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Werksmans

Considerations of a surety relying on the remedies provided in the Insolvency Act

7th March 2024 Introduction On 9 February 2024, the Supreme Court of Appeal in the case of Cohen v Absa Bank Limited [1] delivered a judgment in which it had to... 

City of Cape Town

New water to secure more water supply for a growing city

7th March 2024 Census 2022 data shows that Cape Town’s population is now 4 772 846, remarkably 27,6% higher than in 2011. Expanding Cape Town's water supply... 

ANC/EFF reduces Ekurhuleni to junk status

ANC/EFF reduces Ekurhuleni to junk status

6th March 2024 The Democratic Alliance (DA) in the City of Ekurhuleni (CoE) notes with serious concern the city’s credit rating downgrade by Moody’s. Under the... 

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Kendal power station

Move to formalise deal on injecting private skills into Eskom amid plan to add and recover 10.6 GW by end-2025  

By: Terence Creamer     6th March 2024 Government and business have set a goal of increasing South Africa’s electricity generation capacity by 10.6 GW by the end of 2025 as part of... 

Material financial losses across 176 municipalities estimated at R5.19 billion

6th March 2024 The Auditor General of South Africa (AGSA) this week released a report into the Material Irregularities (MIs) in Local Government. This addressed... 

Scopa/SIU MoU flags Eskom intelligence, National Skills Fund reports for investigation in seventh administration  

By: Sashnee Moodley     6th March 2024 The Standing Committee on Public Accounts and the Special Investigating Unit have assured that the Eskom intelligence report and the National... 

SCOPA and SIU sign memorandum of understanding

SCOPA and SIU sign memorandum of understanding

6th March 2024 The Standing Committee on Public Accounts (SCOPA) and the Special Investigating Unit (SIU), today signed a memorandum of understanding (MoU) at... 

Tax Consulting SA

Unveiling the Surge: The Reason for the Recent Influx of South Africans to the Netherlands

6th March 2024 In recent months, an unprecedented wave of South Africans has been making their way to the Netherlands, marking a significant shift in migration... 

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