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Lapsed agreements cannot be revived by addenda

22 April 2025

The Supreme Court of Appeal ruled that a contract which is subject to a suspensive condition cannot be revived once... the suspensive condition has lapsed. In the case of Vantage Goldfields SA (Pty) Ltd v Siyakhula Sonke Empowerment Corporation (Pty) Ltd and Another (853/2-23) [2025] ZASCA 01 (9 January 2025) the court found that extending the deadline for the fulfilling of the suspensive condition is legally incompetent.  

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Article
Will AI be steering the future of M&A?

31 March 2025

The use of artificial intelligence (AI) will inevitably in some way become part of the day-to-day operations of most businesses.... In the fast-paced and competitive world of business, mergers and acquisitions (M&A) have long been a vital strategy for companies looking to expand their reach, increase market share, or diversify their portfolios. 

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18
Article
Car balloon payments: Pop goes your budget!

31 March 2025

A car balloon payment may not be quite as festive as it sounds. Consumers often don’t consider the down-the-road impact... of a balloon payment. In this article, we look at the balloon payment structure and what consumers can do to manage this or alternatives that can be considered when procuring a vehicle.

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Article
When does the Property Transfer clock start in a divorce?

31 March 2025

A recent Chief Registrar’s Circular has shed light on the challenges of determining the correct transaction date for divorce-related property... transfers—especially when settlement agreements are amended after the divorce. 

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26
Article
To vote or not to vote: Post-Commencement business rescue creditors

31 March 2025

The Supreme Court of Appeal has ruled on a critical issue in business rescue proceedings—can post-commencement creditors vote on rescue... plans? The Mashwayi Projects v Wescoal case brings much-needed clarity, shaping the future of business rescue in South Africa. Find out what this means for creditors, financially distressed companies, and the business rescue process.

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24
Article
Can your cell phone get you fired?

31 March 2025

Using a cell phone has become so accepted that employees easily forget or ignore the fact that their use at... work may not be approved or allowed by the employer. However, failing to adhere to employer policies on cell phone use could potentially have serious consequences for an employee.

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