Our team advised Bank of China the issuance, of ZAR 350 million unsecured floating rate notes on the Interest Rate Market of the JSE
- Home
- Home
- Our team advised Bank of China the issuance, of ZAR 350 million unsecured floating rate notes on the Interest Rate Market of the JSE
Our team advised Bank of China the issuance, of ZAR 350 million unsecured floating rate notes on the Interest Rate Market of the JSE
Cliffe Dekker Hofmeyr represented the Bank of China’s Johannesburg Branch.
Bank of China is one of the five largest state-owned commercial banks in the People's Republic of China. Our capital markets team advised this prestigious client in the issuance, in December 2017, of ZAR 350 million unsecured floating rate notes on the Interest Rate Market of the JSE. The issuance was made under the Bank of China’s ZAR 15 billion domestic medium term note programme.
You might also be interested in

21 Aug 2024
by Sammy Ndolo and Damaris Muia
New legislative developments under the Movable Property Security Rights (Amendment) Bill, 2024
The Movable Property Security Rights (Amendment) Bill, 2024 (Bill) proposes to make amendments to various statutes to harmonise laws relating to security over movable property, including the Movable Property Security Rights Act, Cap 499A Laws of Kenya (MPSRA) and the Companies Act, Cap 486 Laws of Kenya (Companies Act).The Bill also proposes to repeal the Hire Purchase Act, Cap 507 Laws of Kenya (HPA). In this alert, we consider some of the proposed amendments under the Bill.
Corporate & Commercial Law
3 min read

9 Sep 2024
by Jean Ewang, Sashin Naidoo and Khutso Mongadi
Unlawful termination of employment contracts: No automatic right to specific performance
In the Labour Appeal Court (LAC) case of Passenger Rail Agency of South Africa and Others v Ngoye and Others [2024 45 ILJ 1228 (LAC) the LAC affirmed the that the dispute resolution procedures in the Labour Relations Act 66 of 1995 (LRA) do not defeat an employee’s right to rely on the common law contractual recourse, provided that the applicant pleads their case on this basis, as the right to not be unfairly dismissed is not the only right that may be implicated as a result of a dismissal.
Employment Law
2 min read

10 Jun 2024
by Anli Bezuidenhout, Lynsey Foot and Kirsten Davids
Unequal pay for equal work: When is it discrimination?
Can paying your employees the same wage or salary amount to unfair discrimination? What does one have to prove in order to satisfy the court that such an allegation indeed constitutes unfair discrimination in terms of the Employment Equity Act 55 of 1998 (EEA)? The Labour Court in AMCU obo Members v Aberdare Cables (Pty) Ltd (P135/2021) ZALCPE 3 (15 February 2024) was called on to answer these questions in the scenario where an employer was alleged to have discriminated unfairly against itsemployees.
Employment Law
3 min read

31 Jan 2025
by Burton Meyer and Denise Durand
The dispute resolution landscape for the mining industry in South Africa
South Africa, a country rich in minerals, presents significant opportunities, as well as challenges, for international investors seeking to invest in South Africa and beneficiate minerals for the good of the local and global economies. Investment in South African minerals, whether in the form of debt funding or equity, requires knowledge and understanding of the context and legal frameworks within which such investment is made.
8 min read

8 Jul 2024
by Taryn York and Mapaseka Nketu
The Constitutional Court dismisses the Minister’s application for leave to appeal ZEP judgment
On 28 June 2023, the High Court declared the decision by Dr Aaron Motsoaledi, the former Minister of Home Affairs (Minister), to terminate the Zimbabwean Exemption Permit (ZEP) unlawful, unconstitutional and invalid. This decision concerned the rights of over 178,000 ZEP holders. As a consequence, the court remitted the matter back to the Minister for reconsideration following a fair process in accordance with the Promotion of Administrative Justice Act 3 of 2000 (PAJA).
Immigration Law
3 min read

29 Jan 2025
by Alex Kanyi
Webinar Recording | Tax outlook 2025: What's next for Kenya's tax landscape
Alex Kanyi and Lena Onyango, Partners in the Tax & Exchange Control practice hosted a webinar titled "Tax outlook 2025: What's next for Kenya's tax landscape"
Tax & Exchange Control
55:59 Minutes