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title: Afriwise Blog | Norton Rose Fulbright
---

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# Welcome to Africa’s legal blog

Never miss a beat on Africa's legal and regulatory landscape.

- [Legislation (287)](https://insights.afriwise.com/blog/tag/legislation)
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<https://insights.afriwise.com/blog/prescribed-rate-of-interest-is-11.50-from-1-november-2024>

[South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Financial Services](https://insights.afriwise.com/blog/tag/financial-services) [Prescribed Interest Rate](https://insights.afriwise.com/blog/tag/prescribed-interest-rate)

[Norton Rose Fulbright](https://insights.afriwise.com/blog/author/norton-rose-fulbright)

## [Prescribed Rate of Interest is 11.50 % from 1 November 2024](https://insights.afriwise.com/blog/prescribed-rate-of-interest-is-11.50-from-1-november-2024)

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.. 

[Read More](https://insights.afriwise.com/blog/prescribed-rate-of-interest-is-11.50-from-1-november-2024)

<https://insights.afriwise.com/blog/commencement-of-new-labour-court-and-labour-appeal-court-rules>

[South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Rules](https://insights.afriwise.com/blog/tag/rules) [Labour courts](https://insights.afriwise.com/blog/tag/labour-courts)

[Norton Rose Fulbright](https://insights.afriwise.com/blog/author/norton-rose-fulbright)

## [Commencement of new Labour Court and Labour Appeal Court rules](https://insights.afriwise.com/blog/commencement-of-new-labour-court-and-labour-appeal-court-rules)

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.

[Read More](https://insights.afriwise.com/blog/commencement-of-new-labour-court-and-labour-appeal-court-rules)

<https://insights.afriwise.com/blog/south-african-court-refuses-to-enforce-a-foreign-judgment>

[South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Dispute Resolution](https://insights.afriwise.com/blog/tag/dispute-resolution) [Case discussion](https://insights.afriwise.com/blog/tag/case-discussion)

[Norton Rose Fulbright](https://insights.afriwise.com/blog/author/norton-rose-fulbright)

## [South African court refuses to enforce a foreign judgment](https://insights.afriwise.com/blog/south-african-court-refuses-to-enforce-a-foreign-judgment)

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.. 

[Read More](https://insights.afriwise.com/blog/south-african-court-refuses-to-enforce-a-foreign-judgment)

[1](https://insights.afriwise.com/blog/author/norton-rose-fulbright/page/1)

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