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The Reserve Bank of South Africa (SARB) recently announced that the Monetary Policy Committee (MPC) had decided to raise the repo rate by 50 basis points, to 4.75% with effect from the 20th of May 2022. This is a departure (though not shocking) from a trend that the market had got accustomed to, where the rate mostly fluctuated on a quarter point basis.
Read More ...Posted by Cor van Deventer on Friday, May 20, 2022 Views: 9
The right to privacy is one of the fundamental rights that are protected in the Constitution of the Republic of South Africa Act 108 of 1996 (the Constitution). Indeed, privacy is one of the key issues that have been of much debate in the past two decades the world over. In the context of South Africa, we recently saw the coming into effect of the Protection of Personal Information Act 4 of 2013 in July 2020, although some of its sections had came into effect in 2014.
Read More ...Posted by Cor van Deventer on Friday, May 13, 2022 Views: 63
The recent case of WK Construction (Pty) Ltd v Moores Rowland  ZASCA 44 (6 April 2022) has illustrated important principles with regard to the running of prescription. Despite being a concept entrenched in our law for a long time, it is evident that in some quarters there is still uncertainty as to how prescription works in practice, specifically in relation to when it actually starts to run.
Read More ...Posted by Cor van Deventer on Thursday, May 12, 2022 Views: 46
The concept of fairness is unique in labour and employment law in South Africa, and is a vital requirement in the resolution of unfair dismissal disputes. Unlike other areas of law such as criminal litigation, civil litigation or contractual disputes where lawfulness is the cog that wins the day, the fairness of actions is the pedestal upon which a case hinges upon in labour litigation.
Read More ...Posted by Cor van Deventer on Wednesday, May 11, 2022 Views: 42
Despite being recognised as valid in South African law, verbal agreements are like inscriptions on sand. As soon as strong winds blow over the sand dunes, the inscriptions disappear in the same breath as the wind itself. It is important for parties to reduce their agreements into writing, for record purposes and ease of reference.
Read More ...Posted by Cor van Deventer on Tuesday, May 10, 2022 Views: 55