THE INS AND OUTS OF THE COMPANIES AMENDMENT BILL
The Department of Trade, Industry and Competition (“DTIC”) recently held a briefing on the Draft Companies Amendment bill 2021 (“Bill”), which follows the Draft Companies Amendment Bill of 2018. The Bill proposes various amendments to the Companies Act No. 71 of 2008...
UPDATE ON THE CYBERCRIMES ACT NO. 19 OF 2020
VDMA previously reported on the Cybercrimes Act No. 19 of 2020 (“Cybercrimes Act”) on 22 June 2021 which at that stage, was to come into effect on a date to be proclaimed in the Government Gazette. In broad terms, the Cybercrimes Act aims to align South Africa’s...
THE NATURE OF PREFERENCE SHARES AND THE BENEFITS ASSOCIATED THEREWITH
Proper investment portfolio management plays a significant role in modern day wealth creation. Investors are often confronted with decisions regarding the most appropriate investment opportunity suited to their investment needs, taking into account both risk and...
THE IMPORTANCE OF DATA PROTECTION AND DATA PRIVACY
On 7 September 2021, the Department of Justice and Constitutional Development (the “Department”) released a media statement informing the public about the challenges it was experiencing with its information technology (“IT”) systems. The media statement provided that...