Inter-bank offered rate (IBOR) reform marks not only a new era of benchmarked interest rates, but also one of the biggest challenges facing financial services firms and corporates alike.

Successful management will require change, strategic risk management and planning – from adjusting legal contracts to updating systems and operational processes. It requires consideration of both accounting and tax aspects, and also has an impact on reporting.

During the webinar, our tax industry leaders and subject matter experts unpacked the developments in the interest rate benchmark rate reforms within the South African context. The speakers provide an overview of expected tax considerations and the impact on your organisation.

This webinar was presented by:

- Professor Keith Engel, Chief Executive Officer, South African Institute of Taxation

- Severus Smuts, Director: Indirect Tax, Deloitte Africa Tax & Legal

- Samantha Tumber, Associate Director: Deloitte Legal

- Steven Breslin, Associate Director: Transfer Pricing, Deloitte Africa Tax & Legal

- Cristina Dos Santos, Senior Manager: Financial Services Advisory, Deloitte Africa

- April Nicholson, Senior Manager: Transfer Pricing, Deloitte Africa Tax & Legal

- Mohamed Hassam, Senior Manager: Corporate Tax, Deloitte Africa Tax & Legal

When: Wednesday, 25 August 2021| 10h30-11h30 (CAT/SAST)
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Revenue authorities across Africa are increasing their scrutiny of cross-border transactions between related parties – mainly due to increased pressure on the fiscus. This is giving rise to an increase in transfer pricing audits across Africa.

In the 2019 Organisation for Economic Co-operation and Development’s Mutual Agreement Procedure (MAP) statistics, it is noted that of the 2 690 new MAP global cases which were initiated during 2019, approximately 43% were transfer pricing cases.

During this webinar, our speakers unpacked the common trends in transfer pricing disputes locally, continentally, and globally as well as the role of transfer pricing risk management in the broader enterprise risk management process in an organisation.

Presenters were:

- Musa Manyathi, Director: Transfer Pricing, Deloitte Africa Tax & Legal

- Lee Corrick, Technical Advisor: International Tax, African Tax Administration Forum

- Shaun Austin, EMEA Transfer Pricing Leader, Deloitte United Kingdom

- Billy Joubert, Senior Associate Director: Transfer Pricing, Deloitte Africa Tax & Legal

- Sevgi Ozdemir, Senior Manager: Transfer Pricing (Facilitator)

When: Wednesday, 3 February 2021| 10h30-11h30 (CAT/SAST)
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The closure of certain international borders in response to the coronavirus (COVID-19), continue to challenge everyone in the mobility space. Although, some countries are gradually opening borders, albeit to varying degrees and with different conditions, the business community has somewhat resumed commercial activities and is slowly adjusting to new ways of working.

During the webinar our speakers discussed the mobility challenges experienced globally and shared how technology has enabled “new ways of working”.

Presenters at this webinar were:

- Sara Choudhary, Head of International Mobility, ABSA Limited

- Shivana Sewchuran, Director: Global Employer Services (Immigration), Deloitte Africa Tax & Legal

- Lino De Ponte, Director: Global Employer Services (Advisory), Deloitte Africa Tax & Legal

- John Brodie, Consulting Director: Organisation Transformation and Human Capital Leadership Services Lead (Future of Work), Deloitte Consulting

When: Wednesday, 28 October 2020 | 11h00-12h00 (CAT/SAST)

Various containment measures imposed by governments in response to COVID-19, such as factory closures, have cut manufacturing and domestic demand worldwide. It is highly probable that the profitability of most global supply chains will decrease due to a decline in demand and interruptions to manufacturing and logistic processes. This impact of market volatility may vary over various industries.

During this webinar, our speakers unpacked the impact on supply chains and transfer pricing policy, discussed the impact which employee-related subsidies and governmental measures have on the calculation of transfer prices.Speakers further covered transfer pricing of financial transactions and discussed how changed locations, roles and responsibilities have had an effect on transfer pricing.

The session was presented by:

- Logan Wort, Executive Secretary: African Tax Administration Forum (ATAF)

- Billy Joubert, Senior Associate Director: Transfer Pricing, Deloitte Africa Tax & Legal

- Nereen Isaac, Senior Manager: Transfer Pricing, Deloitte Africa Tax & Legal

- April Nicholson, Senior Manager: Transfer Pricing, Deloitte Africa Tax & Legal

When: Wednesday, 12 August 2020 | 10h00 - 11h00

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During this distressed markets webinar, our speakers provided an overview of our defensive and offensive strategic framework to consider when working through a distressed market, key tax considerations of debt restructuring solutions, as well as covered various regulatory related aspects.

