The prescribed rate of interest is 11.25% per annum with effect from 1 January 2025. The previous rate was 11.50% per annum.
According to the Prescribed Rate of Interest Act, interest on debts where no rate is prescribed is calculated at the repo rate plus 3.5%. The prescribed rate of interest applies to all debts unless a different rate is…
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This blog was co-authored by Neshalia Nayagar and Eric Geldenhuys, Candidate Attorneys.
Legal professional privilege attaches to communications between a…
In a judgment delivered on 25 November 2024, the High Court of South Africa, Gauteng Local Division, Johannesburg declared a…
The prescribed rate of interest is 11.25% per annum with effect from 1 January 2025. The previous rate was 11.50%…
The Constitutional Court re-enforced the principle that in circumstances where a claimant is mentally incapacitated, the completion of the period…
