Legal Articles and Guides
JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245m subject to Competition Commission approval.
Two companies majority-owned by troubled Gupta-linked firm Regiments Capital have 10 days to withdraw their more than R1.2bn lawsuit against Capitec Bank for fronting, unfair racial discrimination and grossly negligent and fraudulent material misrepresentation, says a Weekend Argus report.
SAA is the one state-owned entity for which there is the least case for public ownership. Although there is an aspect of airfreight that has wide benefits, air travel is an upmarket option and state funds would be far better spent rehabilitating rail.
Some unions, business organisations and political parties have slammed the decision of First National Bank (FNB) to shut down the accounts of AYO Technologies and accused banks of being players in the country’s factional politics, rather than protecting jobs, says reports in Independent Media newspapers at the weekend.
In a lengthy media briefing yesterday – faithfully reported by some news outlets – the much-maligned Road Accident Fund (RAF) board has hit back at media campaigns that it claims are waged by groups that benefited from the entity’s inefficiencies.
Former SAA chairperson Dudu Myeni's attempts to reverse the lifetime declaration that she is a delinquent director may be almost over, with only the Constitutional Court option left.
SARS is not entitled to claim nearly R140m from jeans maker Levi Strauss, the SCA has ruled – even if some of Levi's tax calculations are dubious.
Construction companies and contractors are desperate for the government to help stop rogue groups from invading building sites and demanding stakes in their projects, reports Business Day.
Legal practitioners have lamented a ‘technical glitch’ that resulted in the government printers not confirming with customers when an advert will appear for publication in the Government Gazette, says a Business Day report.
Eskom, which is involved in a payment dispute with US-based technology giant Oracle, says it has put measures in place to ensure operations would not be disrupted should the company withdraw its services as threatened.
The Public Protector has found the Eastern Cape Health Department did not follow due process in procuring medical scooters for R10m to transport patients.
Both the government and the country’s financial institutions must make it clear to South Africans what will happen to mortgage bonds on properties expropriated under the Expropriation Bill, according to the Institute of Race Relations (IRR).
The SCA has ruled that Massmart could not claim nearly R1bn worth of losses from the taxman for a share incentive scheme implemented 20 years ago for senior managers.
The hospitality industry has warned that official liquidation figures of the economic impact of Covid-19 and lockdown have been described ‘as the tip of the iceberg’, says a report in The Mercury.
The National Consumer Tribunal has fined Up Money R1m for conducting a ‘pyramid scheme’ which swindled more than 200 000 investors.