Two-Pot Retirement Reform: Insights From One Year In

Two-Pot Retirement Reform: Insights From One Year In

Approximately R60 billion has been withdrawn since South Africa’s new two-pot retirement fund system was implemented a year ago. In a recent briefing to the National Council of Provinces, National Treasury said the introduction of the two-pot system has been largely successful, improving public engagement with retirement funds, exposing non-compliance by some employers, and ensuring…

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Two Legal Developments: Workplace Harassment and Parental Leave

Two Legal Developments: Workplace Harassment and Parental Leave

Cliffe Dekker Hofmeyr’s Anli Bezuidenhout, director – Employment Law, and Nadeem Mahomed, director – Employment Law, discuss how enhanced harassment protections and evolving parental leave will impact the workplace. Two transformative legal developments – the comprehensive expansion of workplace harassment protections and the evolving framework governing parental leave entitlements – hold particular significance for women…

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Business Rescue in South Africa: A Step-by-Step Guide

Business Rescue in South Africa: A Step-by-Step Guide

Bridget Letsholo, Head of Business Restructuring & Insolvency, and Charlene Ferns, Associate: Dispute Resolution, at CMS South Africa, unpack the Business Rescue process in the form of a simple step-by-step guide, which serves as an important overview of how the process works.  Managing a business presents significant challenges, and in South Africa, these difficulties are compounded…

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