In terms of the South African Companies Act, 2008 if a company issues shares without proper authorization under section 36 or exceeds the...

Boards of companies in South Africa are granted significant powers under the Companies Act to facilitate equity financing. These powers...

Under the South Africa Companies Act, 2008, and subject to financial assistance considerations, shareholders can subscribe for shares...

A material adverse change (MAC) is a commonly used term in merger and acquisition agreements, both internationally and in South Africa....