Sasol Pension Fund

Standing in solidarity against gender-based violence and femicide

As we continue to stand in solidarity with the activists who began the Women’s Global Leadership Institute in 1991, we take a moment to reflect on what can be achieved through collective commitment and resilience in building a safer South Africa for all. The annual 16 Days of Activism for No Violence Against Women and Children Campaign aims to raise awareness of the enduring and devastating impact that gender-based violence and femicide (GBVF) have on women and children, and on our society more broadly.

Jurisdiction in cross-border employment disputes: A clarification by the Labour Court

With some businesses and entities moving towards an increasingly globalised workforce, questions surrounding jurisdiction in labour disputes involving employees working abroad for domestic employers have become both complex and critical. South African labour law has, until recently, grappled with the issue of whether domestic dispute resolution forums, such as bargaining councils or the Commission for Conciliation, Mediation and Arbitration (CCMA), retain jurisdiction where an employee is domiciled or performs their duties abroad, but remains employed by a South African entity or entered into an employment agreement in South Africa, or through, a South African entity. The Labour Court provides important clarification in the case of Naidoo v Khosa NO and Others (JR1346/22) ZALCJHB 131. 

Insolvents worldwide beware

In the matter of Raoul Gregor Wagner N.O v Johan Christian Gijsbers N.O and Three Others (20876/19) ZAWCHC 82 (5 June 2024), Mr Wagner (the applicant), in his capacity as the official receiver of Mr Jurgen Scheer’s insolvent estate in Austria, sought relief from the Western Cape High Court for recognition of his appointment as the trustee of Scheer’s Austrian insolvent estate in South Africa in order for him to remove any surplus funds after final distribution of Scheer’s South African insolvent estate from South Africa to Austria, for the benefit of Scheer’s Austrian creditors.

ESG and corporate compliance: Adapting to disclosure and sustainability requirements

Environmental, social and governance (ESG) refers to a set of criteria used to evaluate a company’s performance beyond financial metrics, focusing on its impact on the environment, its relationships with stakeholders, and the effectiveness of its governance structures. ESG considerations have become central to corporate decision-making, influencing policy frameworks, investment strategies and business operations globally.

Beyond the delay: Unpacking technical aspects of the 2025 Budget

A stake in your future: Issuances of shares for future consideration

It is common to encounter share subscription transactions where the consideration is payable to the issuer company on a deferred or future date (i.e. “ future consideration ”). However, it is not always easy to spot a scenario where future consideration is at play, often resulting in the relevant provisions of the Companies Act 71 of 2008 (Act) being overlooked. Several interesting issues regarding the interpretation of section 40(5) of the Act arise in thisregard.