South Africa: Shareholders

South Africa's Companies Amendment Act introduces sweeping changes to corporate governance, mandating individualised director remuneration disclosure and implementing a binding "say-on-pay" framework for public and state-owned companies.

The JSE has proposed significant amendments to its Listings Requirements following the implementation of the Companies Amendment Act, 2024, fundamentally changing how listed companies handle remuneration policies and share incentive schemes.

Business rescue under South Africa's Companies Act provides financially distressed companies with restructuring opportunities through mergers and acquisitions. How can M&A transactions facilitate corporate rehabilitation while balancing creditor interests, employment preservation, and legal compliance requirements?

Section 46 of the Income Tax Act 58 of 1962 (the "ITA") provides roll-over relief where a company distributes shares it holds in another company to its own shareholders...

Section 44 of the Income Tax Act 58 of 1962(the "ITA") provides targeted tax relief for companies undergoing a genuine consolidation through an amalgamation, merger, or conversion.

The South African Reserve Bank Amendment Bill of 2018 (the "SARB Amendment Bill") has again become the subject of a vigorous debate following the public hearing held by Parliament of South Africa on 2 July 2025.

Incorporating a private company – indicated by the term ‘(Pty) Ltd' – in South Africa offers numerous advantages for entrepreneurs and business owners.

In South Africa, private companies are not legally required to appoint a company secretary unless stipulated in their Memorandum of Incorporation (MOI).

Shareholders' meetings are one of the crucial platforms for decision-making within a company.