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Hit-and-run Motor Vehicle Collisions

02 May 2024,  Sinethemba Mashego

Hit-and-run motor vehicle accidents are governed by section 17(1)(b) of the Road Accident Fund Act 56 of 1996 read with Regulation 2.  

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47
Article

Quick Step Guide for after-care in a Car Collision

02 May 2024,  André Styger

Here are some general steps and guidance you might consider taking after a car collision. Keep in mind that laws... can vary depending on your location, so it's crucial to consult with a legal professional in your jurisdiction for advice tailored to your specific situation. Here are some general steps you might consider:

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67
Article

Subrogation in Motor Vehicle Accidents.

02 May 2024,  Dries Knoetze

“I was involved in a motor vehicle accident, nothing serious, my vehicle just got damaged. I have comprehensive insurance for... motor vehicle accidents, which is going to cover the damages to my vehicle, I must however pay an amount of R3500.00 as excess. Will my insurance company sue the negligent driver for the damages and will this include the excess paid by me?”  

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68
Article

Who is responsible for damages to my vehicle when hitting an animal on South African Roads?

02 May 2024,  Crystelle Steyn

Encountering an animal on the road while driving can be a frightening experience, not only for the safety risks involved... but also for the potential damage it can cause to your vehicle. In South Africa, where wildlife and domestic animals may roam freely in certain areas, understanding who bears responsibility for vehicle damage in such situations is essential.

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58
Article

Hit-and-run Motor Vehicle Collisions

02 May 2024,  Sinethemba Mashego

Hit-and-run motor vehicle accidents are governed by section 17(1)(b) of the Road Accident Fund Act 56 of 1996 read with Regulation 2.  

READ MORE
47
Article

Quick Step Guide for after-care in a Car Collision

02 May 2024,  André Styger

Here are some general steps and guidance you might consider taking after a car collision. Keep in mind that laws... can vary depending on your location, so it's crucial to consult with a legal professional in your jurisdiction for advice tailored to your specific situation. Here are some general steps you might consider:

READ MORE
67
Article

Subrogation in Motor Vehicle Accidents.

02 May 2024,  Dries Knoetze

“I was involved in a motor vehicle accident, nothing serious, my vehicle just got damaged. I have comprehensive insurance for... motor vehicle accidents, which is going to cover the damages to my vehicle, I must however pay an amount of R3500.00 as excess. Will my insurance company sue the negligent driver for the damages and will this include the excess paid by me?”  

READ MORE
68
Article

Who is responsible for damages to my vehicle when hitting an animal on South African Roads?

02 May 2024,  Crystelle Steyn

Encountering an animal on the road while driving can be a frightening experience, not only for the safety risks involved... but also for the potential damage it can cause to your vehicle. In South Africa, where wildlife and domestic animals may roam freely in certain areas, understanding who bears responsibility for vehicle damage in such situations is essential.

READ MORE
58
Article
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Filter: Corporate
When should you register your B-BBEE transaction with the B-BBEE Commission?

20 October 2022

Should your business consider an ownership transaction which may affect your ownership recognition for BEE purposes, it will be important... to also consider whether this transaction will require registration with the B-BBEE Commission. In this article we briefly unpack what the requirements for registration of a major B-BBEE transaction are.

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539
Article
When must a director disclose a financial interest?

08 February 2022

Being a director in a company does not necessarily stop you from holding shares in other companies. However, should your... company transact with another company in which you have a shareholding stake and from which you could potentially benefit, it becomes important that you disclose such financial interest to your co-directors, even if you can’t influence the transaction.

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547
Article
Companies Act Amendment Bill – less red tape or more?

14 December 2021

I understand there are amendments being proposed to the Companies Act? Will this help make life easier or harder for... our company? It feels as if there is always just more red tape whenever the law changes.

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658
Article
Share buyback? Possible, but take care!

15 November 2021

I’m a shareholder in a private company and wish to get rid of my shares to free up some cashflow.... That said, I don’t want to sell to a stranger and my other shareholders don’t want to buy my shares either. One of them suggested that the company buy back my shares. Is this allowed?

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690
Article
How long is a proxy valid for?

14 September 2021

I was recently appointed as a proxy to represent a shareholder at an upcoming shareholders meeting. Unfortunately, the meeting has... been rescheduled two months later, and I was wondering if the proxy will still be valid then or would I need to have a new proxy issued by the shareholder for the meeting?

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600
Article
Phantom share schemes – a very real option for incentivising your key staff

20 May 2021

Our family owns a very successful agriculture company that has been built up over the years by our family. We... have a number of employees that have also shown their value to the business and we would like to retain and reward them by giving them shares in the business. However, we feel strongly about the family nature of our business and don’t want a large number of shareholders with accompanying shareholder rights we have to involve in every decision. Is this possible to achieve?

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532
Article

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