The prescribed rate of interest is 11.50% per annum with effect from 1 November 2024. The previous rate was 11.75% per annum. According to the Prescribed Rate of Interest Act, interest on debts w..
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The prescribed rate of interest is 11.50% per annum with effect from 1 November 2024. The previous rate was 11.75% per annum. According to the Prescribed Rate of Interest Act, interest on debts w..
New Labour Court and Labour Appeal Court rules come into operation on 17 July 2024. The new rules will replace the existing rules as well as the Practice Manual of the Labour Court. The changes include amongst them provisions aimed at streamlining the court process.
The South African High Court in Pretoria refused to grant an application seeking to enforce an interdict granted by a Bermudan court against a South African company that was at no stage present in Bermuda and did not submit to its jurisdiction. The court applied the princ..