Late last month, the Supreme Court of Appeal (‘the SCA’) settled a long-standing legal debate: Within the scope of business rescue proceedings, which is regulated under Chapter 6 of the Companies Act (‘the Act’), the term ‘creditor’ embraces both pre-commencement
Read MoreYesterday, the Minister of Employment and Labour gazetted an amendment to Schedules 1 and 2 of the National Minimum Wage Act. Effective 1st March 2025, the national minimum wage will increase from R27.58 per hour to R28.79 per hour, which
Read MoreThis afternoon, the Monetary Policy Committee of the South African Reserve Bank (‘SARB’) concluded its first meeting of 2025. As predicted by various market analysts, SARB elected to modestly lower the repo rate from 7.75% to 7.5%, effective 31st January 2025. Consequently,
Read MoreUnder South African law, the transfer of property is subject to a seller – or purchaser, if otherwise agreed – obtaining various compliance certificates prior to lodgement and registration in the Deeds Registry. These certificates, which are statutorily mandated under
Read MoreLast month, the Supreme Court of Appeal (‘the SCA’) partially upheld an appeal by a body corporate seeking to force various owners in a sectional title scheme to consent to it obtaining a certificate of real right concerning the scheme’s
Read MoreAgainst the backdrop of consecutive interest rate cuts and heightened investor confidence, property experts widely predict a relatively positive outlook for South Africa’s residential property market in 2025. For these industry specialists, the country’s property landscape will be characterised by
Read MoreWith its scenic landscapes, favourable climate, and competitively priced real estate, South Africa remains a popular choice for foreign investors. As the country’s largest property law and conveyancing firm, STBB regularly handles property transactions involving foreign purchasers and sellers. In
Read MoreYesterday, the President assented to the highly controversial Expropriation Bill* (‘the Bill’). Tabled before Parliament in late 2020, the Bill has predictably been the subject of extensive parliamentary deliberations and political debate during its five-year journey to promulgation. Crucially, the
Read MoreLast month, the Supreme Court of Appeal (‘the SCA’) adjudicated whether the executor of a deceased estate, being an attorney acting in a professional capacity on behalf of the deceased in litigation proceedings, was entitled to remuneration following the Taxing
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