Category: Corporate Law

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Commercial Law

Failure to Comply with the Private Security Sector Provident Fund

A number of our security clients recently received correspondence from SALT, the administrator of the Private Security Sector Provident Fund. The correspondence was issued under the heading “NOTIFICATION TO AND REQUEST FOR INFORMATION FROM THE EMPLOYER BY PENSION FUND”

Corporate Law

PSIRA amendments – we are taking action!

The Private Security Industry Regulatory Authority (PSIRA) recently published proposed amendments to the security industry, which amendments seek to drastically restrict the use and carrying

Commercial Law

Alarm Installers: The Rolling Stones of The Security Industry

The Private Security Sector suffered uncertainty regarding various aspects raised in the Main Collective Agreement for the Private Security Industry, which plays a significant role in the compliance universe of the private security sector.

Commercial Law

Non-Compliant Executives in the Security Industry

A security business may only be registered as a security service provider if all persons performing executive or management functions are themselves, in their personal capacity,  registered as security service providers

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Commercial Law

B-BBEE PROPERTY PRACTITIONERS: BE WARNED

The latest amendments to the Property Practitioners Act in South Africa makes it compulsory for Property Practitioners to have a valid BEE Certificate. Without it, they will not be able to renew their Fidelity Fund Certificate (FFC). This means all Property Practitioners now need a valid BEE Certificate to operate.

Diverse business team
Corporate Law

B-BBEE Status in terms of the Codes

When all is said and done your enterprise’s B-BBEE compliance results in an awarded B-BBEE level – also called the B-BBEE status. This article explains the status levels that can be achieved and how they are set out in the legislation.

Diverse business team
Corporate Law

Enterprise Types under B-BBEE legislation

When it comes to Broad-based Black Economic Empowerment (B-BBEE) compliance, a business requires certain resources in order to comply at different levels. Naturally, enterprises of different sizes will have different resources available to dedicate to their compliance. This article is a practical guide to enterprise types and B-BBEE compliance.

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Corporate Law

Sector-specific B-BBEE Scorecards

Our previous article on B-BBEE compliance discussed the categorization of enterprises and what it means for their B-BBEE compliance. In this article explains the second differentiation of enterprises according to the legislation: Sector-specific B-BBEE Scorecards.