by VDT Attorneys | Dec 14, 2021 | B-BBEE Act, BEE, Business
To answer this, it is important to outline the objectives of the Broad-Based Black Economic Empowerment Act 53 of 2003 (“B-BBEE Act””). The B-BBEE Act was enacted to redress historical disparities suffered by specific races in South Africa. It aims to do this by...
by VDT Attorneys | Dec 14, 2021 | Drone
As always, the answer is not black and white. Yes, you can use a drone, but there are conditions. The South African Civil Aviation Authority (SACAA) through Part 101 of the Civil Aviation Regulations governs the use of Remotely Piloted Aircraft Systems (RPAS) such as...
by VDT Attorneys | Nov 15, 2021 | CCMA, Dismissal
Employers often claim that the employment relationship has irretrievably broken down and that an employee’s reinstatement would be intolerable, with the hope that this claim will prevent an employee from returning to work even if they were unfairly dismissed. But how...
by VDT Attorneys | Nov 15, 2021 | Dispute resolution
A performance guarantee or bond is exactly what it implies – a promise by a party to complete certain work undertaken with a financial guarantee standing as backing to that promise. Most performance guarantees are accordingly underwritten by a financial institution or...
by VDT Attorneys | Nov 15, 2021 | Business, Commercial, Shareholding, Shares
What you are referring to is a share buyback, and such are an accepted method of disposing of your shares in a company as an alternative to selling to a third party. That said, share buybacks are strictly governed by the Companies Act 71 of 2008 and in particular...
