CIPC Announcement on beneficial ownership

Transitioning GLA titles: Avoiding pitfalls

Imagine holding what you believe to be a title document, only to be confronted with uncertainty as to its validity and a seemingly straightforward document produces more questions than answers.

General considerations when providing or taking security

All commercial agreements have varying degrees of risks associated with them – how those exposures are mitigated, underwritten and secured is crucially important for the sustainability any transaction. This article seeks to identify some practical considerations that should be taken into account when taking or providing security. These include key principles on how to keep security simple and focused on its purpose, as well as guidance on how best to mitigate risks, ensuring sustainable and commercially viable agreements, particularly in fundingtransactions. 

Flexible working practices: Balancing business needs and employee preference

Prior to the COVID-19 pandemic and the lockdown regulations that followed, most workplaces implemented traditional norms in relation to regulating working hours. Employees were expected to report to work at a certain time, were entitled to a meal break, and exited the workplace at the end of the workday.

To guarantee or not to guarantee? Rights of recourse against a principal debtor

The case of Nedbank Limited v Xanita (Pty) Limited (885/2019) ZAWCHC 144 (12 June 2023) addressed and clarified the principles surrounding a guarantee and the right of recourse that a guarantor has against a principal debtor. The case also assessed the legal obligations of a guarantor in comparison to that of a surety.

Increasing accessibility: The Competition Commission’s Fresh Produce Market Inquiry

On 23 March 2023, the Competition Commission (Commission) initiated the Fresh Produce Market Inquiry (the inquiry). The scope of the inquiry was set out in the final terms of reference (ToR).

Another draft Employment Equity economic sector targets: Have comments been considered?