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Directors wanting to address problems in financially distressed companies need to be proactive, diligent, and aware of all options available to them, including the option of business rescue, its value, and the importance of its timing.
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The National Empowerment Fund’s Economic Recovery Fund has a focus on manufacturing, retail and services businesses, while the Small Enterprise Finance Agency (Sefa) Small Business Development Business Recovery Support Packages support informal and micro businesses sector.
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The South African Human Rights Commission has begun its national investigative hearing into the July unrest in Gauteng and KwaZulu-Natal.
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The criminal justice system and crime prevention strategies must take note of the contribution that the sociology of law can make in developing a “humane” criminal justice system to effectively contribute towards crime prevention.
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Individuals have rights under the Constitution and formal requirements in the Criminal Procedure Act circumscribe the nature and correctness of arrests by private persons like Neighbourhood-Watch groups.
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A particular aspect of the offence of incitement to commit public violence, considering the tragic consequences, is that the accused’s actual intention is irrelevant.
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Suggestions that neighbourhood watch forums need to be more closely regulated need to take into account their constitutional right to both exist and to protect themselves and their property.
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Businesses affected by the unrest which took place during 9 - 19 July have until Thursday, 30 September at 17:00 to register on the Business Loss Registration Portal as announced by government last week.
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Recommendations have been made to prevent a repeat of the devastating chemical spill and fire incident following the warehouse attack in Cornubia in July. The preliminary Compliance Profile Report indicates both a lack of critical risk assessment or planning permissions, and inadequate Environmental Authorisations.
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A Temporary Financial Relief Scheme has been established to assist the more than 75 000 workers who are receiving either reduced pay or no pay. Read here.