Category: Uncategorized

Office Closure – Cape Town

Dear Valued Client As 2020 comes to a close, we extend our best wishes and gratitude to you for your support throughout the year. May your festive season be a blessed and safe one. We wish you a Wonderful New Year, filled with happiness and prosperity. Please take note of the following: Our Cape Town office […]
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EXTENSION OF DISASTER MANAGEMENT ACT

President Ramaphosa addressed the Nation on 11 November 2020: What to know. In his address on Wednesday evening president Ramaphosa warned that there is evidence of a resurgence of coronavirus infections in certain areas- most notably the Eastern Cape and the Cape Town metropolitan. The president noted that there has been a sustained upward increase […]
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INTEREST RATE – 1 SEPTEMBER 2020

    *LEGAL UPDATE* Dear all, On 6 November 2020, the Minister of Justice and Correctional Services published a decreased prescribed rate of interest (legal interest), for the purposes of Section 1(1) of the Prescribed Rate of Interest Act (“the Act”). The rate of interest has decreased from 7.25% to 7.00% , with effect from 1 September […]
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INCREASED INTEREST RATE

  *LEGAL UPDATE* Dear all, On 09 October 2020, the Minister of Justice and Correctional Services published an increased prescribed rate of interest (legal interest), for the purposes of Section 1(1) of the Prescribed Rate of Interest Act (“the Act”). The rate of interest has increased from 7.00% to 7.25% , with effect from 1 July […]
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COVID19 Block exemption regulations for Shopping Mall Tenants and Landlords

COVID19: Block exemption regulations for Shopping Mall Tenants and Landlords

On Tuesday, 24 March 2020, Government in response to the COVID-19 pandemic, gazetted special Regulations titled “COVID-19 Block Exemption for the Retail Property Sector, 2020”, which encourages retail tenants and retail tenants who are competitors to meet with shopping mall owners and reach agreements aimed at addressing matters such as payment holidays, rental discounts and […]
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