Pinsent Masons

2 weeks ago | pinsentmasons.com | Hannah Griffiths |Alasdair Weir |Aleesha Way |Alexis Coleman

Although section 442A of the Corporations Act 2001 (Cth) (‘the Act’) gives administrators the power to remove a director from office or appoint a replacement to a company, section 437A of the Act sets out the role of an administrator and specifies that while a company is in administration, the administrator has control of the company’s business, property and affairs.

3 weeks ago | pinsentmasons.com | Jennifer A. Wu |Aleesha Way |Alexis Coleman |Arwyn Jones

The Hong Kong Emergency Response Team Coordination Centre handled over more than 19,000 cybersecurity incidents in 2024 alone, a 35% increase compared to the previous year. Despite this increase, Hong Kong SAR had no statutory requirements for the protection of computer systems within its critical infrastructure (CI).

3 weeks ago | pinsentmasons.com | Anne-Marie Friel |Thomas King |Alastair Dale |Aleesha Way

The National Business Initiative estimates that the construction sector contributes approximately 7% of South Africa’s direct scope 1 carbon emissions, 18% of indirect scope 2 emissions through energy use and material production, and a substantial amount of scope 3 supply chain emissions, which are more difficult to measure.

3 weeks ago | pinsentmasons.com | Claire Barclay |Margo-Ann Werner |Aleesha Way |Alexis Coleman

With this in mind, Enoch Godongwana, South Africa’s minister of finance, outlined in the annual budget speech on 12 March the government’s plan to allocate R1.03 trillion (approx. US$54.7 billion) for public infrastructure projects by state-owned companies over the next three years. Included in the plan was R156.3 billion to water and sanitation infrastructure, R402 billion for road infrastructure and R219.2 billion for energy infrastructure.

3 weeks ago | pinsentmasons.com | Karah Howard |Aleesha Way |Alexis Coleman |Arwyn Jones

The number of renewable energy projects has skyrocketed in recent years, with wind and solar the largest source of new energy in 2023, representing a 40% of overall increase in new capacity of renewable power. In the next 10 years, there is expected to be over $3 trillion of investments into power generation in the Asia-Pacific region, with around half in renewables.