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Top ten risks for creditors of companies going into Business Rescue in 2017
Continued pressure on business and world economies appears to continue into 2017. In South Africa, 2016 has seen several companies [...]
Further update on the Special Voluntary Disclosure Programme in respect of offshore assets and income
INTRODUCTION In terms of the Explanatory Memorandum on the Special Voluntary Programme ("SVDP"), the SVDP will be deemed to [...]
The requirements for the transfer of a business as a going concern
ISSUE What is the proper test for determining whether a transfer of a business as a going concern has [...]
Ambit of inspector powers under Section 54 of the Mine Health and Safety Act 29 of 1996 clarified
At its core the Mine Health and Safety Act No 29 of 1996 ("MHSA") aims to promote a culture of [...]
Prescription of claims: on-demand loans
A loan which is repayable on demand becomes due the moment it is advanced to the debtor. Accordingly, such a [...]
South Africa’s Business Rescue regime – firing on all cylinders?
The downturn in world economies has placed business under severe pressure in the last few years. In South Africa, the [...]
