On-demand, irrevocable, unconditional, and independent from underlying agreements are some of the fundamental characteristics of performance guarantees in South African infrastructure, construction, and project-related landscapes. This was reaffirmed by the High Court judgment of Bombela Operating Co (Pty) Ltd v Nedbank Ltd and Others.
Performance guarantees include preferred contractor or bid bonds, advance payment guarantees, performance bonds, and warranty…
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In January 2026, the Supreme Court of Appeal ruled in favour of a trust that challenged the retrospective implementation of…
On-demand, irrevocable, unconditional, and independent from underlying agreements are some of the fundamental characteristics of performance guarantees in South African…
The High Court in December 2025 held that section 69 of the Consumer Protection Act (CPA) does not force a…
In December 2025, the High Court granted urgent relief to civil society organisations after vigilante groups at Yeoville and Rosettenville…
