Last month, the Property Practitioners Regulatory Authority (‘the PPRA’) held a webinar on the current state of Broad-based Black Economic Empowerment (‘B-BBEE’) compliance within the property industry. During this virtual gathering, representatives from the PPRA asserted that the possession of
The practice of re-selling water use rights in the agricultural sector has been declared unlawful by a full bench of the Gauteng High Court in a judgment handed down last month, 19 June 2020. The Court held that: (i) Section
In order to avoid the cash flow implications of paying VAT, most farmers, when disposing of the whole or a portion of a farm, would do so by selling the farm or the specific portion as a going concern. The