Press Releases

Press Releases | VDM Attorneys

Official announcements and press releases from Van Deventer Dowlath & Marx Inc.

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Van Deventer Dowlath & Marx Incorporated (VDM) Welcomes Access Bank: A Strategic Partnership for Growth in Southern Africa

We are delighted to announce Van Deventer Dowlath & Marx Incorporated (VDM) new partnership with Access Bank, a dynamic pan-African financial institution with a bold expansion strategy - especially in the South African market.

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Surge in Platinum Group Metal Prices

Following a fairly subdued first five months of the year, the prices of platinum group metals (PGMs) suddenly came to light in June. Between 2 January and 2 July, the increases in the prices of platinum, palladium, rhodium and ruthenium amounted to 49%, 30%, 20% and 63%, respectively. South Africa is by far the world's

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A New Chapter Begins at 170 Grosvenor

I hope this message finds you packed with the same sense of excitement we're feeling on our side of the fence. I'm writing this article not just as your appointed conveyancer, but as a fellow stakeholder in the incredible vision that is 170 Grosvenor. A vision that's fast becoming a reality, thanks to the amazing respo

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Resumption of Rate-Cutting Cycle

The Monetary Policy Committee (MPC) of the Reserve Bank lowered the repo rate by 25 basis points at its May policy meeting, after stalling the rate-cutting cycle in March. This was the fourth rate cut since September last year, with the prime overdraft rate of the commercial banks now standing at 10.75%. Compared to th

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Household Finances Continue Upward Trend

The results of the Altron FinTech Household Resilience Index (AFHRI) for the fourth quarter of 2024 confirm a modest improvement in the financial disposition of South African households, mainly due to three cuts of 25 basis points each in the repo rate between September 2024 and January 2025.

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A Note on the Budget and US Tariff War

One would be embarking on a fool's errand to try and gauge the full impact of the tensions within the government of national unity (GNU) and the 30% tariff slapped on South Africa by US President Donald Trump.

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A Note on the Budget Postponement

The first ever postponement of the tabling of South Africa's national budget occurred on 19 February - the very day that it was scheduled for – evoking wide-ranging commentary from the full spectrum of society. However, the clinical capital market reaction provided a sobering reflection on the implications of the postp

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A Note on the New Land Expropriation Act by Dr Roelof Botha

Alarm has been raised over the signing into law of the new Expropriation Act, which allows government at local, provincial and national level to expropriate land in very specific circumstances, with the possibility of zero compensation. Fortunately, however, this Act is simply an update of the 1975 Expropriation Bill,

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