Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Apr 02, 2025 06:57 PM All times are UTC

Follow Series

©Econometrics LLC 2025. All Rights Reserved.

Rehana Cassim

Senior Lecturer in Company Law, University of South Africa
Dr Rehana Cassim is a Senior Lecturer in the Department of Mercantile Law at the Unisa of South Africa. She holds a BA degree (cum laude), an LLB degree (cum laude), a postgraduate LLM in Company Law (cum laude) from the University of the Witwatersrand, Johannesburg and an LLD (in Company Law) from the University of South Africa, Pretoria. Rehana was the recipient of the Society of Advocates Prize for the most distinguished LLB graduate at the University of the Witwatersrand and the recipient of the Faculty of Arts Gold Medal awarded to the most distinguished Bachelor of Arts graduate at the University of the Witwatersrand.

She is an admitted Attorney and Notary Public of the High Court of South Africa. She worked as a research assistant for a year at the Constitutional Court of South Africa. She clerked for the Honourable Justice Albie Sachs and for the Honourable Justice Zak Yacoob. She completed her articles of clerkship at Bowman Gilfillan Attorneys and practised as a Senior Associate specialising in Corporate law. She has lectured Company Law at the University of the Witwatersrand. Rehana joined the Mercantile Law Department of Unisa in 2013. She has contributed to several scholarly books on Company Law, and has published largely in the field of Company Law. Her work has been cited in some High Court judgments. In 2019 Rehana was awarded the Unisa Women in Research Emerging Researcher Award for Excellence in Research.

Directors need limits to how many boards they sit on. Stretching their time too thinly is risky

Jan 25, 2023 04:47 am UTC| Business

Experienced directors of companies are in high demand in countries around the world. For this reason, many hold multiple directorships. Theres an upside to this. Directors with multiple directorships are able to gain...

4 ways companies can strengthen their boards to make it through tough economic times

Oct 24, 2022 17:28 pm UTC| Economy

South Africas economy is struggling. A number of factors are behind the decline. These include severe power cuts which are taking their toll on all spheres of the economy, rising inflation, increases in food prices, the...

When a company falls out with its CEO: lessons from South Africa's Old Mutual

Jan 28, 2020 08:46 am UTC| Insights & Views Economy

A legal battle between Old Mutual, the South African-based pan-African investment, savings and insurance group, and its chief executive officer Peter Moyo has dominated news headlines in the country for the past eight...

Dismissal of directors: South Africa's law needs clarity on the role of courts

Aug 15, 2019 17:52 pm UTC| Insights & Views Law

Over eight years ago South African company law gave boards of directors the power to remove a fellow director, provided they do so in defined circumstances. The law also requires them to follow the correct legal...

Economy

Trade War Escalation: Trump's Tariffs Target India, Japan, and Canada

On April 2, 2025, President Trump is scheduled to announce his Liberation Day tariff plan at 4 p.m. ET in the White House Rose Garden, with immediate implementation expected. The plan focuses on imposing reciprocal...

Indian Rupee Eyes US Tariff Move as Bond Yields Slide Ahead of RBI Policy

The Indian rupee may face headwinds this week as markets brace for the U.S. announcement of reciprocal tariffs, set for April 2. Investors are closely watching the potential fallout on global trade and growth, with...

White House Confirms Trump’s New Tariffs to Reshape Global Trade

The White House confirmed President Donald Trump will announce new tariffs on Wednesday, with a 25% duty on auto imports taking effect April 3 and immediate reciprocal tariffs on countries taxing U.S. goods. Though details...

Australia Vows to Protect Beef Exports Amid Looming U.S. Tariffs

Australian Prime Minister Anthony Albanese and opposition leader Peter Dutton have both pledged to defend the nations interests as the U.S. considers imposing tariffs that could impact Australian beef exports. Despite a...

Fed’s Goolsbee Warns Trump Tariffs Could Fuel Inflation, Hurt Growth

Chicago Federal Reserve President Austan Goolsbee warned that President Donald Trumps proposed trade tariffs could pose risks to U.S. inflation and economic growth. In a Fox News interview, Goolsbee acknowledged the...

Politics

South Korea Parliament Moves to Impeach Finance Minister Choi Sang-mok

South Koreas National Assembly has officially introduced a motion to impeach Finance Minister Choi Sang-mok, marking a significant development in the countrys political landscape. The motion, submitted on Wednesday,...

Trump Administration Layoffs Disrupt FDA Bird Flu Response Efforts

The Trump administration has dismissed key staff from the U.S. Food and Drug Administration (FDA) involved in bird flu response efforts, as part of mass layoffs at the Department of Health and Human Services. The move...

NLRB Halts Apple Cases Following Trump’s Nomination of Apple-Linked Lawyer

The U.S. National Labor Relations Board (NLRB) has unexpectedly paused two legal cases against Apple Inc (NASDAQ: AAPL) shortly after President Donald Trump nominated Crystal Careya lawyer previously representing Appleas...

North Korea Slams US-Japan Missile Pact as Regional Threat

North Korea has strongly condemned a recent agreement between the United States and Japan to co-produce air-to-air missiles, calling it a serious threat to regional stability. According to North Koreas state-run KCNA news...

UK Introduces £10 Electronic Travel Permit for EU Visitors Starting April

Starting April 3, 2025, European visitors to the UK will need to apply for an Electronic Travel Authorisation (ETA) before entering the country. The move brings the UK in line with other countries tightening border...

Science

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

What are the chances an asteroid will impact Earth in 2032?

For a few days in mid-February, headlines around the world buzzed about the potential for an asteroid to hit the Earth in 2032 specifically, asteroid 2024 YR4. The chance of this impact rose to a high of 3.1 per cent on...

A new study reveals the structure of violent winds 1,300 light years away

The planet WASP-121b is extreme. Its a gas giant almost twice as big as Jupiter orbiting extremely close to its star50 times closer than the Earth does around the Sun. WASP-121b is so close to its star that tidal forces...

Technology

ReliaQuest Secures $500M to Boost AI Cybersecurity, Hits $3.4B Valuation

ReliaQuest, a leading AI-powered cybersecurity company, has raised over $500 million in a new funding round led by EQT, KKR, and FTV Capital, pushing its valuation to $3.4 billion. Other backers in this round include Ten...

GlobalFoundries and UMC Explore Merger Amid U.S. Chip Strategy Shift

United Microelectronics Corp. (UMC), a major Taiwanese semiconductor foundry, and U.S.-based GlobalFoundries (NASDAQ: GFS) are reportedly in early talks about a potential merger, according to sources cited by Reuters. If...

Intel CEO Lip-Bu Tan Outlines Bold Turnaround Strategy at IntelVision 2025

At the IntelVision 2025 conference, new Intel (NASDAQ: INTC) CEO Lip-Bu Tan unveiled a transformative vision to revitalize the tech giant. Since taking the helm on March 12, Tan has prioritized customer engagement and...

OpenAI Secures $40B from SoftBank, Reaches $300B Valuation Amid AI Boom

OpenAI announced Monday it has raised $40 billion in a funding round led by Japans SoftBank Group Corp. (TYO:9984), pushing the AI firms valuation to a staggering $300 billion. This marks a major leap from its $157 billion...

Apple and Elon Musk Clash Over Satellite Connectivity as Starlink Faces New Rival

Apple Inc. (NASDAQ: AAPL) is facing pushback from Elon Musk over its expanding satellite connectivity plans, potentially positioning the tech giant as a direct competitor to Musks Starlink network, according to the Wall...