Legal Articles and Guides
Moti’s former legal advisor in witness protection
Zunaid Moti’s former legal adviser Clinton van Niekerk, who the businessman accuses of stealing sensitive files from his companies, is in witness protection and co-operating with the Hawks, ‘who have taken the information in his possession and the threat to his life, seriously’.
Steinhoff settles lawsuit with former Jooste partner
Steinhoff has settled a lawsuit relating to a former business partner of Marcus Jooste and European retailer Conforama, which it sold in 2020, reports BusinessLIVE.
Eskom blacklists 71 service providers over alleged graft
The Presidency yesterday said Eskom has had to blacklist most of its service providers and suppliers due to illegal activity and corruption, reports EWN.
SAA no longer insolvent
SAA, which exited business rescue about two years ago, is no longer technically insolvent, reports BusinessLIVE. MPs were told yesterday by the Treasury that the national airline had a net equity value of R1bn at end-December.
Not all greylisting tick-boxes checked
NDPP Shamila Batohi has told Parliament while SA has made big advances in meeting the requirements of the Financial Action Task Force (FATF), there are indications that it has not yet ticked all the boxes.
Major protests planned for Sona
A warning has been issued to MPs who attempt to disrupt tonight’s State of the Nation Address (Sona), in which President Cyril Ramaphosa is expected to unpack plans to tackle the country’s energy crisis.
De Ruyter criticises unbundling delays
Eskom CEO André de Ruyter has revealed the organisation sent the government a list of potential board members for a national transmission company a year ago and it is still waiting for them to be appointed, says a Business Day report.
60% chance of grey-listing
Compli-Serve says SA still faces a 60% likelihood of being grey-listed before the end of February, despite the fact that two critical pieces of legislation were hurried through in late 2022.
Spar’s former CEO steps down amid fraud allegations
Retail group Spar announced on Friday that former CEO Graham O'Conner was stepping down as chairperson so that it can better deal with all claims being made against it, reports Fin24.
Spar executives accused of fraud, perjury
The CEO, chair and head of Spar’s largest division have been accused of fraud and perjury before two High Courts by a retailer, who filed a criminal complaint at a Pretoria police station yesterday.
Jooste's insider trading fine slashed
A fine against former Steinhoff CEO Markus Jooste for insider trading has been cut by almost 90% after a local tribunal set aside the original penalty.
Eskom scrambles to avoid stage seven
Eskom last night called off the planned outage of Koeberg unit one at the eleventh hour as the utility scrambled to avoid moving to stage seven load shedding.
Property practitioners face deregistration threat
The property industry is up in arms about new regulations enforced by the Property Practitioners’ Regulatory Authority (PPRA) despite the ‘incompetence’ of the PPRA to administer examinations for candidate practitioners.
Store owner opens fraud case against Spar
The owner of a Spar store in Johannesburg has opened a case of fraud against the company's leadership, saying it deliberately inflated the price of the loss-making store he bought five years ago to make its balance sheet look better.
Ayo facing more turbulence
Ayo Technology Solutions reported weaker annual results in a year marred by higher input costs, supply chain delays, the global economic downturn, litigation and ‘ongoing reputational issues’, reports BusinessLIVE.
