Legal Articles and Guides
Prominent businessman sued for R123.7m
Prominent businessman Lazarus Zim has been summonsed by a former stockbroker to pay him nearly R123.7m plus interest, for allegedly breaching an agreement linked to a broad-based black economic empowerment (B-BBEE) transaction involving JSE-listed Northam Platinum.
Signs of hope for technically insolvent Cell C
Cell C remains technically insolvent, but there are signs that it is starting to turn the corner ahead of a possible listing.
Online casino ordered to remove gambling ad
The use of cartoon characters, a giant doll and bright floating Lotto balls in a daytime television advert for gambling has seen Jackpot City fall foul of the advertising code.
Luxury travel agency’s gag bid thrown out
The Gauteng High Court (Johannesburg) has thrown out a luxury travel agency’s urgent bid to gag disgruntled clients who called the company a ‘scam’, while describing its trips as ‘the worst experience ever’ and a ‘disaster’ on social media.
MTN's shares crash over grand jury probe
MTN shares yesterday crashed, wiping out some R30bn in shareholder value at one point, as investors digested the prospect of increased risk of a sizeable hit stemming from its venture in Iran.
Court torpedoes R200bn Karpowership plan for good
A plan to station floating power-generation ships in three SA ports which was championed by former Energy Minister Gwede Mantashe, will no longer go ahead, according to TechCentral.
Zondo slams Ramaphosa over flawed appointments
Former Chief Justice Raymond Zondo has delivered a scathing rebuke to President Cyril Ramaphosa, saying it had pained him to swear in Cabinet Ministers who had serious state capture findings against them.
Illegal billboard owners give city the middle finger
Billboard owners, emboldened by industry intimidation tactics and government inaction, are costing local and national authorities millions of rands in lost revenue a Daily Maverick Investigation has found.
Regulator targets surge in online scams
SA’s financial-markets regulator is ramping up its operations to combat a surge in online scams, reports Moneyweb.
Mashatile family linked to lottery licence award
Adding to concerns over possible political interference in the award of the fourth national lottery licence, it has emerged that Sizekhaya Holdings, which landed the lucrative licence to operate the national lottery for eight years, has links to Deputy President Paul Mashatile.
How former Prasa bosses scored millions revealed
Former Prasa executives are at the helm of contractors accused of defrauding the parastatal of millions by grossly overcharging for their services while delivering substandard workmanship.
Acsa CEO takes steps to foil 'construction mafia'
Airports Company SA (Acsa) is taking an extreme measure to prevent its R21.7bn infrastructure programme from being derailed by the ‘construction mafia’ – secrecy.
SA moves on lifting greylisting
SA has completed all 22 action items that were required by the Financial Action Task Force (FATF) that greylisted the country in February 2023, opening the way for a possible lifting of the listing in October this year.
Digital visas bring more travellers to SA
A new digital visa scheme piloted by the Department of Home Affairs has drawn more than 11 000 tourists from China and India to SA in three months, with officials hailing it as a breakthrough for tourism and job creation, according to TimesLIVE.
Major relief as Trump backs down on tariffs
US President Donald Trump last night lowered tariffs on goods from dozens of countries to 10% for 90 days.
