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On 18 August 2025, the Minister of Employment and Labour signalled an intention to withdraw the 24 December 2003 ministerial determination that has, until now, excluded funds regulated by the Pension Funds Act, 1956 (PFA) from the BCEA time periods in section 34A of the Basic Conditions of Employment Act (BCEA). Interested parties have 30 days to submit written representations, by 17 September 2025, to unathiramabulana@labour.gov.za.
Recently, Thomson Wilks successfully launched an urgent ex parte application in the High Court and a rule nisi court order was granted in our client’s favour.
With effect from 01 June 2023 a new framework for the “resolution” of “designated institutions”, has commenced in terms of the Financial Sector Regulation Act, 2017 (“FSRA”) and in terms of which the South African Reserve Bank (“SARB”) has been given a wide range of powers for the resolution of these institutions.
The Companies and Intellectual Property Commission (CIPC) plays a crucial role in maintaining the integrity of the South African business environment by ensuring compliance with relevant laws and regulations.
In South African law there are three different types of matrimonial property regimes.
Freedom of testation is one of the founding principles of the South African law of succession.
With yesterday’s 50 basis point increase and subsequent prime lending rate raising to 11.75% (coincidently not the highest it has been in our Country’s history) the already stressed consumer is now stretched even further.The Governor of the Reserve Bank having stated that albeit some aspects of inflation had cooled, inflation remained outside the bank’s target of between 3-6%. Meaning that if the key indicators did not reduce within the next review period the chances of a further increase of the REPO were likely. Coupled with unstable energy and an international market already shaken by the war in the Ukraine and potential default of the United States… the likelihood is sadly high.
