Articles

Excessive Johannesburg Water Billing and Faulty Traffic Lights Caused by Lockdown

The city of Johannesburg has apologised for overcharging ratepayers for their water usage during lockdown. In a letter, the city says it mistakenly billed customers in excess of 30 days. In another letter, the city has said it would not be able to fix most faulty traffic lights because it wants to protect its employeesโ€ฆ.
Read More Excessive Johannesburg Water Billing and Faulty Traffic Lights Caused by Lockdown

Amendments to the list of eligible collateral pledged at the South African Reserve Bank for refinancing operations

Media statement 8 May 2020 Amendments to the list of eligible collateral pledged at the South African Reserve Bank for refinancing operations The South African Reserve Bank (SARB) conducts repurchase (repo) operations on a weekly and daily basis with clearing banks, wherein participants receive cash to the value of an accepted bid in a repoโ€ฆ
Read More Amendments to the list of eligible collateral pledged at the South African Reserve Bank for refinancing operations

Business For South Africa Update โ€“ 8th May 2020

BUSINESS FOR SOUTH AFRICA PARTNERS WITH SADAG, PsySSA TO PROVIDE MENTAL HEALTH SUPPORT AND GUIDELINES Business for South Africa (B4SA) recognises that business leaders and their employees are facing significant challenges, not only in terms of the economic impact of COVID-19, but also the feelings of anxiety, worry and distress many people are experiencing inโ€ฆ
Read More Business For South Africa Update โ€“ 8th May 2020

Customs Deferment Payment Relief

Please see attached the letter regarding the Customs Deferment Payment Relief. The letter, and more Customs and Excise information, can also be found on the Customs and Excise Website Please feel free to contact us should you require any further information and assistance. Rochnee Rivera GreenPrivate Sector Stakeholder Management (PSSM)South African Revenue ServiceTelย ย 012 422 7390Cell:ย 061ย 079 5712E-mailย RRiveraGreen[AT]sars.gov.zaLandbankโ€ฆ
Read More Customs Deferment Payment Relief

Safe Return to work: Health Planning Tools for Businesses

The Disaster Management Regulations allow for the operation of essential services. Onย 23 April 2020, the President further announced the gradual and phased approach to other business operations which will differ having regard to the applicable level of lockdown as declared by Government from time to time (Levels 1 to 5). Every employer will, during eachโ€ฆ
Read More Safe Return to work: Health Planning Tools for Businesses

Updated COVID-19 Regulations

Please find below three updates with regards to regulations, namely: Directions to address, prevent and combat the spread of COVID โ€“ 19 issued out by the Department of Transport in terms of regulation 4(7) of the Regulations issued in terms of the Disaster Management Act. 2002 (Act No. 57 of 2002). These directions were issuedโ€ฆ
Read More Updated COVID-19 Regulations

Business For South Africa Member Update โ€“ 5th May 2020

THE OBLIGATIONS ON BUSINESSES OPERATING DURING COVID-19 ALERT LEVEL 4 Regulation 16(6)(b) of the Regulations in terms of the Disaster Management Act issued on 29 April 2020 places four obligations on each business, industry and entity in both the public and private sector which are permitted to operate during Alert Level 4: 1.           Covid-19 compliance officerโ€ฆ
Read More Business For South Africa Member Update โ€“ 5th May 2020

COVID-19 and Directors: Your Duties and Liabilities in the Coronavirus Crisis

This is an excerpt from an article published in the SP3 Financial Services May 2020 newsletter. You can read the full article here. There are significant obligations placed on directors by the Companies Act and personal and criminal liabilities if they fail to meet these obligations. As a director you will no doubt be focusingโ€ฆ
Read More COVID-19 and Directors: Your Duties and Liabilities in the Coronavirus Crisis