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The toll of poor worker health on the agricultural industry

Excessive working hours affect health and productivity It’s the busiest time of the year for the South African agricultural industry and you and your employees are toiling around the clock. From the labourers in your fields to the administration staff in your offices, everyone is working long ...
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Has TCF made the FAIS Act superfluous?

By Richard Rattue, Managing Director, Compli-ServeSA Many advisers are frustrated with the ongoing increase in legislation and regulations they have to comply with which have seen an inevitable increase in the cost of doing business over the last few years. One of the more comprehensive initiatives ...
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Brand South Africa statement on the current developments in South Africa

Brand South Africa joins the rest of the country in condemning the acts of violence   By Ms. Alice Puoane, Acting Chief Executive Officer Brand South Africa     JOHANNESBURG, South-Africa: Brand South Africa (http://www. info) joins the rest of the country in condemning ...
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Constitutional Court restores in duplum rule

By Daniel McConnell, Director Norton Rose Fulbright South Africa The Constitutional Court has restored the law on the running of interest on outstanding debts – reversing the SCA’s 1997 decision that the institution of legal proceedings suspends the operation of the in duplum rule. ...
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FAIS: Debarment Process under Review

The Financial Sector Regulation Bill (FSRB) is a huge document comprising 17 chapters, 242 sections and is 136 pages long. There are, in addition, 4 schedules and 70 pages of proposed amendments or repeals to 15 existing laws – including the FAIS Act, 2002, writes Alan Holton of Compliance Monitoring ...
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From The Glossary »

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Insurable Interest:

A long-standing principle enshrined in life insurance law is that the person taking out or effecting a life insurance policy should have an "insurable interest" in the person whose life is to be insured. This principle has a long history and was first introduced in England to counter the practice of gambling - mainly by taking out policies on the lives of prominent persons such as a prime minister, with whom the policyholder had no connection whatever ...
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