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South Africa’s New Ultimate Beneficial Ownership (UBO) Guidance Explained

Risk and Compliance

From 25% to 5%: South Africa’s New Ultimate Beneficial Ownership (UBO)...

7th October 2024 0

Daily Maverick News

NEW AUDIENCES: How women’s sport is becoming one of sport’s biggest growth drivers 26th August 2026
The mainstreaming of women’s sport is predicted as a major growth driver of the future of the sport’s economy, requiring sustained investment and structural support rather than being viewed as a fleeting trend.
GREEN ROUTE: Hemp dreams — young South African pioneers create a new industry against all odds 26th August 2026
South African startup Green Route is reimagining hemp as a commercial textile powerhouse, breeding local seeds to boost manufacturing and create sustainable jobs.
THE CONVERSATION: Urban foraging is a growing trend that calls for better planning 26th August 2026
Urban foraging is gaining popularity in South African cities, offering food, cultural connection and wellbeing. Research suggests municipalities could support it by creating dedicated foraging spaces and clear rules that protect both people and biodiversity.
Son of Uganda's president says he will stand for top job in 2031 26th August 2026
Uganda's military chief Muhoozi Kainerugaba, who is also the son of the country's long-ruling President Yoweri Museveni, said he would run for president in 2031.
Swedish prosecutors hold second man over deadly school attack 26th August 2026
Swedish prosecutors have apprehended a second person suspected of involvement in last week's attack at a school in which a 17-year-old girl was killed and three people were injured by a man wielding a sword, they said on Wednesday.
Deadly disasters in the Himalayas over a dozen years 26th August 2026
A massive flash flood killed at least nine people on Wednesday in the Himalayan border areas of Nepal and adjoining Tibet, washing away villages, damaging roads, bridges and power projects, with authorities fearing more casualties.
Prosecutors in Germany investigate three bankers over financing of brothel 26th August 2026
Prosecutors in Cologne are investigating three employees of a regional German bank on suspicion of bribery over the lender's financing of one of Europe's largest brothels, a person with direct knowledge of the matter said. A board member of the bank, Volksbank Koeln Bonn, and two other people at the bank are being investigated, said […]
Food safety red flag: Thousands of SA school kitchens don’t have required certificates 26th August 2026
Across the country thousands of schools that are part of the National School Nutrition Programme are feeding children without mandatory certificates. This is one of many challenges, including subpar school kitchen infrastructure, faced by the programme.

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From 25% to 5%: South Africa’s New Ultimate Beneficial Ownership (UBO)...

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