B-BBEE MEANS BUSINESS

The Broad-based Black Economic Empowerment Act 53 of 2003, is said to be the most powerful piece of legislation affecting South African businesses today. The Minister of Trade and Industry, Dr Rob Davies says “the Broad-Based Economic Empowerment (B-BBEE) Commission … Continue reading

Surviving BEE-Transformation-ANC Kleptocracy

We are constantly bombarded with negative press regarding the state of the South African economy as well as our ability to survive in a changing environment. Are you in the process of slowly going out of business, or have you … Continue reading

PRESERVATION APPLICATIONS AND ASSET FORFEITURE IN TERMS OF THE PREVENTION OF ORGANISED CRIME ACT 121 OF 1998 (POCA)

The Prevention of Organised Crime Act 121 of 1998 (POCA) is a statute which aims at preventing organised crime in South Africa. Section 38, 48, 50, and section 1 gives a person the right to apply for certain property to … Continue reading

Battle of Forms

Instead of drafting contracts of sale specific to each transaction, parties to commercial transactions generally rely on their own standard terms and conditions, creating a situation of competing terms and conditions. The question is – which terms and conditions apply? … Continue reading