B2B Central

legal

11 Oct 2021

Local legal financier raises over R145m for commercial litigants

By Staff Writer

Taurus Fund One raised by Taurus Capital is a litigation fund available for high value commercial litigation matters in South Africa. The availability of the funds provides a war-chest to litigants which can be used to bolster the quality and experience of the legal team and experts, if required.

23 Sep 2021

The abuse of business rescue

By Staff Writer

The introduction of Chapter 6 of the Companies Act 71 of 2008 (the Act) brought with it a shift from a creditor-protectionist society towards a business rescue model that is debtor-protectionist. In consequence, there has been a multitude of applications over the last 13 years, which showcase the blatant exploitation of the business rescue scheme.
07 Sep 2021

SARS’ role in the criminal justice system

By Staff Writer

SARS is mandated through legislation to conduct a criminal investigation if it suspects tax fraud. Once it has been finalised, they register a formal complaint with the South African Police Services. This initiates the criminal justice process. A case docket is then forwarded to the National Prosecuting Authority (NPA), where their Special Tax Unit prosecutors decide whether to commence prosecution and issue the taxpayer with a summons to appear in court.
07 Sep 2021

Dawn of a new digital era for dispute resolution in SA

By Staff Writer

The unprecedented COVID-19 pandemic, and the consequent lockdown levels, affected every aspect of life as we knew it – and the legal fraternity was no exception. Despite courts being considered an essential service since the first Alert Level 4 lockdown in 2020, court processes in South Africa had to rapidly change and recalibrate to adapt to the so-called “new norm”. This was only made possible through the implementation of digital platforms.
31 Aug 2021

Winding up a deceased estate

By Staff Writer

Losing a spouse or family member is traumatic enough. Being unprepared for the financial realities of death can make it even more devastating. Madelein Steenkamp, Legal Specialist at PSG Wealth, says “The Covid-19 pandemic has brought with it an increased awareness around our own mortality, and the importance of having your affairs in order to protect loved ones.”

16 Jul 2021

SA riots – does force majeure apply?

By Staff Writer

Businesses experiencing disruption from the recent events in South Africa may be able to invoke force majeure clauses in contracts, or the law of supervening impossibility, depending on the circumstances.
25 May 2021

Five changes to the Employment Equity Act amendment and what they mean for employers

By Staff Writer

BY: Advocate Tertius Wessels from Strata-G Labour Solutions The Department of Employment and Labour has proposed amendments to the Employment Equity Act, which seek to give the Minister of Labour, Thulas Nxesi, the authority to set employment equity targets for employers across the economy, among other notable changes. These are the five most notable changes...
13 Apr 2021

Registration open for Pension Lawyers Association of SA's annual conference

By Staff Writer

As always, much thought has gone into producing a conference which is thought-provoking and challenging and which offers high quality analysis, but always with a view to its practical application.
09 Apr 2021

Clearing the haze: Getting to grips with legislation around cannabis, CBD and hemp in SA

By Staff Writer

BY: Janusz F Luterek, Pr.Eng for Hahn & Hahn Attorneys There has been a haze surrounding the use of Cannabis in South Africa ever since the Constitutional Court Judgement in the Prince case in 2018.  Since 22 May 2020 amendments to the Scheduling Regulations were published in terms of which besides scheduling certain CBD medicinal...
01 Apr 2021

A practical guide to the most important aspects of POPIA

By Staff Writer

With the commencement date of the Protection of Personal Information Act 4 of 2013 (POPI) of 1 July 2021 fast approaching, businesses should be reviewing their use of personal information to determine if it complies with the Act.

30 Mar 2021

How SAHPRA adapted to COVID-19

By Staff Writer

As the entire world ushered in 2020, no one had any idea how life, businesses, governments, and nations would be disrupted. The ‘normal’ that we were so familiar with got eroded rapidly as the pandemic gripped society with deadly force. Dr Boitumelo Semete-Makokotlela, CEO of SAHPRA, discusses how the authority has adapted during COVID-19 while...
11 Feb 2021

Investment scams: When the bad guy does a runner

By Staff Writer

South Africans have once again been duped and sickened by the recent Mirror Trading International/Bitcoin investment scandal: one we are all too familiar with – the bad guy running off with the loot and then skipping the country. MTI, which was started in April 2019, collapsed after its CEO Johann Steynberg fled the country with an estimated R5 billion worth of investors’ Bitcoin
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