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South Africa: Regulator’s response to the impact of COVID-19 on the retirement funds industry
31 Mar 2020BY Arabella Bennett, Leigh Sedice The Financial Sector Conduct Authority (“FSCA”) has been proactive in responding to the threats posed to the retirement funds industry by the infectious disease caused by the Novel Coronavirus (2019-…
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South Africa: COVID-19, the Emergency Regulations and sectional title living
31 Mar 2020BY Andrew Bembridge The Regulations provide that every person is confined to his or her “place of residence” during the lock down period save for certain prescribed exceptions.
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South Africa: tips for essential service employees when being stopped by the police
31 Mar 2020BY Adam Lombard, Aslam Moosajee, Derek Wanblad, Willem van der Colff In response to the rapid spread of COVID-19, South Africa entered a lockdown period on 27 March 2020 and subject to any further directions from government, this period is due to last until midnight o…
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South Africa: is there an obligation on employers to report and investigate incidents of occupational-acquired COVID-19 in the mining industry?
31 Mar 2020BY Tyla Foster, Pieter Colyn, Willem le Roux Is the employer obligated to notify the Principal Inspector of Mines of known cases of COVID-19 in the workforce?
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Will the end of (L)IBOR be delayed?
31 Mar 2020BY Deborah Carmichael Many banks and other financial services businesses and corporates have started preparing for life after the London Interbank Offered Rate (“LIBOR”).
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Mauritius: capital markets | practical considerations in the context of COVID-19
31 Mar 2020BY Elsie Rasolohery Pascal The COVID-19 outbreak is disrupting to businesses across industry sectors and jurisdictions. Below, we highlight a few considerations that are relevant to listed issuers.
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South Africa: time periods for civil proceedings during the lockdown period
31 Mar 2020BY Tumi Modubu On 26 March 2020, the Minister of Justice and Correctional Services issued Directions in terms of Regulation 10 of the Regulations under the Disaster Management Act, 2002
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South Africa: digitisation in the time of COVID-19
31 Mar 2020BY Daniel Mwale, Rakhee Dullabh, Ridwaan Boda . Irrespective of the external circumstances faced, organisations are being forced to find a way to ensure that they still remain in business. Technology is able restore economic equilibrium and ensu…
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South Africa: beware of what you post online about COVID-19
31 Mar 2020BY Rakhee Dullabh The regulations issued on Wednesday, 18 March 2020, make it an offence for people to publish fake news or disinformation about Covid-19 online.
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South Africa: FSCA provides general guidance to financial institutions on COVID-19
31 Mar 2020BY Johan Loubser, Jessica Blumenthal The circular sets out at a high level the expectations of the FSCA relating to the culture and responsibilities of financial institutions during the crisis. It does not have the force of law.
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South Africa: extension of time for B-BBEE submissions and filings during the lockdown
27 Mar 2020BY Parusha Desai Valodia The offices of the B-BBEE Commission will be closed from 27 March 2020 to 20 April 2020 and no submissions, filings, responses, documents and/or other correspondence pursuant to the B-BBEE Regulation…
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South Africa: TERS and the National Disaster Benefit: some much-needed clarity
27 Mar 2020BY Lauren Salt The CCMA published a statement on its website, in which it provided some much-needed clarity on the options available to employees, employers and CCMA users in the midst of the Covid-19 pandemic.
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South Africa: Coronavirus (COVID-19) | obligations and roles of the electronic communications sector published
27 Mar 2020BY Wilmari Strachan, Tracy Cohen Directions pertain to ensure the smooth operations of the electronic communications sector during the disaster period to combat the spread of COVID-19 in South Africa
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South Africa: Coronavirus (COVID-19) lockdown | do tenants have an obligation to pay rent?
27 Mar 2020BY Philip Geromont The question arises as to whether the business owners (being tenants), must continue to pay rent to their respective landlords during the lockdown period.
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ENSafrica remains at your service during Coronavirus | COVID-19 times
27 Mar 2020BY Mzi Mgudlwa, Michael Katz ENSafrica remains at your service during Coronavirus | COVID-19 times
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