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Voluntary Associations and Non-Profit Companies-what are the differences?

Introduction What is the difference between a Non-Profit Company and a Voluntary Association? This article will explore what is formally required for both, and when may  one be more suitable than the other. While both are not for profit entities, and at face value may appear extremely similar, there are several key distinctions. Overview Section […]

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Contracts

Suretyship Agreements – What Are They?

  A suretyship agreement is defined as an agreement in terms of which a third party, namely the surety, undertakes liability towards a creditor for the proper performance of a portion of or the entire obligation of a debtor. A valid principal obligation between the creditor and debtor is essential for the validity of a […]

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3D printing

Customary Law and a Valid Executed Will

Not all rules and regulations are governed by written Legislation. The Constitution of South Africa recognises unwritten “Legislation” namely, Common and Customary Law. Customary Law is defined as: “An established system of immemorial rules which has evolved from the way of life and natural wants of the people, the general context of which was a […]

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defamation

BBBEE Amendments – looking at the key focus areas

The amended Codes of Good Practice to the Broad-Based Black Economic Empowerment Act 46 of 2013 as amended were issued in October 2013 and became effective in May 2015. On 29 March 2018, the Department of Trade and Industry issued two draft statements which deals with certain amendments to the Codes, specifically related to statement […]

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