The case raises interesting questions about how board committees work, the taking of minutes, and who has access to board minutes https://t.co/OFApKzh5Dh
A big shake up is taking place at @Eskom_SA Generation, with the former CEO of the Eskom Generation Division shifted out the way, and suspensions of the general managers of Tutuka, Kendall and other coal-fired power stations in Mpumalanga underway as we speak.
NUMSA will not be abandoning its application against #Comair
It just won’t be on an urgent application. NUMSA has also said perhaps an agreement will be met, but for now they still in talks with #Comair
The JSE has found #Ayo Technology solutions in of breach, and it is for this reason the JSE has decided to impose a public censure and a fine of R6.5 million on #AYO as a result of its failure to comply with important provisions of the Listings Requirements.
In light of uncertainty around AYO’s 2018 unaudited interim results and the accuracy of the financial information, in April 2019 the JSE instructed AYO through its auditor, to conduct an Agreed-Upon Procedures engagement and an audit of AYO’s unaudited interim financials.
JSE management identified apparent shortcomings in AYO, including not having a suitable amount of qualified staff in the finance team and inadequate financial controls in place to ensure the accuracy and completeness of financial information disseminated to the market. #Ayo
wp Legal Briefcase No.150 | 6 August 2020
Common issues to consider when purchasing a business: assets and price calculation
@CDHLegal
https://t.co/a1JG41VwhA
The NPA's Hermione Cronje says she shares South Africans' frustration about the slow progress on state capture prosecutions. But she also thinks the new information sharing between Zondo Commission and the NPA will be a game changer. #Statecapture#NPA
https://t.co/H1cie76A2G
We are receiving many questions about eviction, especially during #lockdown.
Listen to Civil High Court Legal Practitioner Alrie Nel, from the Legal Aid SA Mafikeng Local Office, as she explains #eviction, particularly illegal eviction: https://t.co/fEdiqYzdbO
#KnowYourRights
Massive electricity price increases in the way for the next 3 years at least: Power tariff set to rise to 128c/kWh in 2021 after Eskom wins Nersa battle over R69bn equity injection https://t.co/AkGQcxMWrB
All the conditions in #SAA business rescue plan have been fulfilled. Another creditors meeting was set to take place on 31 July but due to conditions being met that won’t happen. Gov has ONLY committed to "mobilising" funds.