Panel members were:

- Johnathan Godden, Director: Head of Corporate Finance, M&A and Debt Advisory, Deloitte Africa

- Norman Mekgoe, Director: Global Business Tax Services, International Tax, Deloitte Africa Tax & Legal

- Louise Vosloo, Director: Global Business Tax Services, International Tax, Deloitte Africa Tax & Legal

- Steven Breslin, Associate Director: Transfer Pricing, Deloitte Africa Tax & Legal

When: Monday, 29 June 2020| 10h00 -11h30 (SAST)

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At the Africa regional webinar, our panel of speakers unpacked the general government relief measures provided in South, West and East Africa, the impact of COVID-19 on contracts (force majeure and material adverse change clauses) and the implications of the pandemic and resultant economic restrictions for commercial transactions. Our speakers also explored relief measures available to employers in South, West and East Africa, as well as the implications for remuneration of employees during the COVID-19 pandemic

The panel discussion was facilitated by Sibongile Solombela, Director, Deloitte Legal

Panel members were:

- Kenya: Patrick Chege, Associate Director, Deloitte Africa Tax & Legal

- Nigeria: Oluseye Arowolo, Partner, Deloitte Africa Tax & Legal

- Nigeria: Asiata Agboluaje, Senior Manager Deloitte Africa Tax & Legal

- South Africa: Samantha Tumber, Associate Director, Deloitte Legal

- South Africa: Anastasia Posokhov, Senior Manager, Deloitte Legal

- Uganda: Patronella Namubiru, Associate Director, Deloitte Africa Tax & Legal

When: Thursday, 25 June 2020| 10h00 -11h00 (SAST)

Executive summary

COVID-19 business impact – How to manage your commercial agreements both during and post lockdown

As the global and local economies continue to deal with the coronavirus (COVID-19), the pandemic has resulted in significant disruptions to ongoing commercial transactions. It is therefore imperative for organisations to pay particular attention to the potential impact and consequences of these disruptions on its agreed contractual terms. This entails amongst others, having measures in place for effective contract management and enforcement as well as contract governance.

At the commercial law webinar, Sibongile Solombela (Director: Legal), Tessa Quaker (Associate Director: Legal), Samantha Tumber (Associate Director: Legal) and Hanno Kruger (Senior Manager: Legal) unpacked the legal concept of force majeure in commercial agreements and its impact on enforcement of existing contractual rights and obligations, as well as explored some suggestions regarding effective contract management and governance post lockdown.

When: Wednesday, 20 May 2020 | 10h00 -11h00

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COVID-19 immigration management post lockdown

COVID-19 and the accompany worldwide lockdown, and closure of borders has presented certain challenges to companies, human resources and mobility staff, assignees and accompanying family alike, many of whom were caught in different stages of the immigration process when borders were closed. As the virus progresses around the globe and various countries are at different stages of easing lockdowns and looking to open borders again, many companies are keen to resume business as soon as possible, which requires consideration of the immigration process again, in what will likely be a “new” normal.

During the webinar, our subject matter experts discussed the above aspects, from a global, South African and regional perspective. The session was presented by:

- Lino de Ponte - Director: Global Employer Services (Global perspective)

- Shivana Sewchuran - Director: Global Employer Services (South African perspective)

- Shaun Kupersamy – Senior Manager: Global Employer Services (Regional perspective)

When: Thursday, 7 May 2020 | 14h00 -5h00

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COVID-19 labour impact – How to manage your workforce during and post lockdown

The coronavirus (COVID-19) and the mandated national lockdown are having an unquantifiable negative impact on businesses and individuals. Employers are required to consider how to mitigate the financial losses, while considering the well-being of their employees. With numerous changes in regulations and information over-load, it is challenging to keep abreast of your rights and obligations as an employer.

At this interactive employment law webinar, Sibongile Solombela (Director: Legal) and Anastasia Posokhov (Senior Manager: Legal and Employment Law Specialist) will unpacked the legal options available to you, as well as how to practically implement these through the progressive levels of the pandemic and lockdown.

When: Tuesday, 5 May 2020 | 10h00 -11h00

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