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The financial pinch is subsiding. Are you ready?

02 January 2025,  Gerda Janse van Rensburg

South Africa has some of the highest debt ratios in the world, and with the turn in the property market,... consumers will want to start buying property again in the next few months, but without success.

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91
Article

Fraud, Cyber Hacking and Phishing

02 January 2025,  Dries Knoetze

“I recently purchased a motor vehicle and paid the deal by way of electronic fund transfer. The motor dealer and... I have been communicating via emails for weeks prior to the payment and amongst these emails, the motor dealer provided me with their banking details. I made the payment into the account so provided to me via email only to find out that the banking details of the dealer was changed by an unknown person who hacked our communication. I paid R800 000.00 towards this vehicle, and now the dealer refuses to give me the vehicle as they did not receive my payment.?”  

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35
Article

Why Is My Debt So High If I Was Handed Over to a Lawyer?

02 January 2025,  Crystelle Steyn

If you have unpaid debt and was handed to a lawyer, you might find yourself asking why your debt seems... to have ballooned despite the small amount you have left to pay. 

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52
Article

Debt Review in South Africa: How It Works and Why It Matters

02 January 2025,  Ashleigh Carstens

If you’ve ever felt overwhelmed by debt, you’re not alone. Many South Africans struggle to keep up with monthly payments,... often juggling multiple loans, credit cards, and other financial obligations.

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35
Article

The financial pinch is subsiding. Are you ready?

02 January 2025,  Gerda Janse van Rensburg

South Africa has some of the highest debt ratios in the world, and with the turn in the property market,... consumers will want to start buying property again in the next few months, but without success.

READ MORE
91
Article

Fraud, Cyber Hacking and Phishing

02 January 2025,  Dries Knoetze

“I recently purchased a motor vehicle and paid the deal by way of electronic fund transfer. The motor dealer and... I have been communicating via emails for weeks prior to the payment and amongst these emails, the motor dealer provided me with their banking details. I made the payment into the account so provided to me via email only to find out that the banking details of the dealer was changed by an unknown person who hacked our communication. I paid R800 000.00 towards this vehicle, and now the dealer refuses to give me the vehicle as they did not receive my payment.?”  

READ MORE
35
Article

Why Is My Debt So High If I Was Handed Over to a Lawyer?

02 January 2025,  Crystelle Steyn

If you have unpaid debt and was handed to a lawyer, you might find yourself asking why your debt seems... to have ballooned despite the small amount you have left to pay. 

READ MORE
52
Article

Debt Review in South Africa: How It Works and Why It Matters

02 January 2025,  Ashleigh Carstens

If you’ve ever felt overwhelmed by debt, you’re not alone. Many South Africans struggle to keep up with monthly payments,... often juggling multiple loans, credit cards, and other financial obligations.

READ MORE
35
Article
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Filter: Companies Act
The Companies Amendment Act puts directors in the hot seat

03 October 2024

Recent amendments to the Companies Act—through the Companies Amendment Act 16 of 2024 and Companies Amendment Act 17 of 2024... (collectively referred to as the “Amendment Acts”)—introduce a host of changes that all directors need to be aware of. This article offers an overview of the significant updates to the Act.  

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112
Article
Deregistration looms for non-compliant companies

24 July 2024

The recent ruling of Goosen v Minister of Trade and Industry and Others (EL 639/2024) [2024] ZAECELLC 28 highlights the... critical duty companies have to file annual returns with the Companies and Intellectual Property Commission (CIPC) and the significance of the procedures companies must follow to reinstate a deregistered company. 

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151
Article
Where does director liability end?

26 June 2024

The actions of a company director are often seen as the actions of the company, leading to the perception that... where a company has potentially caused harm or damage at the direction of its directors, the directors are automatically liable for such loss or damage. Our Supreme Court of Appeal recently had occasion to consider this position and when directors can be held liable.

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143
Article
Should you bother with a shareholders’ agreement?

19 May 2022

You’ve decided to set up a company or have had a company for a while but have never gotten so... far as to have a shareholders’ agreement drawn up for the company shareholders. You’ve wondered if it’s necessary or even what the point of a shareholders’ agreement is. In this article we briefly explain the purpose of these company documents and how they relate to each other.

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743
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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879
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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950
Article

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