SAA's procurement policy, which sets aside 30% to small businesses, is illegal and will expose the airline to legal action by suppliers, including Bidair Services, according to a legal opinion obtained by the national carrier. The policy, which favours small, medium and micro enterprises owned by military veterans, rural women and previously disadvantaged youth, was introduced in 2015 after a board resolution taken on 26 August that year.
Xolisa Phillip 3 hours ago
It seems ironic, for a country with such a well-established code of good corporate governance as the King reports, how many companies - including an august institution such as audit firm, KPMG - are having their ethics and integrity questioned as the Gupta email saga unfolds.
Nicci Botha 1 day ago
The government has spent R33bn since 1994 buying land for land reform, Rural Development and Land Reform Minister Gugile Nkwinti says. In 1994, the government set a target of handing 30% of agricultural land to black recipients by 2014. A recent report by the Bureau for Food and Agricultural Policy said more than 20% (18 million hectares out of 82 million hectares) of the farmland has been transferred or financially compensated for to date.
1 day ago
A curious statutory effect of collective agreements is that a collective bargaining agreement amends the contracts of employment of individual employees.
Johan Botes 1 day ago
The National Consumer Commission will today begin public hearings into the timeshare industry in Mahikeng in the North West.
2 days ago
Private companies are not immune to the risk of becoming involved in allegations of bribery and dishonest dealings, as can be seen from recent scandals and accusations. Therefore, they must adequately prevent such reputational damage.
2 days ago
During these tough economic times, employers cannot afford to have their star employees approached by fellow competitors, hoping to achieve star appointments themselves and in some cases, the hope that these appointments will also bring with it some much-needed market share in the form of customer connections and additional business.
Nicholas Preston and Prinoleen Naidoo 3 days ago
Financial provisioning is a legislative attempt to promote a greener and healthier environment by holding mining and petroleum companies responsible for the rehabilitation of the environment impacted by their operations.
Hillary Botha, Tamzyn Cooper, Garyn Rapson 11 Aug 2017
Legislation is needed to compel pension fund administrators to increase efforts to trace beneficiaries and pay out billions of rand in unclaimed funds, Treasury deputy director-general Ismail Momoniat says.
10 Aug 2017
Until a tenant vacates the property voluntarily or the sheriff removes the tenant from the property in terms of an eviction order, the landlord is not entitled to access the property or ‘retake possession thereof' without the tenant's consent. If a landlord were to do this without the tenant's or the court's consent, this would amount to spoliation (depriving the tenant of the use and occupation of the property without her consent or an order of court), and also trespassing.
Anja van Wijk and Chantelle Gladwin-Wood 10 Aug 2017