Monthly Archives: May 2015

Debt prescription relief for consumers

“Debt, noun. An ingenious substitute for the chain and whip of the slave driver” (Ambrose Bierce) We are all aware how consumer debt has risen in the past several years, especially for the lower paid and poorer sections of the … Continue reading

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The new B-BBEE landscape: Ok for some, not so good for others

The new B-BBEE Codes of Good Practice are set to become effective on 1 May. For exempted micro-entities (EMEs) there is some good news as the threshold for EMEs has been raised from less than R5 million annual turnover to … Continue reading

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Reinstatement of deregistered companies: Are they (and directors) liable for their actions during deregistration?

In terms of the current Companies Act, companies and CCs can be deregistered for administrative reasons (in the vast majority of cases for not lodging annual returns and paying annual duty) and can apply to be reinstated. An anomaly exists … Continue reading

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Beware of fixed term contracts: What you need to know about amendments to the Labour Relations Act

Government has followed through on its intention of improving the rights of temporary lower paid workers. Employees with fixed term contracts are now, subject to the exceptions set out below, deemed to be part of the permanent labour force if … Continue reading

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