A significant number of Directors and Officers (D&O) claims result from liquidations, companies being in financial distress, or companies being placed in business rescue. The economic fallout following the COVID-19 pandemic, combined with the impact on business operations due to … Continue reading →
South Africa is known globally for having an efficiently run, well-regulated and stable financial services industry. And the enterprise tasked with regulating this robust sector, the Financial Services Board (FSB), was largely successful – which begs the question: why change … Continue reading →
The Minister of Employment and Labour has issued a revised Covid-19 Direction on Health & Safety in the Workplace. The Direction applies to all workplaces except mines, ships, boats or cranes and any other workplace which is regulated by a … Continue reading →
Joint Communication 7 of 2020 – Amended COVID-19 precautionary measures for intermediaries The Joint Directive issued by the Authorities on 9 April 2020 under Alert Level 5 was withdrawn and replaced with Joint Communication 7, which sets out how financial … Continue reading →
Everyone is feeling the effects of the COVID-19 pandemic and responding in different ways. Businesses across South Africa are rapidly implementing policies to comply with government regulations in an attempt to minimize the spread of the virus. Countless uncertainties arise … Continue reading →
The government has made a number of changes to South Africa’s level 3 lockdown regulations, with more likely on the way, Cabinet has said. It said in a media statement on Thursday (11 June), that these changes will be based … Continue reading →
How to re-open your business safely and legally Every employer will, during each of the levels of lockdown and for the foreseeable future, have to adhere to detailed occupational health and safety protocols. This means that all employers must re-examine … Continue reading →
LEVEL 3 REGULATIONS ISSUED IN TERMS OF THE DISASTER MANAGEMENT ACT The Department of Cooperative Governance has today signed off on the regulations that will be applicable when the country moves to Level 3 of lockdown on 1 June 2020. … Continue reading →
Things we know we know: There are many things that we know about the coronavirus and its economic, healthcare, and social consequences. We know that the virus will put tremendous strain on both private and public healthcare systems and result … Continue reading →
What is business interruption insurance? A business undertaking is set up to trade at a profit. They generate an income from which they earn a net profit, pay variable costs (including buying stock, electricity usage, wages, etc.), and pay their … Continue reading →