The B-BBEE Amendment Act (the Act) 46 of 2013 has been proclaimed and came into effect on the 24th October 2014

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On Friday the 10th October 2014, the DTI gazetted for public comment the Amended B-BBEE Codes of Good Practice for the following statements:

The President signed the B-BBEE Amendment Act (the Act) 46 of 2013 into law on the 27 January 2014. The Proclamation Notice was signed on the 2nd October 2014 and it will be gazetted and go into effect on Friday 24 October 2014.

The target date for setting up the BEE Commission and B-BBEE Verification Regulator is 31 March 2015.

The Trumping Clause (Section 3) has been deferred for 12 months, and will come into force in October 2015

Read moreThe B-BBEE Amendment Act (the Act) 46 of 2013 has been proclaimed and came into effect on the 24th October 2014

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

BBBEE Symposium hosted by Schoeman Tshaka Attorneys and Sales Partners, Cape Town

On 11 October 2013 the Minister of Trade and Industry, Dr Rob Davies, gazetted the revised Broad-Based Black Economic Empowerment (BBBEE) Codes. The new Codes will replace the existing BEE Codes of Good Practice when they come into operation. The Codes have introduced a number of changes, including: Reducing the elements of the scorecard from … Read moreBBBEE Symposium hosted by Schoeman Tshaka Attorneys and Sales Partners, Cape Town

The Revised Codes as Gazetted under Broad-Based Black Economic Empowerment Amendment ACT 46 – 2013

TUESDAY-PROPERTY INSIGHT (No.46) PRIORITY ELEMENTS AND  SUBMINIMUM PRINCIPLE The new revised codes of Good Practice have introduced- Priority Elements to ensure more focus and more efforts in particular codes/elements. There are 3 priority elements: Ownership, Skill Development  and  Enterprise & Supplier Development. Generic companies need to comply with all 3 priority elements and QSEs need to comply with only 2  of the 3 … Read moreThe Revised Codes as Gazetted under Broad-Based Black Economic Empowerment Amendment ACT 46 – 2013

STBB Property Law Update – Issue 10 – 2014

DON’T ASSUME THAT A LATER CONTRACT OVERRIDES A PRIOR ONE Laynes v Coco Haven 1100 CC and Another (25220/2013) [2014] ZAGPJHC 30 (10 March 2014) The seller and purchaser in this judgment concluded two sale agreements for a property on virtually the same terms, shortly after one another. The second agreement was cancelled by agreement … Read moreSTBB Property Law Update – Issue 10 – 2014

STBB Thought of the Week – Mortgage Bonds in Estate Transfers

It may become necessary, from time to time, to register a mortgage bond over property registered in the name of a deceased person. However our law restricts an executor or representative of a deceased estate to register a mortgage bond over a property in a deceased estate, unless this was authorised by the terms of … Read moreSTBB Thought of the Week – Mortgage Bonds in Estate Transfers

Consumer Ombud: A road map to the formal complaints process

Compiled by the Office of the Consumer Goods and Services Ombud (CGSO) When consumers feel the need to lodge a complaint, it is best that retailers and suppliers become familiar with the formal dispute process in order to resolve the complaint appropriately and as quickly as possible. Advocate Neville Melville of the Consumer Goods and … Read moreConsumer Ombud: A road map to the formal complaints process

STBB Property Law Update : Issue 8 – 2014

03 April 2014 ADVERSE CONSEQUENCES OF CO-OWNERSHIP Claassen v Quenstedt and Others (1199/2011) [2014] ZAECPEHC 18 (25 March 2014) A partnership and joint ownership are different legal concepts. Prescription regarding debts owing between partners starts running at a certain time after the partnership is dissolved, whilst between joint owners the prescription countdown begins when the … Read moreSTBB Property Law Update : Issue 8 – 2014