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Monday, February 2nd, 2009
We sometimes get asked by technology companies: Where can we find someone to invest money into our company in exchange for equity?
Here are some options of people to contact in no particular order:[private]
Industrial Development Corporation (IDC)
Cape Venture Partners (CVP) - Tony Mallam - Partner
Hasso Plattner Ventures Africa - Andrea Bohmert ...
Posted in FAQs, Shareholders, Technology, eCommerce | No Comments »
Friday, January 16th, 2009
Who can enter into a valid and binding contract with no assistance? The same principles apply to both online and traditional agreements. This is important because it determines the pool of your customers. If you cannot contract with a person, they can't really be a customer of ...
Posted in Agreements, Goods or Services, Web Sites, eCommerce | No Comments »
Sunday, November 16th, 2008
Many South African technology businesses do not have an international strategy. However, many of them see South Africa as a good place to develop and test their idea or technology before taking it overseas and scaling it. "Hit the big-time" in other words. Many South African technology ...
Posted in Channel, SaaS, Technology, Web Sites, eCommerce | No Comments »
Tuesday, October 28th, 2008
Is the sale of on-line products (for example software downloaded directly from a website) subject to taxation?
South Africa previously had a predominantly source based tax system but adopted a resident based tax system some few years ago. The sale of online products will accordingly be subject to income tax where ...
Posted in Subscriber, eCommerce | No Comments »
Sunday, October 26th, 2008
This is not expressly prohibited by any law, but may possibly amount to a contravention of the provisions of the Copyright Act 98 of 1978.
Broadly speaking, copyright is the right given to the owner of a copyrighted work not to have that work copied (reproduced) without authorisation. Without law in ...
Posted in Subscriber, Web Sites, eCommerce | No Comments »
Saturday, October 25th, 2008
When would a website provider be liable for mistakes in information which it provides online? Can it avoid that liability?
The general principle is that a website provider must ensure that the content on the website is accurate and will a provider run the risk of being sued for breach of ...
Posted in Subscriber, eCommerce | No Comments »
Saturday, October 25th, 2008
Are South African residents permitted to use online casinos and betting websites? Is any regulatory consent or age, credit or other verification required?
The Supreme Court of Appeal (the highest authority on all cases except cases relating to constitutional rights), has held in the case of [private] Casino Enterprises (Pty) ...
Posted in Gaming, Subscriber, eCommerce | No Comments »
Thursday, October 23rd, 2008
Online gambling is not permissible under the current legislation, but will soon be once the National Gambling Amendment Bill gets enacted. Currently gambling in South Africa is regulated concurrently by national and provincial legislation. The National Gambling Act 7 of 2004 ("the National Gambling Act") governs all gambling activities in ...
Posted in FAQs, Gaming, Subscriber, Web Sites, eCommerce | No Comments »
Tuesday, October 21st, 2008
If a website provider includes databases on its site, can it stop other people from using or reproducing data from those databases?
Yes. A database is protected as a literary work under the Copyright Act 98 of 1978 whilst computer programs ...
Posted in FAQs, Intellectual Property, Subscriber, eCommerce | No Comments »
Friday, October 17th, 2008
Yes, you can issue bills (invoices, credit and debit notes) electronically instead of in paper format. But there are some legal requirements that have to be met. Failure to meet the legal requirements can invalidate your bills and result in a fine or penalty. The requirements set out by SARS ...
Posted in Compliance, Goods or Services, Guides, eCommerce | No Comments »
