Legal Articles and Guides
Golf estate under fire over disclosure certificates
The Links Gold Club and St Francis Links are preparing to defend themselves against the Companies and Intellectual Property Commission (CIPC) over their disclosure certificates.
Mazars takes over Oceana auditing from PwC
Fishing group Oceana has engaged global audit firm Mazars to take over, nearly two months after soured relations with PwC resulted in it unexpectedly quitting at the end of May.
Vodacom to create separate legal entity
Vodacom Group yesterday said it is establishing a separate legal entity for its SA tower business, after the group reported a 5.2% rise in first quarter revenue, helped by growth in its domestic operations.
Richemont considers changes to share structure
The share structure of Richemont that gives chair SA billionaire Johann Rupert half the voting rights, is in the spotlight after Bluebell Capital Partners, a European focused activist fund, asked for changes to the board, reports BusinessLIVE.
Distell takeover review application dismissed
The Western Cape High Court has dismissed an application by Cayman Islands-registered Sand Grove Capital Management to review the shareholder meeting that approved Heinken’s acquisition of Distell.
Futuregrowth warns of long battle over Acsa listing
Futuregrowth asset management has warned that the Airports Company SA (Acsa) could be headed for a long legal clash with its minority shareholders after the government reneged on its promise to privatise and list the airports operator.
Absa challenge about directors' independence
Axed Absa board member Sipho Pityana wants the bank to take him back or compensate him. Absa dismissed Pityana from its board in November 2021, which he is challenging in court.
Ex-Tongaat Hulett bosses get bail in R1.5bn fraud case
Former Tongaat Hulett CEO Peter Staude and six others, some ex-directors – charged in a R1.5bn fraud case involving the sugar producer – have been granted R30 000 bail each.
The start-up starter-pack
You are tired of the nine-to-five, but you have a great business idea. You decide that you are resigning first thing Monday morning to spend the next month getting your ducks in a row to start your cash cow, but you have no idea where to start? That is where most people start. If you do not know where to begin, read this post.
Guptas lose bid to block business rescue practitioners
The business rescue practitioners (BRPs) of Optimum Coal scored a High Court win over a Gupta bid to delay a creditors meeting that is aimed at pushing through a debt-to-equity takeover of the business.
No legal basis to Moyo’s R250m claim
Old Mutual hit out at its former CEO, Peter Moyo, ahead of a hearing in the Gauteng High Court in which the group’s former boss is seeking both reinstatement and R250m in damages from the company.
Tongaat Hulett files R450m lawsuit against former execs
Tongaat Hulett has filed a R450m civil claim against some of its former executives and is also seeking a order declaring them delinquent directors, reports Fin24.
Zuma’s ConCourt defiance unpacked at Moyo hearing
Old Mutual's legal team has rejected Dali Mpofu calls for the insurer's board members should be jailed. As previously reported, Moyo has applied to have directors (including chairperson Trevor Manuel) declared delinquents for alleged negligence and wilful misconduct.
Moyo asks court to jail Old Mutual directors
Almost 16 months since Old Mutual sought to end an acrimonious legal battle with Peter Moyo, the saga refuses to go away, reports BusinessLIVE.
