be a machine or a phone for the purposes of determining import tariffs. The ruling has implications for all businesses importing mobile phone products into South Africa.

On 11 June 2021, the Department of Employment and Labor in South Africa issued guidance on vaccination policies in the workplace, in the form of the amendment to the Consolidated Direction on Occupational Health and Safety Measures in Certain Workplaces. Employers seeking to implement a mandatory vaccine policy must undertake a risk assessment by 2 July 2021.

South Africa received the positive news on 10 June 2021 that the threshold for self-generation power project licenses would increase to 100 MW. This is a welcomed and long-awaited development in a country that has been plagued by power supply challenges, which have had a significant impact on the private sector and are contributing to the impediment of much-needed economic growth in South Africa.