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        <description><![CDATA[Webber Wentzel was awarded African Law firm of the Year at the 2019 African Legal Awards. We were praised by the panel of judges for our deal presence across Africa, as well as for our commitment to access to justice.]]></description>
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            <title>Cornucopia Trust – When does a finance charge become section 24J interest?</title>
            <link>https://www.polity.org.za/article/cornucopia-trust-when-does-a-finance-charge-become-section-24j-interest-2026-10-19</link>
            <description><![CDATA[The recent decision of the Supreme Court of Appeal (SCA) in CSARS v Cornucopia Trust [2026] ZASCA 116 (Cornucopia Trust) concerned the deductibility of loan raising fees under section 24J. The taxpayer incurred substantial raising fees in connection with acquisition and refinancing facilities and treated those fees as deductible financing costs spread over the life of the loans. SARS disagreed. The majority of the SCA found for the taxpayer. The minority dissent found for SARS. Viewed narrowly, the dispute concerned whether a raising fee constitutes a "similar finance charge" for purposes of section 24J. Viewed more broadly, the case asks whether SARS achieved its objective of narrowing the definition of “interest” in 2016.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 19 Oct 2026 14:26:00 +0200</pubDate>
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            <title>South Africa's electricity market is being rewired at pace, and so are the rules of project finance</title>
            <link>https://www.polity.org.za/article/south-africas-electricity-market-is-being-rewired-at-pace-and-so-are-the-rules-of-project-finance-2026-10-12-1</link>
            <description><![CDATA[The Department of Electricity and Energy has published the Electricity Sector Market Transformation Position Paper, 2026 (the Position Paper), the first unified policy document consolidating South Africa's electricity reform agenda. The Position Paper is open for public comment until later this month (September 2026). Government still aims to soft-launch the South African Wholesale Electricity Market (SAWEM) this year within the Eskom group of entities only, followed by a gradual and phased opening of the market to participants beyond Eskom from 2027. A request for proposals has been issued for a transaction adviser to support the establishment of a fully independent Transmission System Operator (TSO), with an end-2027 target for transaction conclusion.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 12 Oct 2026 10:07:00 +0200</pubDate>
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            <title>The AI disclosure gap: Are insureds telling insurers enough?</title>
            <link>https://www.polity.org.za/article/the-ai-disclosure-gap-are-insureds-telling-insurers-enough-2026-10-12</link>
            <description><![CDATA[The pattern of commercial innovation in business is familiar: adopt new technology, discover its exposures, and then look to the insurance market to respond. AI has not altered this trend, but what is different is that the insurance may already be in place.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 12 Oct 2026 10:04:00 +0200</pubDate>
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            <title>Africa’s next growth chapter starts with capital closer to home</title>
            <link>https://www.polity.org.za/article/africas-next-growth-chapter-starts-with-capital-closer-to-home-2026-10-09</link>
            <description><![CDATA[Africa enters the FT Africa Summit this year facing a familiar question in unfamiliar circumstances. How does the continent finance growth when development funding is tightening, trade relationships are shifting and global capital is being reallocated? Michael Denenga will attend the summit in London on 21 and 22 October 2026, where the theme “Mobilising Growth in a New Global Order” will bring this question into focus. As technology changes how markets are served and engagement from the Gulf, China and India grows alongside established ties with Europe, the United Kingdom and the United States, African governments and businesses are placing greater weight on regional trade, resilient supply chains and partnerships that offer more than capital alone.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Fri, 09 Oct 2026 09:31:00 +0200</pubDate>
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            <title>A new era for diesel refunds: More than just a registration exercise</title>
            <link>https://www.polity.org.za/article/a-new-era-for-diesel-refunds-more-than-just-a-registration-exercise-2026-10-01</link>
            <description><![CDATA[Businesses claiming diesel refunds may be inclined to view the South African Revenue Service’s (SARS) new diesel refund registration system as little more than an administrative change. However, the reforms signal a far more fundamental shift. For the first time, South Africa is moving towards a dedicated diesel refund framework that sits outside the value-added tax (VAT) system, introducing new registration obligations, greater supply-chain visibility and potentially a renewed focus on compliance and substantiation. The move appears to reflect SARS' intention to exercise greater visibility and oversight over diesel refund claims. The introduction of dedicated registration requirements, industry-specific categorisation and mandatory participation by fuel suppliers suggests a more structured approach to administering the incentive going forward.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Thu, 01 Oct 2026 10:51:00 +0200</pubDate>
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            <title>Leveraging land reform and the Expropriation Act to advance food security in South Africa</title>
            <link>https://www.polity.org.za/article/leveraging-land-reform-and-the-expropriation-act-to-advance-food-security-in-south-africa-2026-09-30-1</link>
            <description><![CDATA[The Constitution guarantees everyone the right to have access to sufficient food and basic nutrition. Complementing this is South Africa's highly productive agricultural sector. Yet, despite these constitutional protections and high agricultural productivity, food insecurity remains a persistent reality for millions of South Africans. The structural framework underpinning South Africa's food systems is perhaps best described as paradoxical. The country produces sufficient food at a national ...]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Wed, 30 Sep 2026 10:42:00 +0200</pubDate>
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            <title>Cybercrime across borders: navigating Africa’s fragmented legislative landscape</title>
            <link>https://www.polity.org.za/article/cybercrime-across-borders-navigating-africas-fragmented-legislative-landscape-2026-09-21</link>
            <description><![CDATA[By the time you reach the end of this sentence, a cyberattack will have been launched somewhere on the African continent. That is not an exaggeration, but rather what has become the new reality. Financial services are digitising at speed, through mobile banking, cross-border insurance platforms and digital payment ecosystems, creating an attack surface of remarkable breadth and complexity. The laws meant to combat cybercrime and protect the institutions and people who rely on those services, however, remain patchy at best. For multinational organisations, this is a live compliance risk with material consequences. Some jurisdictions have enacted sophisticated, modern cybercrime frameworks with mandatory reporting obligations, dedicated regulators and meaningful penalties. While others have no dedicated cybercrime legislation at all. ]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 21 Sep 2026 14:12:00 +0200</pubDate>
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            <title>The overlooked asset: Why banks should rethink their dispute clauses</title>
            <link>https://www.polity.org.za/article/the-overlooked-asset-why-banks-should-rethink-their-dispute-clauses-2026-09-16</link>
            <description><![CDATA[The International Chamber of Commerce's (ICC) Commission Report on Financial Institutions and International Arbitration found that many financial institutions surveyed had limited arbitration experience and no formal policy governing when it should be used. Yet as transactions become more international, the choice of dispute resolution mechanism increasingly affects enforcement, cost and recovery. Arbitration should not replace litigation, but it may offer important advantages when selected for ...]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Wed, 16 Sep 2026 10:33:00 +0200</pubDate>
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