There has been enough said on the negative effects experienced in the commercial sector as a result of the Covid-19 National Lockdown. However, as we move through the various stages restrictions and inadvertently, peaks and troughs in productivity; it is important to assess our reactions to these effects and whether these reactions, across the board, […]
Commercial law
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Sprouting of Property Stokvels in South Africa
In this digital age, more and more people are “getting connected” resulting in multiple platforms for audiences to share ideas and collaborate, especially in the case of raising funds. Many Entrepreneurs have great ideas for businesses and want to venture into the property world but in most cases, they lack the required capital. A possible […]
It’s Implied! Tacit Contractual Terms
It is commonly believed that when entering into a contractual arrangement that the resulting relationship is to be governed by the terms as it appears in the relevant contract and those terms only. This is not entirely incorrect. With both written and oral contracts (with certain exceptions), considered valid by our courts; this appears to […]
Where does a Company Reside and Why does it Matter?
The provision that the court has jurisdiction ‘over all persons residing or being in such area does not enlarge the jurisdiction endowed by the words ’causes arising’. At common law, however, the residence (but not the mere physical presence) of a defendant or respondent within the court’s area of jurisdiction usually enables one to say […]
Unlawful Credit Agreements
The majority of South Africans are using some form of credit or have access to some form of credit, whether by way of credit cards, clothing account credit cards, personal loans, etcetera. The National Credit Act 34 of 2005 (hereinafter referred to as “the NCA”) purports to achieve a healthy and balanced credit market in […]
