The Consolidated OHS Direction requires employers, among other things, to decide within 21 days if they intend making vaccination mandatory. An employer is also required to include in its risk assessment whether it intends to make vaccinations compulsory – this consists of three steps.
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The IRBA (Independent Regulatory Board for Auditors) has approved the release of the Consultation Paper - Enhancing Disclosures in the Auditor's Reports in South Africa: Addressing the Needs of Users of Financial Statements.
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The Information Regulator (South Africa) is in receipt of a Code of Conduct from the Banking Association South Africa (BASA) that deals with how personal information will be processed by member banks.
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The maximum remuneration on which Unemployment Insurance Fund contributions are calculated has increased to R17 712.00 per month, effective from 1 June 2021.
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CIPC has published an updated List of Accredited Professional Bodies whose members are eligible to be licensed as business rescue practitioners as at 9 June 2021.
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CIPC has published a settlement agreement to create and raise awareness with all registered companies to adhere and comply with the provisions of the Companies Act 71 of 2008, as amended.
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The Competition Commission has released proposed amendments to its guidelines on small merger notification, which are set to take effect after 7 June 2021.
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As we enter the post-Covid phase, governments will be forced to adopt pro-growth tax strategies while at the same time working feverishly to recover as much revenue as possible. Read More »
After Western Cape High Court gave Standard Bank the boot.
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The Pretoria High Court on Tuesday 2 June 2020 delivered a thundering defeat to government over its "irrational" lockdown regulations, which should open the way for a rapid return to economic normality. Read More »
The major banks this week launched their online portals providing loans to small and medium-sized businesses that may not be able to meet their financial obligations during the lockdown and when the economy reopens. Read More »
The relief packages offered by banks could be the cause of untold legal cases in the months to come. Read More »
We now have a better sense of the impact the lockdown is having on the economy, and it’s not pretty. Read More »
The SA Institute of Business Accountants (Saiba) has issued a guide to its members clarifying what services can be delivered during lockdown.
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President Cyril Ramaphosa on Tuesday announced a R500 billion coronavirus stimulus package and sweeping structural reforms to get the economy back on track.
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As South Africa enters the fourth weekend of the Covid-19 lockdown, the economic and social consequences are now becoming more apparent. And it doesn't look good.
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Fintech companies offering 90-minute loan approvals are seeing a spike in loan applications
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It's a bit of a damp squib really.
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The Department of Labour is causing confusion over its statement that employers should not force employees to take their annual leave during the Covid-19 lockdown period. Read More »
Here's a case where prayer alone won't cut it. Church of Scientology Volunteer Ministers are using the world's highest grade decontamination technology to wage war against the deadly virus.
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President Cyril Ramaphosa this week announced that SA is to go into a 21-day lockdown from 26 March 2020 in an effort to combat the spread of the Covid-19 virus. Here are some of the key support measures for businesses, employees and the poor:
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January’s interest rate cut has effectively wiped out all mortgage bond arrears, say consumer activists. But you won’t hear that from your bank. Read More »
The Cape High Court on Friday delivered a damning judgment against credit providers for over-charging on legal fees and interest in contravention of the National Credit Act (NCA) which came into force in 2007.
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The banks from hereon must argue their cases in the much cheaper and more accessible magistrates' court.
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Last week’s 0.25% per annum interest rate reduction extinguished the arrears on tens of thousands of mortgage bonds. That’s the claim being made by several property owners in cases before the courts involving multiple banks.
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