Part 1 of a legal analysis of the COVID-19
outbreak. In this article we look at ways in which
companies and their directors and employees can still meet their
obligations in terms of the Companies Act and the King IV Report on
Corporate Governance for South Africa, and minimise disruptions
resulting from the COVID-19 pandemic.
The World Health Organisation has declared coronavirus disease
(COVID-19) a global pandemic. The Minister of Cooperative
Governance and Traditional Affairs has, in terms of the Disaster
Management Act of 2002, and acting on the advice of the National
Disaster Management Centre, declared COVID-19 outbreak a national
state of disaster. This will enable government to create an
integrated and coordinated disaster management mechanism that will
focus on preventing and limiting the spread of the virus.
