November 2020


National News National News November 2020

ENSafrica

Appointments: Cape Town: Charles de Wet has been appointed an Executive Consultant in the Tax department. He specialises in value-added tax (VAT"). He has nearly three decades' experience in advising local and international clients across multiple industries, including financial services companies, higher education and universities, as well as public benefit organisations. Charles was part of the team at the South African Revenue Service which implemented VAT in South Africa in 1991is an Associate in the Mauritius office.

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Snapshot of October 2020 . . . Deal Selection November 2020

SA Exchange Listed M&A

Accentuate advised it received a binding offer from Pruta Securities (Jersey) of 10 cents per offer share. Pruta previously held an 8.61% stake in Accentuate which, following the subscription for cash of 41,809,856 new shares at 10 cents per share, increased to 29.7%. Pruta proposes to delist the company but if the scheme is not approved by shareholders it will make a general standby offer to minorities.

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