In an October 2022 judgment, the New Zealand Employment Courts concluded that Uber drivers are employees who are entitled to the protection and benefits offered by their employment law.
This decision will encourage voices advocating for the rights of Gig workers globally to be aligned with those of more traditional employees. The Gig economy refers
Bank or private debt and venture debt are separate segments in the debt financing market. In contrast to venture debt financings, which relate to start-ups, bank or private debt financings involve the financing of established companies that have already generated profits, can provide collateral and service the debt from the start.
Venture debt financings are
Credit Europe Bank N.V v The an Admiralty Fund Comprising the proceeds of the sale of the mv Tarik III & Others
The Supreme Court of Appeal (SCA) handed down judgment in Credit Europe Bank N.V v The Admiralty Fund Comprising the proceeds of the sale of the mv Tarik III & Others
In October 2022, the High Court in KeyHealth Medical Scheme v Ngoepe No and Others considered whether the court a quo was correct in finding that a medical scheme was prohibited from using day-to-day benefits to fund the treatment and costs of Prescribed Minimum Benefit (PMB) conditions. The court found that the source of the
Following on from our earlier blog on the declaration of crypto assets as financial products under the FAIS Act (the Declaration) we have received numerous queries on the transitional arrangements relevant to the new licensing regime, and the impact of the Declaration on crypto asset derivatives.
Transitional arrangements
Specific concerns have been raised regarding whether
With the declaration of crypto assets as a financial product, providers of crypto assets are left wondering whether they need to register as a financial service provider under the Financial Advisory and Intermediary Services Act, 2002.
Following an exemption published by the Financial Sector Conduct Authority, a person who provides a financial service in relation
In general notice 1350 of 2022, effective as of 19 October 2022, the FSCA has formally declared a crypto asset as a financial product under the Financial Advisory and Intermediary Services Act, 2002.
The declaration marks the first step in crypto asset regulation, in South Africa, and follows a draft declaration published in 2020
This blog was co-authored by: Bwanika Lwanga, Candidate Attorney
In June 2022, the High Court held that a claim by a provident fund for interest on late-paid contributions had prescribed.
The parties signed an acknowledgement of debt on 26 November 2013 for a total of R12 488 219. 04 owed by an employer to the
This blog was co-authored by: Mduduzi Sibiya, Candidate Attorney
The 2019 amendments to section 69 of the Labour Relations Act, 1995 provide that no picket in support of a protected strike or in opposition to a lockout may take place in the absence of picketing rules. The picketing rules may be agreed to or determined