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STBB Newsflash | The Financial Intelligence Centre Updates Estate Agents on Risk Assessment

Pursuant 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

STBB Newsflash | Latest News on the Interest Rate

This 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

STBB Newsflash | Deeds Office Fee Increases

As 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

STBB Newsflash | The National Budget Speech: Crunching the Numbers

This afternoon, the much-anticipated Budget Speech was tabled by Finance Minister Godongwana at Cape Town City Hall. Delivered against the backdrop of a projected revenue shortfall of R54 billion for the 2024/25 financial year, the Budget Speech contained the following

Newsflash | The Vodacom ‘Please Call Me’ Saga: Massive Payout Beckons for Former Employee After SCA Ruling

In November 2000, Kenneth Makate – who was then employed as Finance Manager at Vodacom – proposed that the mobile operator introduce a mechanism which allowed users with no credit to notify others to contact them. This idea purportedly developed

Thought of the Week | Prescription of a maintenance order

The underlying premise of prescription law is that a debtor’s liability to settle a debt lapses after a stipulated period and if not acted upon by the creditor. In the context of a divorce maintenance order, prescription can have serious