Blog Articles

Cabinet has approved the publication of the Draft Legal Sector Code for public commentary, as members of the legal profession do not have a sector code to guide them in addressing the imbalances and inequalities within the profession.

The first Companies Act was implemented in 1926 and was based on the Transvaal Companies Act which was written in line with the British Companies Act 1908. Since then it has been amended twice and today we are using the Companies Act of 2008 (“the Act”). The importance of the Act is to provide for the incorporation, registration, management and capitalisation of profits in every company.

Employers and Employees often complain about being unsure what is expected of them regarding aspects of their employment relationship. It is advisable to conclude a contract of employment which stipulates the respective contractual obligations, rights and the terms and conditions so as to limit both parties’ risks and ensure to that they are aware of what is expected of them.

When a company advertises a new position and applications trickle in, interviews are arranged and background checks are conducted to separate the wheat from the chaff. A reliable reference can make or break the trust already established by the parties.

The recent pandemic has been an eye opener when it comes to company continuity. What will happen if one or more of the shareholders die or become disabled, and where does their portion of the shares go?

The amended B-BBEE Codes provided much-needed clarity and guidance on how to calculate a consolidated BEE Certificate when it comes to Joint Ventures. To determine which scorecard will be applicable and whether the Joint Venture will be rated as a QSE or Generic Entity, the turnovers of all the parties in the Joint Venture will be consolidated.