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 [...]
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.
Brief synopsis on what not to forget when considering a share buy-back in terms of the Companies Act, 2008
There are 4 main sections of the Companies Act, No. 71 of 2008 (the “Act”) that need to be taken into account (aside from sections 44 and 45 governing the provision of financial assistance) when [...]
Section 5 of the Competition Act of 1998 (as amended) (the “Act”) regulates vertical agreements and prohibits restrictive vertical practices. In terms of section 5(1) of the Act, a vertical agreement is prohibited if it [...]