The latest insights from Pieta
May 17, 2021
Humankind has always been known for its innovation and ability to advance in technology and science. Most of human development and technology is the product of the last 200 years of history. In fact, we are developing technology and innovation at an exponentially increasing […]
April 20, 2021
In recent years the internet has transformed the commercial landscape and redefined the way we do business. The movement away from traditional paper and ink has led to the electronification of everything, including the conclusion of contracts. Online shopping, signing up […]
April 20, 2021
Preparing yourself and your business for your inevitable exit from that business, whether by choice or fate, is one of the most neglected aspects we see in small and medium enterprises. That being said, we believe an exit strategy is […]
April 20, 2021
Section 72 of the Companies Act No 71 of 2008 (“the Act”) stipulates that a company can elect to appoint any amount of director committees, and the board of directors can delegate any amount of the duties and responsibilities to […]
March 11, 2021
When, in the early 1990s, the personal computer was becoming popular in South Africa, people were slowly but surely starting to migrate physical activity to a digital form. Soon, programs like Microsoft Word became a home and office staple. After the shift from physical […]
March 11, 2021
Finance Minister Tito Mboweni delivered his third annual budget address on 24 February 2021. The corporate tax rate reduction from 28% to 27% for years of assessment commencing on or after 1 April 2022 was arguably the most significant windfall for corporate taxpayers, although the actual cash benefits thereof will […]
March 11, 2021
Take scenario one, in which a purchaser pays the purchase price of a good in a one lump sum. In this case, they are entitled to take delivery of the goods, and ownership will be transferred from the seller to the purchaser. Here, the rights, title and interest of the property is passed from the seller to […]
February 12, 2021
Securities in companies are transferred daily, including transfers of shares in so-called “shelf companies”. When parties enter into a transaction, it is important to be cognisant of the regulatory requirements set out in the Companies Act 71 of 2008 (“the […]
February 12, 2021
We’ve all seen it in movies and novels: A young unsuspecting person wakes up one day to find out that they had been left an extraordinarily large estate from a distant relative that they hardly knew existed. We chalk it […]
February 12, 2021
Running a business as a sole proprietor, especially in a highly volatile economy, is a momentous task. You started your business because you believed that, at least to some extent, you could make the world a better place and provide a service/product that […]
January 14, 2021
When drafting certain commercial agreements (including sale of business, sale of shares, subscription, sale of property and other form of agreements), you are faced with a myriad of provisions to consider. This article intends to provide a high-level overview of […]
January 13, 2021
Smart contracts are agreements that self-execute without any human intervention when the conditions, as specified in digital form, are met. Blockchain, a decentralised digital ledger that records transactions in different participating computers in order to verify and legitimise transactions, increasingly […]
January 13, 2021
Since the POPI Act came into effect on the 1st of July 2020, many businesses have had to rethink the way that they use and store information of individuals. In some ways, it may place a burden on some small business […]
November 20, 2020
The novel coronavirus, also known as COVID-19, has caused major disruptions worldwide since its outbreak in December 2019 in Wuhan, China. The virus has also recently spread to South Africa and our government has reacted swiftly by introducing a state […]