National Minimum Wage Draft Policy

The purpose of this policy is to identify for business key considerations in relation to a National Minimum Wage in South Africa. The policy identifies high level principles that would be important for business should a national minimum wage be introduced.

National Minimum Wage Draft Policy

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National Minimum Wage Background Paper

This background paper has the purpose of assisting Business Unity South Africa (BUSA) gain an indepth understanding of practices and relevant issues relating to a minimum wage framework to assist in developing a coherent set of guidelines in supporting BUSA’s policy engagement on minimum wages.

National Minimum Wage Background Paper

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Can the new owner of a property be forced to pay municipal debt?

MMI Logo

As most people intimately involved in the property industry know the Supreme Court of Appeal (SCA) put the cat amongst the pigeons on the topic of unpaid municipality accounts with its judgement in the case of Tshwane Metropolitan Municipality v Mathabathe .

That judgement confirmed (as was already clear to all ) that Section 118 (3) of the Municipal Systems Act gives a municipality a lien (a kind of invisible mortgage bond) over a property within its jurisdiction securing payment to that municipality of any money due to it which relates to that property. What was not at all clear to all and what was rather surprisingly ruled by the SCA is that the transfer of ownership of that property does not destroy that lien. Continue reading

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National Land Tenure Summit

Strengthening Relative Rights of People Working the Land by Ms Leona Archary: Deputy Director – Rural Infrastructure Development – presented at the National Land Tenure Summit – 4 to 6 September, 2014

strengthening_relative_rights_of_people_working_the_land_3sept2014

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The Communal Land Tenure Policy Framework

Issued by the Department: Rural Development and Land Reform

Communal_Land_Tenure_Policy_Framework

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ONLINE SUBMISSION OF AUDITORS REPORTS

08 September 2014

EAAB

In terms of section 32(4) of the Estate Agents Affairs Act, auditors of estate agents are required to transmit to the Estate Agency Affairs Board (EAAB) the auditor’s report within the prescribed period of four months after the financial year end of the estate agent concerned. The auditors’ report must be completed by an auditor registered, as assurance, with the Independent Regulatory Board for Auditors (IRBA).

In May 2014, EAAB introduced MyEAAB Auditors Portal on its website www.eaab.org.za which enables auditors to submit online the auditors’ reports on behalf of the estate agents in terms of section 32(4) of the Estate Agency Affairs Act. Continue reading

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Department of Labour – 2014 EE Roadshow Presentation

This presentation is critical to large estate agencies who employ permanent workers. Fines for non compliance are included in the presentation.

Department of Labour – 2014 EE Roadshow Presentation

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EAAB NOTIFICATION: HOMEOWNERS ASSOCIATIONS (HOAs)

EAAB

 ALL ESTATE AGENTS, MANAGING AGENTS AND TO ALL STAKEHOLDERS

The Estate Agency Affairs Board (EAAB) together with representative bodies of estate agents and estate agencies and of HOA’s has met in order to provide guidance in respect of practices relating to the payment of fees/sharing of commission to procure any degree of exclusivity in the marketing of properties for sale or for letting.

HOA Notice 5 September 2014

 

 

 

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State set to take control of BEE verification

by Mark Allix, 15 August 2014 – Business Day

THE government will take control of the black economic empowerment (BEE) verification process to drive the creation of 100 “black industrialists” over the next three years.

Verification agencies will be downgraded to become “empowerment advisers” so that the private sector does not issue verification certificates to itself, the Department of Trade and Industry said on Thursday.

The department is aiming to address frustrations over the perceived slow pace of black economic empowerment (BEE), especially business ownership, and to correct empowerment policies seen to benefit “the few” and spur “rent-seeking”. Continue reading

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Act No. 17 of 2014: Property Valuation, 2014

THE PRESIDENCY

No. 527 1 July 2014

It is hereby notified that the President has assented to the following Act,

which is hereby published for general information:–

Act No. 17 of 2014: Property Valuation, 2014

Property_Valuation_Act1July2014 (2)

 

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