Company Law


What is directorship under the Companies Act? Section 1 of the Companies Act, 71 of 2008 (“the Companies Act”) defines a director as a member of the board of a company, as contemplated in section 66, or an alternate director of a company and includes any person occupying the position of a director or alternate director, by whatever name designated.  There are various ways in [...]

By | 7th March, 2022|Company Law, Regulatory and Governance|

Public-Private Partnerships in ICT Infrastructure: An effective way to achieve SA’s 4IR Goals

Introduction A Public Private Partnership (“PPP”) is broadly defined as a commercial transaction between an institution and a private party in terms of which the private party either performs an institutional function on behalf of the institution for a specified or indefinite period; or acquires the use of state property for its own commercial purposes for a specified or indefinite [...]

Should contracting parties include a cybersecurity clause?

Cyber attacks are fast becoming the norm in our society.  The COVID-19 pandemic has accelerated this with a 485% increase of ransomware reported in 2020.  A cyber attack to an organisation’s system impacts more than just an organisation.  The impact can extend to clients, suppliers, contractors, and employees.  A cyber attack is even worse in instances where personal data is [...]


All directors are required to always act in the best interests of the company, and this can only be achieved if directors set aside their personal interests.  In order to ensure that no one individual, or group of individuals yield unfettered power on the Board, King IV proposes the appointment of independent non-executive directors. King IV defines independence as “the [...]

By | 15th December, 2020|Company Law, PPM Attorneys, Regulatory and Governance|


On 15 March, due to the Covid - 19 pandemic, the state issued an order which prohibits the holding of public meetings. These clear measures were introduced to combat the spread of Covid – 19 and are expected to influence the chosen format of annual general meetings (“AGMs”) for a long time. Against this background of the Covid - 19 [...]

By | 14th July, 2020|4IR, Company Law, Data Protection, PPM Attorneys, Privacy Law|

Corporate governance considerations during Covid – 19

The Covid-19 pandemic has caused unprecedented business disruption. It has forced companies to respond to new and ever-changing risks and challenges, from employees' health and safety to site closures. During these trying times, appropriate corporate governance is more important than ever. King IV is a voluntary set of principles and leading practices that guides corporate governance toward ethical and effective [...]

By | 15th May, 2020|Company Law, Compliance Law|

Reform of South African company law: Section 40 of the companies bill, 2007

“The SA Companies Act has been in existence since 1973 and it is outdated. It contains little on corporate governance, transparency, accountability, modern merger methods and minority shareholder protection.”1 It further contains nothing that adequately provides for or encourages private corporate and empowerment groups to conclude Black Economic Empowerment (“BEE”) transactions. South African company law is on the move towards [...]

By | 29th June, 2015|Commercial Law, Company Law, PPM Attorneys|

VAT on digital service imports, a shift of onus from the consumer to foreign companies

As it stands there are no regulatory measures in place regarding the levy and collection of tax on digital service imported from foreign companies who are not resident in South Africa. This article serves to discuss the newly proposed regulations which aim to bring digital services, obtained from foreign companies for South African consumers, fully within the ambit of the [...]

By | 5th March, 2014|Commercial Law, Company Law, PPM Attorneys|

Customers’ frustrations due to the inefficiencies of the CIPC

The newly formed Companies and Intellectual Property Commission (“CIPC”), established “with the aim of promoting growth, employment, innovation, stability, good governance, confidence and international competitiveness.” Further stated on the CIPC’s website, is that it “seeks to assert the commission as a credible independent and transparent regulator, on par with the rest of the world.” We have to use CIPC to [...]

By | 1st March, 2013|Commercial Law, Company Law, Consumer Law, IP Law, Legal Practice, PPM Attorneys|

What is a widely held company in terms of the companies act, 61 of 1973 (as amended by the corporate laws amendment act, 24 of 2006)?

Section 1(h) of the Corporate Laws Amendment Act, 24 of 2006 (the “Act”) inserts a new subsection 6 into the Companies Act, 61 of 1973 (the “Companies Act”) and provides that a company is a widely held company if: its articles provide for an unrestricted transfer of its shares; it is permitted by its articles to offer shares to the [...]

By | 1st July, 2008|Commercial Law, Company Law, PPM Attorneys|