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SARB issues consultation paper on Prime Rate demise
The South African Reserve Bank (“SARB”) published a consultation paper on 16 February 2026 with proposals to demise the prime lending rate (“Prime Rate”) and designating the Repurchase Rate (“Repo Rate”) (to be called the SARB policy rate or SPR) as its replacement.
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When can an Electronic Signature not be used? In certain instances, the use of electronic signatures is not permitted, these include:1. Contracts regarding the sale of immovable property. The Alienation of Land Act specifically requires that all agreements be signed on paper.2. Rental agreements for the lease of immovable property that are considered long-term (in excess of 20 years).3. The signing of a will or testamentary writing. Wills and codicils (addenda) to wills should be signed as a written document and in the presence of witnesses.4. According to The Bills of Exchange Act of 1964 documents such as cheques and pledges must be signed in writing.
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Cybercrime has grown in prominence in South Africa and around the world. Individuals, corporations, and governments are increasingly vulnerable to cyber threats such as hacking, identity theft, and fraud as technology and the internet become more widely used.
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When companies are confronted with defamatory remarks online, they have rights and recourse. Defamatory remarks posted online can taint a company's reputation and credibility. With the increased reliance on information found on the internet in modern society, it is essential to monitor online references to the company.
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Join us on Wednesday 15 February at 16h30 for a short hybrid webinar on Labour Law and Misconduct. This is a great opportunity for attorneys, labour consultants and human resource specialists to learn the basics, and have a drink with us afterward to network, or pick our brains. We welcome you to join us at our offices in Sandton, Cape Town or Durban, or online, and invite your colleagues to join as well.
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It is important to note that the effect of a contract does not depend on the name given to it. Many people assume that the tittle of the contract will determine the relationship between the parties however it depends on the manner in which the contract is drawn.
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Massive changes afoot for critical skilled workers list in South Africa… Recent updates to immigration law in South Africa has seen massive changes to the critical skills list – this now includes a focus on Information Technology Sector, Accounting and Auditing Sectors and Engineering Fields.
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