On the 3 October 2014, the Department of Trade and Industry (DTI) published the draft code of conduct for the consumer goods and services industry in Notice 850, Government Gazette 38058 for public comment. The deadline for comments is said to be the 3 November 2014.
The line between lawful disclosures and confidentiality – how businesses and employees should protect themselves
Managing the disclosure of information effectively in your business is not a nicety, but absolutely non-negotiable, in my view. It may prove to be difference between maintaining your ‘’competitive edge’’ and untainted reputation and the failure of your business.
If a testator provides in his will that for example his farm should go to his son B, on condition that the farm goes to B’s son C, upon B’s death. If B should pass away, the farm has to be transferred to C in terms of the fideicommissum condition and not according to B’s own will. In this instance the testator creates a fideicommissum with regards to his farm. B is known as the bare dominimum owner and C is known as the fiduciary.
The in duplum rule originated in Roman law and has been implemented in South African law since 1830. In duplum means “double the amount”. In terms of the common law the in duplum rule is as follows: where the total amount of arrear and unpaid interest has accrued to an amount equal to the outstanding capital sum, interest ceases to run, but any payment made by the debtor thereafter will lead to the amount of interest decreasing after which interest again starts to accrue to an amount equal to the outstanding capital amount.
The Compensation for Occupational Injuries and Diseases Act (“COIDA”) provides for compensation for disablement and/or injuries caused by injuries or diseases sustained or contracted by employees in the course of their employment, or for death resulting from such injuries or diseases. COIDA applies to all casual and full time employees, who as a result of a workplace accident or work-related disease are either injured, killed or become ill. Only the employers, and not the employees, contributes to the compensation fund.
Schoemanlaw Inc. is an exceptional boutique law firm. They have been able to help me with drafting a will and they are also very competent in a wide variety of legal services, particularly for small and medium businesses. To me, it’s great to have a lawyer who is able to help me with all my legal requirements. Nicolene Schoeman - Louw has an extraordinary eye for detail and very high business ethic. I would leave my gun, wallet and keys with Nicolene for safekeeping without thinking twice and undoubtedly without any worries.Ms Bregje Wijsenbeek, Deputy Director Women’s Hope Education and Training (WHEAT) Trust, Cape Town
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Let’s Talk video series:
- The co-operative as an appropriate form of enterprise for black economic empowerment September 1, 2008
- National Wills Week 2008 September 6, 2008
- The co-operative as an appropriate enterprise for BEE [abstract] October 1, 2008
- Spring Fab Bridal Show 2008 November 3, 2008
- Immigration services and travel permits January 5, 2009
- What is business rescue? August 17, 2019
- Winners at WOZA – Women in law Awards 2019! August 5, 2019
- Finalist: 2019 Standard Bank Top Woman Awards – Female Young Achiever Award and Top Gender Empowered Company August 2, 2019
- The offer to purchase is a binding agreement! July 31, 2019
- Labour brokers and temporary employment services: what are they? July 31, 2019