South Africa Newsletter September 2018

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South Africa Newsletter - September 2018

South Africa Newsletter September 2018

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September 27, 2018

South Africa’s diverse economy, strategic role in Africa and political history create a unique business and regulatory environment. The Dentons South Africa Newsletter will help you keep abreast of issues that affect doing business in, from and with South Africa. Every month this newsletter will provide you with a collection of articles, alerts and guidelines from our offices around the world.

South Africa

Contamination of land and the potential liability for directors

Africa

New amendments to the Land Act affecting mortgaging in Tanzania

Global

Polish investment zone launched
The reasonableness of non-reliance clauses

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New amendments to the Land Act affecting mortgaging in Tanzania

September 27, 2018

The Government of Tanzania has recently passed the Written Laws (Miscellaneous Amendments) No. 1 of 2018, an Act that amends certain written laws. The Act amends sections 45 and 120 of the Land Act, 1999 (Land Act) and introduces new sections 120A, 120B, 120C, 120D and 120E.

The reasonableness of non-reliance clauses

September 13, 2018

The Court of Appeal has confirmed that a non-reliance clause in a commercial lease had no effect as it was not reasonable and therefore fell foul of the Misrepresentation Act 1967. This will be of wide interest given the prevalence of such clauses in both leases and sale agreements.