UIF and the Land & Agricultural Development Bank of SA
UIF and the Land & Agricultural Development Bank of SA
Cliffe Dekker Hofmeyr represented Unemployment Insurance Fund (UIF), a fund provided by the South African Government for short term unemployment; and Land Bank, the specialist agricultural bank guided by a Government mandate to provide financial services to the commercial farming sector and to agri-business.
Our Real Estate team advised these clients in the registration of various mortgage bonds and notarial general and special bonds. This mandate confirms the big-ticket nature of many of the real estate mandates handled by our experienced team as well as the trust placed in our team by public sector entities active in the real estate sector in South Africa.
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Section 189A: Must there be compliance with your internal collective agreement before embarking on strike action?
On 13 November 2024, ArcelorMittal South Africa (Pty) Ltd (AMSA) launched an urgent application to declare intended strike action by the National Union of Metalworkers of South Africa (NUMSA) and the General Industries Workers Union of South Africa and their respective members (employees), scheduled to commence at 05h00 on Thursday, 14 November 2024, unprotected and to interdict and restrain them from participating in the intended strike action.
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20 Feb 2025
Cliffe Dekker Hofmeyr solidifies its leadership in M&A at the Ansarada DealMakers Annual Awards
Leading corporate and commercial law firm Cliffe Dekker Hofmeyr (CDH) has once again reinforced its position as a top M&A legal adviser in South Africa at the 2025 Ansarada DealMakers Annual Awards, held on 18 February 2025 at the Sandton Convention Centre.
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20 Aug 2024
by Claudette Dutilleux
Is there a Price to pay when entering an agreement subject to foreign law?
While legal proceedings may be instituted in South Africa pertaining to a dispute governed by foreign law, such proceedings may be practically cumbersome to prosecute in South African courts for various reasons, including: * additional cost to litigants in obtaining advice from foreign legal practitioners on the application of the particular foreign law to the dispute being determined before a South African judge; * additional cost to litigants for their South African legal practitioners to become au fait with that particular foreign law; * the possible appointment of an assessor to aid the judge appointed to determine the matter in accordance with that particular foreign law; and * the possible appointment of the matter to be case managed.
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10 Feb 2025
Annual increase to the national minimum wage, effective 1 March 2025
The National Minimum Wage Act 9 of 2018 (Act) was enacted to advance economic development and social justice by, inter alia , improving the wages of the lowest paid workers, and protecting workers from unreasonably low wages by establishing the national minimum wage (NMW).
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29 Oct 2024
by Marelise van der Westhuizen and Loyiso Bavuma
National Treasury provides update on South Africa's progress in getting off the FATF grey list
National Treasury released a statement providing feedback on South Africa's participation in the October 2024 Financial Action Task Force (FATF) Plenary, where FATF recognised the improvements made in South Africa's structures to monitor and prevent anti-money laundering/combatting the financing of terrorism (AML/CFT).
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2 Sep 2024
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