25 Jun 2013

Legal

Madiba critical but comfortable

The news is topped right now, quite rightly, by reports around Nelson Mandela's health status, which is reported to be critical, but his medical team is ensuring he is as comfortable as possible.

If you're cohabiting, you may need to cough up in the event of an insurance claim... apparently, unmarried couples who live together or keep their possessions at their partner's residence face an increased risk of insurance claim rejections for personal belongings if they fail to fully disclose their living situation to their insurers.

Ouch! The Competition Commission has reached a settlement with 15 construction firms, who have agreed to pay fines to the tune of R1.46bn for collusive tendering. When will these people learn?

Some good news at last! A South African team has won a top supercomputing award, scooping overall top honours at the International Student Cluster Challenge held in Leipzig, Germany, recently.

Finally... look! Have you created or updated your MyBiz Profile on Bizcommunity yet. If not, what are you waiting for... It's so simple and you will put yourself in the running to win a fantastic GoPro camera and accessories worth over R6,000! Go on... get to it!

Rod Baker, Content Director

Submit your company news to legalnews@bizcommunity.com. Exclusive contributions may be sent to contributors-legal@bizcommunity.com.

Weekly top stories

New Companies Act deadline no cause for panic - Dommisse
30 April 2013 is the deadline for compliance with the requirements of the 'new' Companies Act of 2008. However, for most companies there is no need to panic, says Adrian Dommisse of Dommisse Attorneys. Read more >>

Legal
Government "duty bound" to assist SA Human Rights Commission
The South African Human Rights Commission (SAHRC) was vindicated in the South Gauteng High Court on 12 June 2013 when an application brought by the Minister of Police to review, set aside and substitute its findings and recommendations was dismissed. Read more >>

Members' fund contributions should not be set off against employers' fund arrears - Lukhaimane
In the event that a member's monthly contribution is used to offset the employer's fund arrears instead of being paid to the provident fund, the member must not be prejudiced. Read more >>

GoPro reader competition: don't forget to create/update your MyBiz Profile!
[Issued by Bizcommunity.com] There's only one week left to create or update your MyBiz Profile on Bizcommunity and stand a chance to WIN an awesome GoPro camera and accessories worth over R6000! Entries close 30 June 2013, and the winner will be picked via a lucky draw and announced on 1 July on Biz, Facebook and Twitter. Read more >>  visit press office >>


Commercial Law
Parkhurst's poster pirates strike again
Street posters of big media houses are being hijacked in Johannesburg's northern suburbs to maximise profit on the back of the media's big brands. Read more >>

Chicken 'leftovers' being sold in SA
[Sipho Masombuka] South African Poultry Association's chief executive Kevin Lovell claims that 90% of the 370,000 tons of chicken imported from Brazil, Argentina, the US and European Union last year is considered waste by consumers in those nations Read more >>

Insurance implications for cohabiting couples
Unmarried couples who live together or keep their possessions at their partner's residence face an increased risk of insurance claim rejections for personal belongings if they fail to fully disclose their living situation to their insurers. Read more >>


Criminal Law
More deals signed to stop tax evasion
[Linda Ensor] The South African Revenue Service (SARS) is engaging the tax administrations of Australia‚ the UK and the US to gain access to information on tax evasion through complex offshore structures‚ Finance Minister Pravin Gordhan said on Thursday (20 June). Read more >>

Impact of FCPA and UK Bribery Act on African business
[Cameron Dunstan-Smith and Harriet Beamish] As the global business community has become more connected, so too has global anti-corruption enforcement. Corporations not headquartered or operating in the US or the UK are increasingly realising that they are not immune from prosecution by US or UK authorities, not to mention other international authorities. Read more >>

R100,000 reward for top cop murderer
Police are offering a reward of up to R100,000 to anyone with information that would lead to the successful arrest of the person or persons who murdered Johannesburg Central Cluster Commander, Major General Tirhani Maswanganyi. Read more >>


Labour Law
Labour negotiations on-going: SAA
South African Airways (SAA) is currently working on wage negotiations with recognised labour unions, contrary to media reports that strike action is on the horizon, said the airline. Read more >>

Don't do a Marikana on your business
[Johan Poolman] In many ways, Marikana was an object lesson in how not to handle a labour dispute... Read more >>

Default arbitration awards - whether to review or rescind
[Nicholas Preston] Employees regularly refer disputes to the Commission for Conciliation, Mediation and Arbitration (CCMA) and cite their employers as respondents. Unfortunately, the employers are often not properly notified by the CCMA and awards are sometimes granted in their absence. Read more >>

Super 2013: Insights you cannot ignore when scrumming with B-BBEE
[Deon Oberholzer] It is rugby season again... Here is some insight on the five developments of B-BBEE that need to be considered in order to scrum your business over the try line in 2013. Read more >>


International

Technology stops fraudulent wine sales
PARIS, FRANCE: Making sure a glass of wine is everything it promises on the label was once a relatively simple process: hold against the light, tilt and observe the shade, swirl a little and give it a good sniff. Read more >>

Facebook admits sharing user data
SAN FRANCISCO, USA: Phone numbers and email addresses belonging to some 6m Facebook users have been improperly shared due to a software bug, the social network said last week. Read more >>

Microsoft pays users to hack its systems
SAN FRANCISCO, USA: Microsoft on Wednesday (19 June) posted bounties of up to US$100,000 for "truly novel" ways to hack the latest version of its Windows operating system software for computers. Read more >>

Megaupload's data massacred by Dutch
WELLINGTON, NEW ZEALAND: Megaupload founder Kim Dotcom on Thursday (20 June) condemned a Dutch company's decision to delete millions of files belonging to users of his defunct website, calling it "the largest data massacre in the history of the Internet". Read more >>

NSA demands user data from Microsoft, Facebook and others
WASHINGTON, USA: Internet giants Facebook and Microsoft say they received thousands of requests for data from US authorities last year but are prohibited from disclosing how many related to national security. Read more >>


More International


Government

Africa to fund rapid response forces
Africa will not rely on funds from former colonial powers to support the establishment of an interim rapid reaction force to respond to coups on the continent, President Jacob Zuma said on Wednesday (19 June). Read more >>

State pension funds a source of cash?
[Linda Ensor] State-owned companies might have to use their pension funds to support their investments in the economy‚ Public Enterprises Minister Malusi Gigaba said on Wednesday (19 June). Read more >>


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