A non-disclosure agreement signed before a formal legal agreement is entered into to govern the business relationship between parties (such as a supply of goods or services or licence agreement) should generally have only a very narrow scope.
Introduction The main aim of the Consumer Protection Act No. 68 of 2008, as amended, (the “CPA”) is to protect the rights of the consumers in South Africa. Although many consumers are aware of [...]
Introduction A trade secret may generally be described as information which is known only by employees of a specific business and can include formulas, ideas, processes or a compilation of information. Trade secrets are used [...]
Trade mark, copyright and patents– basic differences and how to protect your intellectual property rights
It is important for business owners to understand that most of your products, goods, brands, technologies, logos and creative works are protected by one of the three types of Intellectual Property Law: copyright, trade mark [...]
The primary reason for setting up a trust is for protection of your assets. A trust will protect the assets and hard-earned wealth that you have accumulated and will ensure that your legacy is preserved [...]
In the financial planning world, it is often said that the best time to start saving is 10 years ago. The same can perhaps be said for when the best time is to draw up [...]
The Employment Equity Amendment Bill, 2018 (the “Bill”) and draft Employment Equity Regulations (the “EE Regulations”) are a direct consequence of the Department of Labour’s twenty-year review into the effectiveness of the Employment Equity Act, [...]
A question often asked, and understandably so, is what is the difference between a discounting transaction and an incidental credit transaction? On first glance at the definitions in the National Credit Act, 2005 (the “NCA”) they seem almost identical, but one needs to look at the nature of the transaction to differentiate between the two.
Before a credit provider takes any action against a consumer that is in arrears, a credit provider must ensure that it has satisfied the provisions of section 129, section 130 and section 168 (which deals [...]