Norton Rose Fulbright South Africa Inc
Director’s duties, the business judgment rule, and Covid-19
17th April 2020 Where a director has taken reasonable steps to become informed of a matter and has made, or supported, a decision in relation to that matter (which... →
Directors’ responsibilities and risk taking
17th April 2020 Businesses across the country are facing serious headwinds. South African law requires that directors must exercise their powers in the best... →
Managing a company and Covid-19: South African directors and their duties
17th April 2020 The effects of Covid-19 on the economy has led to many companies facing the possibility of being declared financially distressed. The mounting... →
A Stretch for Medical Schemes – Pro-active steps by Board of Trustees of Medical Schemes in South Africa
9th April 2020 Medical schemes, in terms of Regulation 29 of the Medical Schemes Act, 1998, as amended (MSA), are required to maintain a minimum of 25% of the... →
South African Post Office is obliged to make address information available during disaster
8th April 2020 In terms of section 8.2 of the Electronic, Communications, Postal and Broadcasting Directions, the Minister of Communications has directed that the... →
Government and banks offer debt relief for businesses affected by Covid-19
7th April 2020 As South African businesses suffer the impact of the Covid-19 pandemic and national lockdown, small businesses can apply for debt relief from most... →
Tax relief measures available as a consequence of COVID-19
2nd April 2020 Exceptional tax measures have recently been announced as part of the fiscal package that was presented by the President in his recent speech on the... →
BEE verification process amended to cater for COVID-19
2nd April 2020 Like many other changes being experienced by companies as a result of COVID-19, the requirement for an on-site visit as part of the BEE... →
