DERIVATIVE ACTION – WHAT IS IT, HOW IS IT INSTITUTED AND CAN IT BE SET ASIDE?
Background: It is a general rule that companies have their own legal personality and are thus required to litigate in their own name to protect their own legal interests. There is however an exception to this rule in the form of derivative action which can be utilised...
THE COMPETITION COMMISSION DRAFT GUIDELINES ON COLLABORATION BETWEEN COMPETITORS ON LOCALISATION INITIATIVES – WILL IT BENEFIT THE SOUTH AFRICAN ECONOMY?
The Covid-19 pandemic continues to wreak havoc in the South African economy with several industries feeling the negative impact which it has brought with it. One such negative impact is the economic decline threats which have the potential to create panic for job...
THE PROPOSED SOUTH AFRICAN STARTUP ACT
On 16 September 2021, a collective consisting of investors, incubators, accelerators and founders, representing the South African entrepreneurship ecosystem, revealed their plans and latest findings towards the creation of the proposed South African Startup Act (the...
SOUTH AFRICA – THE FIRST COUNTRY IN THE WORLD TO REGISTER A PATENT FOR AN INVENTION MADE BY ARTIFICIAL INTELLIGENCE
Artificial Intelligence (“AI”) is a highly controversial topic which is the subject of many conversations worldwide. One such example of AI which has recently become the topic of conversation is the Device for the Autonomous Bootstrapping of Unified Sentience...