First National Bank

Obtaining and managing evidence in corporate forensic investigations: Legality, sources and integrity

The manner in which evidence is obtained and relied upon during forensic investigations plays a critical role in the whole investigative process, especially in establishing investigation findings and making recommendations that can be acted upon. In the context of internal corporate investigations, it is often challenging to obtain the required information from employees who are subjected to the investigation processes where such information is not known or accessible to the employer. While it is known that forensic investigators have the capabilities to obtain the necessary information, in order to maintain the integrity of the evidence, information must be obtained legally and directly from the relevantsources. 

It pays to go green for real estate developers, investors and lenders

In recent years, the global conversation around sustainability has prompted a significant shift in the way we approach various aspects of life, including business and finance. In the realm of real estate, the adoption of green and sustainability-linked loans has emerged as a powerful tool for promoting environmentally conscious practices. In South Africa, real estate developers, investors, and lenders are increasingly recognising the benefits of embracing green financing to not only contribute to a healthier planet but also to enhance their bottom line.

2024 Budget summary: VAT

Tempers continue to cool: Are uniform allowances (for nurses) taxable?

The inclusion of any part of an allowance paid or payable in an employee’s taxable income is governed by section 8(1)(a) of the Income Tax Act 58 of 1962 (Act).

Automatically unfair dismissal for refusing to take the COVID-19 vaccine? The Labour Court’s first decision

The law regarding automatically unfair dismissals is trite and has been tested by our courts on various occasions. Recently, however, in the case of Burton Maasdorp v University of Free State JS647/2022 , the Labour Court handed down the first decision regarding an automatically unfair dismissal claim resulting from an employee’s refusal to adhere to a workplace COVID-19 vaccination policy. 

Justice delayed could mean suspension without pay

In the case of Mark Strydom v ArcelorMittal South Africa J17647/2023, Mr Strydom approached the Labour Court on an urgent basis for an order that the decision taken by ArcelorMittal on 5 December 2023 to suspend him without pay, be declared unlawful and null and void, alternatively be set aside.