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Lexis Nexis News

Pyramid schemes on the rise and applications to set aside dispositions following suit

27th June 2016 In recent times, the South African Rand has become extremely volatile against the United States Dollar and the fear of being reduced to junk status has gripped our economy. The Rand has struggled over the past few months reaching R15.58 at the end of May 2016, causing liquidations, sequestrations... 

Avoid the risk of financial crimes and compliance threats

24th June 2016 For months, there has been strong focus on the so-called Panama Papers and on the pending results of the national investigations faced by several implicated individuals. As more details emerge, there is one clear and significant take-out from this scandal – that white collar crimes are alive and... 

Curb unethical behaviour in a tough economic climate

23rd June 2016 Times are tougher – the weak rand, rising cost of fuel and food coupled with the overall inflation means that many South Africans face ongoing financial stress. Such weak economic conditions can lead to an increase in unethical behaviour, conflict of interest, and other illegal activities in the... 

Gauteng attorney’s piece on ‘Ukuthwala’ earns top honours

10th June 2016 “One of the fundamental ideals set out in the Preamble of the Constitution is the attainment of a society based on social justice. This ideal will remain a pipedream if the dehumanisation, sexist exploitation and suffering of black women and girls under patriarchal tyranny are allowed to continue... 

Mthatha Legal Eagles Set to Soar Through Transformation Programmes

27th May 2016 Eight historically disadvantaged Mthatha legal professionals have been recognised and rewarded with tools to grow their legal practices, while at the same time advancing transformation of the legal sector. Representing two spheres of the legal industry that are heavily reliant on one another, the... 

Legal Sanctions for Non-compliance with King III

17th May 2016 There are no legal sanctions for non-compliance in terms of King III itself. However, certain governance issues emanating from the King III principles are enforceable through legislation. This is because King III does not have legislative force, but rather applies on a “comply or explain” basis,... 
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