IP Ownership – Read the Contract

This article from World University News is a great survey of the issues involved in Intellectual Property (“IP”) ownership, and the significance of the express language of the contract of employment. UWN – Who owns IP, university or…

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South Africa: Micro Business and Venture Capital Investment

Two relatively recent amendments to the Income Tax Act (South Africa) reflect a policy of encouraging the development of small enterprises. The first of these is aimed at reducing the compliance burden of micro enterprises and the second…

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Georgia: Wooing Foreign Investors

Georgian President Mikheil Saakashvili pushes a plan to liberalise the economy to attract more investment and decouple from the Russian economy. Follow the link to watch a brief video clip on the move by Georgia to boost its…

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Russia: Government Still has Faith in “Central Planning” Model

Every few years, we see the emergence of the “next big thing” which invariably required government to act as the economic incubator to spearhead a new national industrial base to challenge the worlds best.  Nano technology is, and…

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Zimbabwe: The Ill Effects of Ill Advised Government Action

This Blog reviews, and generally extols the virtue of, trade and economic liberalization.  The positive effects of trade and economic reform are well documented here and elsewhere.  Having said that, there has seldom in recent years, been such…

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UK: Companies Face Greater Compliance Requirements

Companies operating in the U.K. are set to face multiple Company Act amendments that include greater powers for the registrar and stricter legislation in reporting of any changes to company Articles but also allow more privacy to company…

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Australia: An Arguement for Tax Simplification

Although this articles could have appeared in one of dozens of national newspapers across the developed world, this recent article in The Age (Australia), makes a cogent case for reducing the complexity of the income tax system, and…

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Russia: A Great Historical Survey of the Progress Since 1990, and Where it May Lead!

An inefficient economy, semi-Soviet social sphere, fragile democracy, negative demographic trends, and unstable Caucasus represent very big problems, even for a country such as Russia.  But all is not lost, nor is it all negative.  This article is…

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Standards of Corporate Governance are Improving in South Africa

The impact of the Companies Act (South Africa) and “King III Report” on corporate governance reform, will serve to strengthen and clarify the roles and responsibilities of directors in South Africa.  This will have the effect of attracting…

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South Africa: Sasol Falls Short of First Round BEE Ownership Target

Legislation introduced four years ago, obligated South African mining companies to sell 15% of their assets to black investors by 2009 and 26 percent by 2014. The law aims to compensate for discrimination suffered during apartheid, which ended…

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