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Franchise code punts alternative dispute resolutions

By Daily News Published on Friday, 15 March 2024
Tags: #Business & Industry Law #General Legal Practice
While the franchise sector has the advantage of using an established model backed by a record of success, it has faced a series of setbacks, with load shedding, increased fuel prices and interest rates, a weaker rand and Covid-19 all taking their toll.

RCL reveals plan to unbundle Rainbow Chicken

By Daily News Published on Tuesday, 05 March 2024
Tags: #Business & Industry Law
RCL Foods, which is controlled by Johann Rupert’s Remgro, has taken its first specific steps to unbundle its Rainbow Chicken division, flagging a plan to list it separately, reports Fin24.

'Fake qualifications’ boss throws in the towel

By Daily News Published on Tuesday, 27 February 2024
Tags: #Business & Industry Law #Ethics
Langalezwe Madonko, the central figure in a fake qualification controversy at private equity company Summit Africa, has resigned from his senior position at a black industry body, reports Fin24.

Another twist in the ‘Please Call Me’ saga

By Daily News Published on Tuesday, 20 February 2024
Tags: #Business & Industry Law #Litigation #Science & Technology Law
If Nkosana Makate invented the Please Call Me service, the subject of the ongoing 15-year-old court case between him and Vodacom, where is his patent? Or even his application for one?

SA company wins R8bn platinum mine fight

By Daily News Published on Monday, 19 February 2024
Tags: #Business & Industry Law #Litigation
The Gauteng High Court (Pretoria) has thwarted attempts by a Chinese-owned company to claim mineral rights in Limpopo worth billions of rands.

Car dealership cybercrime appeal upheld

By Daily News Published on Friday, 16 February 2024
Tags: #Business & Industry Law #Motor Vehicles #Science & Technology Law
Cybercrime was once again the topic of a legal wrangle, this time between two car sale companies, with the one who bought two bakkies from the other, only to discover after delivery of the vehicles that cybercriminals had intercepted the electronic payment made for the vehicles.

Sekunjalo accounts will remain open

By Daily News Published on Friday, 16 February 2024
Tags: #Banking & Finance Law #Business & Industry Law #Constitutional Law #Litigation
In what The Star calls an undertaking that ‘popped out of the woodwork at 4pm’ in the Western Cape High Court yesterday, lawyers for Standard Bank said the bank accounts of the Sekunjalo Group of companies would remain open even if an interim interdict against the bank was not upheld.

Libyan fund takes on Legacy Hotels in hostile bid

By Daily News Published on Thursday, 08 February 2024
Tags: #Business & Industry Law #Litigation
A R1.2trn Libyan sovereign wealth fund has launched a hostile takeover bid for one of SA’s premier hospitality groups, Legacy Hotels, following a bitter boardroom fallout, putting a multi-billion-rand property portfolio at stake with implications for funders.

SIU recovers R700m NSFAS funds

By Daily News Published on Thursday, 08 February 2024
Tags: #Business & Industry Law
The Special Investigating Unit (SIU) probe into the troubled National Student Financial Aid Scheme (NSFAS) has led to recoveries to the tune of more than R700m, reports News24.

Ellies on the ropes after failing to diversify

By Daily News Published on Thursday, 01 February 2024
Tags: #Business & Industry Law #Insolvency Law
Ellies has filed for business rescue after it couldn’t secure backing from its lenders, Business Day reports.

Leoka parts company with MTN and Amplats

By Daily News Published on Tuesday, 23 January 2024
Tags: #Business & Industry Law #Company Law #Ethics
Economist Thabi Leoka has resigned from the board of MTN SA amid questions over whether she has a PhD from the London School of Economics (LSE).

Software giant in hefty bribe settlement with SA

By Daily News Published on Friday, 12 January 2024
Tags: #Business & Industry Law
German software maker SAP has agreed to pay more than $220m (R4bn) to settle bribery investigations against it in SA and the US, including findings that it bribed officials to win Eskom contracts.

Body blow for firm setting up influencers' fights

By Daily News Published on Monday, 08 January 2024
Tags: #Business & Industry Law #Litigation
A company arranging boxing matches between social media influencers may face scrutiny from the prosecuting authorities and the companies regulator after the Gauteng High Court (Pretoria) found the contests were unlawful.

Juice firm sanctioned over misleading label

By Daily News Published on Monday, 08 January 2024
Tags: #Business & Industry Law
The advertising regulator has ordered a KZN fruit juice firm to repackage a product that gave the wrong idea that it contained 42% cranberry juice.

Cape Town loses parking operator case

By Daily News Published on Monday, 04 December 2023
Tags: #Business & Industry Law #Litigation
Cape Town motorists will be able to continue paying cash for their kerbside parking in the city’s CBD after the Western Cape High Court set aside the city’s tender award to a cashless parking operator.

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