This is the first in a series of articles on directors’ duties in relation to employment, employment law and employee benefits.
Continue readingSouth Africa: Two-pot Readiness Pack – Preparing for the implementation of the two-pot retirement system
To assist our retirement fund industry clients to prepare for the rollout of the two-pot system, we are excited to announce that we have compiled the Bowmans ‘Two-pot Readiness Pack’ for private sector retirement funds.
Continue readingSouth Africa: Corporation for Deposit Insurance launched
The South African Reserve Bank has officially launched the Corporation for Deposit Insurance, which aims to protect bank depositors and enhance the public’s confidence in South Africa’s banking system.
Continue readingSouth Africa: New rules for the Labour Courts – what employers need to know
New Labour Court and Labour Appeal Court rules have been published in the Government Gazette. Key provisions that employers should know about are outlined in this article.
Continue readingSouth Africa: Reaching boiling point – updated FSCA Communication signals that the two-pot retirement system is almost readyÂ
Several legislative changes are being finalised ahead of the ‘two-pot’ retirement system coming into effect in South Africa.
Continue readingAfrica: Navigating the path to exit in private equity – Continuation funds
When investments are performing well and trying to exit them at the end of the pre-agreed life of the private equity fund would diminish value rather than enhance it, or if market conditions are not conducive to an immediate exit, fund managers can consider setting up a continuation fund.
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