Moments ago, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) convened its third meeting of the year. In line with economists’ predictions, SARB has again elected to keep the repurchase rate (‘repo rate’) at 8.25% to regulate
Read MoreEarlier today, President Ramaphosa signed the National Council on Gender-Based Violence and Femicide Bill (‘the Bill’) into law. The Bill, which recognises gender-based violence and femicide (‘GBVF’) as a pressing ‘social evil’ compounded by decades of structural violence, aims to
Read MoreSection 185 of the Labour Relations Act (‘the LRA’) provides that every employee has the right not to be unfairly dismissed or subjected to unfair labour practices. An unfair dismissal occurs when an employee’s employment contract is terminated without good
Read MoreLast week, President Ramaphosa signed the much-awaited Divorce Amendment Act* (‘DAA’) into law. DAA, which amends various provisions of the Divorce Act to provide for the dissolution of Muslim marriages, is a significant milestone in aligning South Africa’s family law
Read MoreOn Wednesday afternoon, the Law Society of South Africa (‘the LSSA’) published its updated Conveyancing Guideline of Fees (‘the Guideline’). The Guideline, which delineates recommended fees for all conveyancing-related transactions, will apply to instructions received as from 27th May 2024.
Read MoreLast month, the Property Practitioners Regulatory Authority (‘the PPRA’) held a webinar on the current state of Broad-based Black Economic Empowerment (‘B-BBEE’) compliance within the property industry. During this virtual gathering, representatives from the PPRA asserted that the possession of
Read MoreOver the weekend, the Law Society of South Africa held its annual general meeting (‘the LSSA AGM’). Unsurprisingly, compliance with the regulatory requirements of the Financial Intelligence Centre Act (‘FICA’) – and the critical role of the legal profession in
Read MorePursuant to its mandate to identify the proceeds of crime to combat money laundering and the financing of terrorist activities, the Financial Intelligence Centre (‘the FIC’) recently revised its risk assessment reports for legal practitioners and estate agents. These reports
Read MoreThis afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) convened its second meeting of the year. In line with economists’ predictions, SARB has again elected to keep the repurchase rate (repo rate) at 8.25% to regulate
Read MoreAs anticipated, the Minister of Agriculture, Land Reform and Rural Development, Thokozile Didiza, published an amendment to the Schedule of Fees of Office, as prescribed by the Regulations to the Deeds Registries Act 47 of 1937, under GN R4447 in
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