South Africa and global insurance, financial institutions, banking and general law know–how
Introduction and background
Insurable interest continues to evolve under English and South African law and should be front of mind for parties involved in the logistics sector who want to manage their risk. The general approach taken by the courts in both countries is to ask whether the…
The South African Revenue Service has promulgated an amendment to the Rules under sections 21, 60 and 120 of the Customs and Excise Act of 1964 which will come into effect from 30 November 2024. The amended Rules…
A November 2024 UK Supreme Court decision in Fimbank Plc v KCH Shipping Co Ltd, [2024] UKSC 38, has provided clarity on the applicability of the 12-month…
This blog was co-authored with Adam Butler, Candidate Attorney.
Introduction
Force majeure clauses are contained in most contracts dealing with international trade, from sale and supply agreements to charterparties and contracts of affreightment. With the numerous disruptions in the last few years caused by climate change, piracy, war, civil commotions and the pandemic, they provide…
The Department of Transport has promulgated a notice calling on parties to make submissions by 28 September 2023 on the proposed amendments to the National Ports Act (NPA). Certain of these amendments mark a fundamental shift from the amendments proposed in 2018. Those shifts take place against a background of the corporatisation of…
Transnet Freight Rail’s (TFR) recent invitation for tenders to operate a 20 year lease on South Africa’s busiest rail corridor from Gauteng to Durban reflects the implementation of the White Paper on National Rail Policy approved by cabinet in 2022. This move indicates that TFR accept that they do not have the capacity or finances…
On 18 May 2021, the fire and resultant probable loss of the brand new container ship, the mv X-Press Pearl, along with all her cargo off Sri Lanka is a timely reminder of the devastating effect of fires at sea on seafarers and ships. It is also a continuing reminder of the ever-increasing hazard caused…
The outbreak of COVID-19 (Coronavirus) has affected many areas of business, and the legal implications extend far beyond the obvious sectors such as tourism and employment law. Click here to look at our publications for a range of insights on the impact of the pandemic if it continues to spread.
Here are eight areas affected…
