by VDT Attorneys | Jul 12, 2018 | BEE, Business, Commercial, Company
On 29 March and 15 June 2018 respectively, the Minister of Trade and Industry issued proposed amendments to the General Principles, the Definitions, the Enterprise and Supplier Development Statements and Skills Development Statements of the Codes of Good Practice on...
by VDT Attorneys | May 15, 2018 | BEE, Company, Employment
The Department of Trade and Industry published two draft statements on 29 March 2018 which contain a number of notable amendments to the current BEE Codes of Good Practice and provide for a 60 day period to provide comments on the proposed amendments (“Code...
by VDT Attorneys | May 15, 2018 | Business, Company, Compliance, Data Protection, Information, POPI
The Protection of Personal Information Act 4 of 2013 (“POPI”) aligns South Africa with the international position in respect of information and data protection. Although POPI has not yet fully come into operation, it is only a matter of time before it does. An...
by VDT Attorneys | Feb 7, 2018 | Company, Compliance, Information, POPI
The Protection of Personal Information Act 4 of 2013 (“POPI”), although signed into law, has not yet fully come into effect. It is expected to become effective during 2018, once the office of the Information Regulator has been fully set up, and will then apply to all...
by VDT Attorneys | Nov 16, 2017 | Commercial, Company, Estate Planning, Trust
The wish to simplify fiduciary duties, although an understandable one, should not be entertained at the expense of proper administration of a trust. As a trustee, it is the duty of the trustee to execute his or her fiduciary duties correctly and ensure that all...
by VDT Attorneys | Oct 10, 2017 | Company, Compliance, FICA
You are correct in that it appears that changes brought about by the Financial Intelligence Centre Amendment Act 1 of 2017 (“Amendment Act”), have lead to the withdrawal of many of the exemptions previously approved under the Financial Intelligence Centre Act 38 of...