“…the default position is that an executive director or a senior employee may not carry on business activities which fall within the scope of his company’s business during the time when he serves as director or works as employee. The default position however changes on resignation.” (Extract from judgment below) What happens if relations between […]
How to Stop an Ex-Director from Competing With You Read More »
“In our law cohabitation does not have special legal consequences. Generally the proprietary consequences and rights flowing from a marriage are not available to unmarried couples, regardless of the length of their cohabitation” (extract from judgment below) If you live as a couple, avoid the trap of believing the myth of the “common law marriage”.
“Never let a good crisis go to waste” (Winston Churchill) The COVID-19 coronavirus crisis will, like all crises, eventually give way to economic and societal recovery. Even before that inevitable upturn actually sets in, entrepreneurs should remember that times of great risk and challenge are also times of great opportunity. So get your team together now
Website of the Month: COVID-19 – Entrepreneurs and Your Growth Opportunities Read More »
“It is unquestionable that an owner of land is not permitted to perform activities which contravene the restrictive title conditions or the zoning restrictions” (extract from judgment below) You decide to open a home business, or perhaps you are about to buy a house in order to run a business from it. You apply for
Running a Business in a Residential Area – Check Your Zoning First! Read More »
“To support the property market, the threshold for transfer duties is adjusted” (Finance Minister Tito Mboweni) Transfer Duty Exemption Up Some good news for property sellers and buyers in particular is the increase in the transfer duty exemption to R1m. See the table below for details and note that with all the brackets being adjusted
Budget 2020: Good News for Property Sellers and Buyers, and Some Useful Tax Calculators Read More »
“Engage brain before hitting send” (Anon) WhatsApp comes with a host of business and personal benefits, and its use is growing exponentially here as in the rest of the world. Which brings us to a possible downside – binding yourself to a legally-enforceable agreement without really meaning to. First principles: Offer + Acceptance = Contract
Watch What You Say on WhatsApp – The Case of the R20m Lottery Win and the R1m “Offer” Read More »
Will the main provisions of POPIA (the Protection of Personal Information Act) really commence on 1 April 2020 as media reports suggest, or is this just another case of Crying Wolf? This time it seems it may be the real thing, with the Information Regulator having formally requested the President to declare the commencement date.
POPIA’s One Year Deadline to Start Running on 1 April? Read More »
“Will the 20s roar like they did in the last century or will the outcome be different?” (Clem Sunter) What exactly is in store for us South Africans in the Twenty-Twenties? It’s a vital question not only for business and for investors, but for us all on the most personal level. Of course it’s also
Website of the Month: South Africa in the 2020s – High Road or Low? Read More »
Close your eyes –Landlord knockingOn the back door(Jack Kerouac; Northport Haiku) Your residential fixed-term lease expires but for whatever reason you dont sign a new one. Nor does the lease say anything about what will happen on expiry. Is there still any form of valid lease in place and if so what terms and conditions
Does an Expired Lease Automatically Continue Month-to-Month? At What Rental? Read More »
People who say they sleep like a baby usually dont have one (Psychologist Leo J Burke) It has taken over a year of confusion and delay around when new changes will be implemented, but finally your extended rights to parental leave and to an Unemployment Insurance Fund (UIF) claim have fully commence. Heres an update/refresher
Employees: Your New Rights to Paternity and Parental Leave Read More »
