Tuesday, April 14, 2020
The Monetary Policy Committee of the SA Reserve Bank has cut the repo rate by another 100 basis points bringing South Africa's repo rate to 4.25% per annum, the prime lending rate now adjusted to 7.75% per annum.
Force Majeure is a situation which allows for parties to agreements to be freed from all obligations and liabilities when an extraordinary event, beyond the control of either of the parties, prevent one or both of them from fulfilling their contractual obligations.
Wednesday, April 8, 2020
A Guidance Note on the processing of personal information of data subjects in the management and containment of COVID-19 has been published by the Information Regulator. The Guidance Note was published in terms of the Protection of Personal Information Act (POPIA). The issuance of the Guidance Note follows the publication of the Regulations which were made in terms of section 27(2) of the Disaster Management Act in March 2020, including those that allow for the tracking and tracing of infected persons and potentially infected persons via cell phone and location data.
Due to the current COVID-19 lockdown situation, please take note of the following regarding the Deeds Offices
Tuesday, April 7, 2020
Business must understand the reciprocal rights and duties created for employers and employees now during the crisis. The Occupational Health and Safety Act, 85 of 1993 the Labour Relations Act, 66 of 1995 and the Basic Conditions of Employment Act 75 of 1997 remain in force and constitute the statutory framework within which the rights and obligations of employers and workers are defined. Contracts of employment concluded with workers and policies amplifying such contracts continue to encapsulate the common law rights of employers and employees.
Wednesday, April 1, 2020
Shareholders are motivated to invest more in financial markets when their rights are protected in terms of regulated rules. They are more inclined to invest in a country which has effective legal regulations, which leads to the development of the financial markets. This, in turn, allows scope for earning a favourable return on investment.
Tuesday, March 31, 2020
The Minister of Environment, Forestry and Fisheries, has by Notice in the Gazette under regulation 10(8) of the Regulations, in terms of section 27(2) of the Disaster Management Act, 57 of 2002, issued directions to address, prevent and combat the spread of COVID-19
Friday, March 27, 2020
After the press conference held on the 23rd of March 2020 by President Cyril Ramaphosa, rumor has it that the City of Tshwane is temporarily not attending to any work or client's until precautions are put in place.
Thursday, March 26, 2020
The HPCSA has issued a guideline to update outdated telemedicine guidelines in order to assist healthcare practitioners and patients to deal with the Covid-19 pandemic as safely as possible.
Thursday, March 5, 2020
From 1 January 2020 all companies (large or small, trading or dormant, private, public, incorporated, etc.) must complete the CIPC's new compliance checklist prior to filing its annual return.
