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COX YEATS RECOGNISED IN CHAMBERS



        & PARTNERS 2026 RANKINGS




              ox Yeats has been       The practice is known for
              recognised in the       advising on business rescue,
        CChambers & Partners          restructuring and liquidation
        2026 rankings as a leading firm,   matters, often involving
        reflecting the firm’s continued   distressed assets, cross-border
        strength across key practice   considerations and high-stakes
        areas and its growing standing in  commercial outcomes.
        the South African legal market.
                                       Cox Yeats’ long-standing
          The 2026 results include    Shipping practice retained its
        improved firm rankings in both   Band 3 ranking, reinforcing
        Insurance and Restructuring &   the firm’s position as a trusted
        Insolvency, alongside continued   adviser in maritime, transport
        recognition for the firm’s    and international trade law. The
        established Shipping practice.   team advises on ship arrests,
        Chambers’ rankings are based   marine insurance, charterparty
        on independent research and    disputes, casualties and cross-
        in-depth client interviews,   border trade matters for local
        making the results a strong   and international clients.
        endorsement of the firm’s
                                       Individual recognition in
        technical expertise, commercial   the 2026 rankings further
        approach and client service.
                                      highlights the depth of expertise
          In Insurance, Cox Yeats has   within the firm. Andrew Clark,
        moved up to Band 3, improving   managing partner, is ranked
        on its Band 4 ranking in 2025.   Band 2 for Shipping and has
        The team is recognised for its   also been recognised in Band
        specialist insurance capability   3 for Insurance, reflecting his
        across marine, construction,   leadership across both sectors.
        engineering and professional   Gareth Cremen is ranked Band 3
        indemnity matters, acting     for Restructuring & Insolvency,
        for insurers, reinsurers and   acknowledging his experience
        brokers on complex claims     in guiding clients through
        and regulatory issues. The    complex financial distress and
        improved ranking reflects     turnaround situations. Richard
        consistent delivery of practical,   Hoal is ranked Band 4 for
        commercially focused advice in   Construction, recognising his
        a highly technical area of law.  work on major construction,
                                      engineering and infrastructure   and Cape Town. The firm is   TAG Alliances, Cox Yeats    https://chambers.com/law-firm/
          The firm’s Restructuring &                                                                                            cox-yeats-global-2:3734. 
        Insolvency practice achieved a   matters across the project   known for its partner-led,   also supports clients on
        Band 2 firm ranking in 2026,   lifecycle.                   collaborative approach and its   cross-border matters across   For more information
        marking a significant step     Founded in 1964, Cox         ability to deliver legal advice   more than 100 jurisdictions   Lerato Ramango
        forward from the previous     Yeats is a full-service South   that is closely aligned to   worldwide.                   National Marketing & Brand Manager
                                                                                                                                T: +27 (0)10 015 5825
        year, when the firm did not   African law firm with offices   clients’ commercial objectives.   The full Chambers & Partners   E: lramango@coxyeats.co.za
        hold a departmental ranking.   in Durban, Johannesburg      Through its membership of     2026 rankings are available here:    W: www.coxyeats.co.za




        FISCAL DISCIPLINE BEGINS TO PAY OFF



                                      expected to peak in 2025/26 at   The broader macroeconomic   persistent bottlenecks to private   and additional resources are
                                      78.9% of GDP before beginning   outlook remains cautious,   sector activity and job creation.  directed to public employment
                                      a gradual decline, while debt-  but there are signs of gradual                            programmes, underscoring the
                                                                                                   At the same time, the Budget
                                      service costs are projected to   improvement. Real GDP      recognises that weaknesses at   need to address unemployment
                                      grow more slowly than overall   growth is forecast to reach                               and inequality alongside efforts to
                                      spending for the first time this   1.6% in 2026 and rise to 2%   local government level continue   stabilise the public finances.
                                      decade. Together, these trends   by 2028, supported by a more   to undermine service delivery   For business, the message from
                                      point to some improvement in the  reliable electricity supply,   and investor confidence. With a
                                      credibility of the public finances   stabilising logistics networks   significant share of municipalities  the 2026 Budget is cautiously
                                      and a modest easing of a key   and lower borrowing costs. Four   under financial strain, national   encouraging. Fiscal discipline has
                                      constraint on economic growth.  consecutive quarters of growth   government is moving beyond   helped reduce macroeconomic
                                                                    point to a degree of resilience,   oversight towards more direct   risks, tax policy appears more
                                       For households and businesses,                             intervention, including tighter   stable, and infrastructure
                                      a notable development is the   even as global conditions    controls over hiring, payroll   reform is gathering pace. While
                                      withdrawal of the previously   remain unsettled.            and financial management. If   challenges remain, the underlying
                                      announced R20 billion in       On the spending side, the    effectively implemented, these   foundation looks firmer than it
        Finance Minister Enoch Godongwana  tax increases. Stronger-than-  Budget signals a clearer focus on   measures could play an important  has in some time. The test now
                                      anticipated fiscal outcomes,   supporting growth. Economic   role in improving outcomes on   lies in execution: translating
              he 2026 South African   alongside a more benign inflation   development is the fastest-  the ground.              improved public finances into
              Budget presented by     outlook, have allowed National   growing function, expanding at                           capable institutions and reliable
        TFinance Minister Enoch       Treasury to ease back from    an average of 5.8% a year, largely   Social spending remains central   infrastructure will be essential
        Godongwana on the 25 February   additional tax measures. This   due to increased allocations   to the Budget framework, with   if higher investment and more
        suggests that South Africa’s   reduces pressure on consumers   for infrastructure. Investment   the social wage accounting   durable growth are to follow. 
        financial position may be turning   and firms and removes a source   in energy, freight rail, ports   for about 60% of non-interest
        a corner after several difficult   of uncertainty that had weighed   and water security is intended   expenditure. Social grants   For the full Budget visit
        years. Government debt is now   on confidence.              to address some of the most   are increased above inflation,   www.gov.za/2026BudgetSpeech




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