136 results found

In August 2021, the High Court in Miller v Natmed Defence (Pty) Ltd and others (18245/2019) [2021] ZAGPJHC 352 handed down a decision reaffirming the position that directors serve at the behest of the shareholders...

Regulatory Framework; Contracts versus Policies; Dealing with Employee issues; Dealing with poor performing Directors and issues involving Misconduct.

The Board of Directors of OAPI have granted a second and final term to Director-General Denis Bohoussou Loukou as the head of OAPI. His first term of office ended in a crisis with his suspension on...

Corporate Governance is not just something that happens in shiny boardrooms or large companies. It is the cornerstone of any good business.

OAPI closed out 2025 with a series of important developments aimed at strengthening intellectual property protection across its 17 member states.

Added duties have been placed on the board of a pension fund regarding the appointment and termination of the principal officer. The board is required to review the fitness and propriety of its principal officer annually.

Shareholder claims revisited - what is the current position following the recent Steinhoff and African Bank judgments?

The state of SOEs, entities controlled by provincial government and local municipalities in South Africa provide all the ingredients for a perfect litigation storm.

The Competition Appeal Court (CAC) recently reversed the Competition Tribunal's decision to conditionally approve the merger between Momentum Group Limited (Momentum) and African Life Health (ALH), in which Momentum acquired the entire share capital of ALH.

The finance team has spent weeks refining next year's budget. At 10pm on a Thursday the non-executive chair e-mails it back – fifty edits, deep into operational detail.

Directors and Officers (D&O) insurance policies often exclude claims arising from actual or alleged contractual liability. These exclusions typically prevent coverage when the company...

There has been much public debate about company laws as a result of the enactment of the new Companies Act of 2008; and, more recently, the release of the King Code and Report on Governance in South Africa ("King III"), which will become effective on 1 March 2010.

With the introduction of the Companies Act No. 71 of 2008 with effect from 1 May 2011, South African companies may convert their existing par value shares into no par value shares.

Section 22(1) of the Companies Act 71 of 2008 ("the Companies Act") makes provision for holding directors personally liable for the debts of their company,...

Recent press coverage has highlighted the pressures and legal challenges that directors are likely to face in 2020

The Board of Directors authorised the launch of a recruitment procedure for a new CEO, subsequent to the dismissal, with immediate effect, of the Deputy Director General (DGA) of OAPI, Mr Jean-Baptiste Noël Wago on 13 May 2022.

Directors and managers in South Africa will face personal criminal liability and jail time for participation in a cartel.