In the dynamic landscape of South African business, skills development within companies is not just a desirable attribute but a legal obligation. Just as the Financial Action Task Force (FATF) sets standards for global financial systems, South Africa’s legislative framework requires companies to prioritise skills development. Non-compliance can lead to significant penalties, similar to those…
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Does Your Business Need a Shareholders Agreement?
For companies with multiple shareholders, a Shareholders Agreement (and corresponding Memorandum of Incorporation) is essential. Here’s how it will benefit your business by addressing key areas: As a SEESA client, you benefit from our Lawyer on Call service, providing 24/7 telephonic access to professional legal advice at no additional cost. Want to learn more about…
Your Essential Guide to Family Responsibility Leave
In South Africa, Family Responsibility Leave is provided under Section 27 of the Basic Conditions of Employment Act No 75 of 1997. It allows employees to take time off in specific situations involving family needs. Here’s a straightforward guide to how it works: When Can Employees Use This Leave? Caring for a Sick Child Employees can…
Boost Your B-BBEE Ownership Points with the Modified Flow-Through Principle
Navigating B-BBEE compliance can be tricky, but understanding the Modified Flow-Through Principle can help you increase your ownership score. Let’s break it down into simpler terms. What is the Modified Flow-Through Principle? The Modified Flow-Through Principle allows a business entity which has more than 51% black ownership in a multi-tiered structure to be treated as…
The Impact of Learnerships in the South African Economic Environment
Learnerships are a crucial part of South Africa’s development, as they help develop skills, knowledge, and competencies that are essential for creating a competitive workforce. Learnerships are important in South Africa, where the economy is transitioning, and the need for skilled workers is increasing. Learnerships increase the level of productivity in the economy because workers…
Safeguarding Personal Information: Internal Awareness
At the heart of the Protection of Personal Information Act (POPIA) lies the fundamental right of data subjects to have their personal information safeguarded whenever a responsible party processes it. POPIA mandates that responsible parties need to ensure the integrity and confidentiality of personal information, to prevent unauthorised access, loss, damage, or destruction of information….
What Happens When You Get the Ransomware Call: Lessons Learned in Practice
As the Managing Director of SEESA, I recently experienced firsthand the devastating impact of a coordinated cyber-attack on our organisation. It was a Friday evening when the head of IT delivered the chilling news: SEESA had become the target of a malicious ransomware attack. Our entire IT infrastructure was compromised, millions of confidential client records…
The Battle of the Grants: Which One Matters Most?
In the fast-paced world of business, our daily tasks often resemble a battlefield. Priorities clash for our attention, and Monday morning meetings serve as constant reminders that quality should be at the heart of our work ethic. Yet, amidst our overflowing schedules, it’s easy to overlook the invaluable role of continuous training. Not only does…
What is the Rand value of an employee’s annual leave?
Understanding how to calculate the value of an employee’s unused annual leave in Rand can be confusing for some employers. This can often lead to disputes when an employee leaves the company. The calculations and examples below are based on the Basic Conditions of Employment Act. Accrual of annual leave for employees working 5 days…
Understanding Incitement in the Workplace
What is incitement? The definition of incitement in terms of labour law was affirmed in the case of Albion Services CC v CCMA (2013) ZALCD 12, where the court held that the test for incitement is whether the employee had the intention to reach and sought to influence the minds of his/her fellow employees. The court…