Commercial Credit Management Seminar – 7th March 2014 Johannesburg
COVERING: With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies credit management policies need...
View ArticleEdcon pins hopes on Abil deal
IOL’s Nompumelelo Magwaza reports: Retail giant Edcon is hoping to turn around its fortunes and increase its credit customer base through a potential deal with African Bank Investments Limited (Abil)...
View ArticleBrett Bentley is Awarded Legal Prize
Brett Bentley, the founder and senior attorney at Bentley Attorney is the 2013 LexisNexis Prize winner for the best article written by an attorney for his article on emoluments attachment orders,...
View ArticleThe Prescribed Rate of Interest Set to Change
The Prescribed Rate of Interest Act (55 of 1975), sets the maximum rate of interest that can be charged on mora interest (over-due payment) and is also used in court orders relating to damages...
View ArticleMonetary Jurisdiction of Courts to Change
The jurisdiction of which court hears any particular matter is largely (but not soley) determined by the monetary value of the claim. With effect from 1 June 2014, the monetary jurisdiction in...
View ArticleNational Credit Amendment Act of 2014 Signed into Law
The National Credit Amendment Act of 2014 was signed into law by the President on the 20th May 2014. The Amended Act deals with a number of issues in terms of the National Credit Act, the most...
View ArticlePrescribed Rate of Interest to change and it’s not a variable rate
We previously pointed out that the Prescribed Rate of Interest was set to change after having remained unchanged at 15.5% per annum from 1 October 1993. It has now been confirmed that the...
View ArticleCommercial Credit Management Seminar – Cape Town 10th October 2014
COVERING: With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies credit management policies need...
View ArticleCommercial Credit Management Seminar – Durban 16th October 2014
COVERING: With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies credit management policies need...
View ArticleThe Prescribed Rate of Interest to be linked to the Repo Rate
In July last year we wrote on the first change to the interest rate in terms of the Prescribed Rate of Interest Act in over 20 years. Yesterday the Department of Justice and Constitutional Development...
View ArticleProposed Guidelines for “Statutory in Duplum” Interest & Charges Cap
With consumer debtor’s under pressure the government seems to focusing on the interest that they are being charged. The Department of Trade and Industry has published a PROPOSED GUIDELINES FOR THE...
View ArticleSubmission on Debt Collectors Amendment Bill
In October of last year the Department of Justice and Constitutional Development published a draft Debt Collectors Amendment Bill. The main amendment to the Debt Collectors Act was the proposed...
View ArticleBig Week for Legal Debt Collections – Stellenbosch case and Mag Court Amendment
The University of Stellenbosch Legal Aid Clinic & Others v Minister of Justice & Others case will be heard in the Constitutional Court tomorrow, the 3 March 2016. Moreover the Dept of Justice...
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