CONTENT FROM MEMBERS

MEDIA AND ARTICLES

Please note the views expressed on this page are not those of the Chamber, but solely from the posting member.

Fasken News

Fasken News

Please review the latest Fasken firm news coverage, including information on their groundbreaking client work as well as media interviews with Fasken’s leading practitioners.  Also included is other interesting information which might be relevant to all our ABCSA...

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Ready. Set. Go! Safely returning to travel in 2021

Ready. Set. Go! Safely returning to travel in 2021

Your Questions Answered! Are you ready to trade the endless Zoom face galleries for some creative sparring with clients and colleagues in the boardroom? You are not alone. With Zoom fatigue now a common ‘affliction’, most of us are wistfully longing for the...

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Travelling during the Covid-19 pandemic

Travelling during the Covid-19 pandemic

By Oz Desai, GM Corporate Traveller After a tough and uncertain year, it appears that South African corporates are ready to take to the skies again and conduct business with partners across the world face-to-face.  We have seen corporate travel business in South...

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Qantas Group Announcement

Qantas Group Announcement

Qantas Group Half Year Results and update on recovery Dear ABCSA Members, Qantas continues to navigate the impacts of the COVID crisis with a significant half year loss reported today that reflects the conditions we faced in the six months to the end of 2020. Our...

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The Low Touch Consumer by Ian Bessarabia

The Low Touch Consumer by Ian Bessarabia

Change is Inevitable There are going to be fundamental changes in just about every aspect of our daily lives, impacting industry dynamics, technology, regulations and human behaviour. THE post-COVID-19 era will have an economy shaped by new habits and regulations,...

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Shareholder recourse for a director’s breach of fiduciary duties

A company’s board of directors bears the responsibility for the functioning and management of the company and is ultimately accountable for the company’s performance. In terms of the South African common law and the Companies Act, 2008 (“Companies Act“), directors have certain fiduciary duties. But what happens when the directors breach those duties? What are the rights of the shareholders in that instance?

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Taxpayer’s appeal upheld due to SARS’ tardiness

An inordinate delay in finalising a tax dispute can have a severely prejudicial effect on a taxpayer who is obliged to pay first and argue later. The recent decision by the Tax Court in F Taxpayer v The Commissioner for the South African Revenue Service[1] has shown that the courts will be loathe to condone excessive delays by the South African Revenue Service (the “SARS”) during the dispute resolution process.

To read more, click on the link

Data Privacy

The Information Regulator keeps an eye out on the Department of Health’s compliance

On 22 April 2022, the Information Regulator (“the Regulator”) issued a media statement calling upon the National Department of Health (“the Health Department”) to provide it with information demonstrating the Health Department’s compliance with the Protection of Personal Information Act, 3 of 2014 (“POPIA”).

To read more, click on the link

The Employer’s Taking Over of the Works under FIDIC clauses 10.1 and 10.2

Clause 10 of the International Federation of Consulting Engineers suite of construction contracts (the “FIDIC Contracts”), which deals with “Employer’s Taking Over”, can be a difficult section of the FIDIC Contracts to navigate.

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New BCEA Earnings Threshold

On 9 February 2022, the Minister of Employment and Labour published his determination of a new earnings threshold under the Basic Conditions of Employment Act, 1997.

With effect from 1 March 2022, the threshold will increase from the current R211 596.30 pa (equivalent to R17 633.03 per month) to R224 080.48 (equivalent to  R18 673.37 per month).

To read more, click on the link