Accelerated Capital Allowance for Renewable Energy Projects in South Africa

Ayesha Dawood of the eponymous Johannesburg based firm, Ayesha Dawood Attorneys, considers the importance of governance and accountability with reference to the Prevention and Combatting of Corrupt Activities Act No. 12 of 2003 (PACCA) and sheds light on the issue of extraterritorial effect.

After a five-year investigation, the State Administration for Industry and Commerce (“SAIC”) has recently imposed an administrative penalty on the affiliates of Tetra Pak Group (“Tetra Pak”) for its abuse of …