A PEEK INTO THE USE OF ALGORITHMIC TRADING AND IT’S INTERACTION WITH THE SOUTH AFRICA LEGISLATURE.
Friday, 06 December 2019
High Frequency Trading (“HFT”). Firstly, what is it? HFT is as far as possible from your archetypal perception of Wall Street traders bellowing profanity over the phone as they execute trades. HFT is a subset of algorithmic trading, which essentially makes use of complex algorithms which collect and dissect a plethora of financial data and
- Published in 2019, Algorithmic trading
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HAS THE LEGAL PRACTISE ACT (No. 28 OF 2014) EXTENDED THE JURISDICTION OF ATTORNEYS TO SIGN PLEADINGS IN DIVISIONS OTHER THAN THE DIVISION IN WHICH THE ATTORNEYS WERE ENROLLED?
Friday, 06 December 2019
INTRODUCTION The attorney’s profession has well-established rules and practices that have been developed and observed over several years. One such rule is that an attorney with right of appearance could only practise in the division in which he/she has been enrolled (“Rule”). However, the commencement of the Legal Practise Act No. 28 of 2014 (“LPA”)
- Published in 2019, Legal Practice
AMALUNGELO WORKERS ‘ UNION AND OTHERS v PHILIP MORRIS SOUTH AFRICA (PTY) LIMITED AND ANOTHER (CCT20/18) [2019] ZACC 45 (26 NOVEMBER 2019)
Thursday, 05 December 2019
BACKGROUND The Applicants are Amalungelo Workers’ Union (and 75 of its members) who were employed by Philip Morris South Africa (Pty) Ltd and Leonard Leonard Dingler (Pty) Ltd, the Respondents. The Applicants alleged that the Respondents have, in contravention of section 34 of the Basic Conditions of Employment Act (“BCEA”), deducted tax (in respect of
- Published in 2019, Labour Law
SONWABO DLAKIYA v THE STATE (A167/2019) [2019] ZAWCHC 159 (22 November 2019)
Wednesday, 04 December 2019
SUMMARY Sonwabo Dlakiya (“the Appellant”) pleaded not guilty to one count each of housebreaking with intent to rob (“count one”) and robbery with aggravating circumstances (“count two”) to which he was later convicted for by the Trial Court. The facts giving rise to the matter were as follows, the Appellant broke into the house of
- Published in 2019, Criminal Appeal against Sentence and Conviction
SHABANGU v LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA & OTHERS [2019] ZACC 42
Tuesday, 03 December 2019
BACKGROUND AND SUMMARY In July 2016, the Land and Agricultural Development Bank of South Africa (the “First Respondent”) and Westside Trading 570 (Pty) Ltd (“Westside”) entered into a loan agreement (the “Principal Agreement’), in terms of which the First Respondent would advance an amount of R100 Million to Westside for the purpose of acquiring and
- Published in 2019, law of contract
POTGIETER v MODIKWA PLATINUM MINE AND OTHERS (J1892/2019) [2019] ZALCJHB 267 (8 October 2019)
Friday, 29 November 2019
SUMMARY In this case Potgieter (the “Applicant”) approached the Labour Court (“Court”) on an urgent basis for an order interdicting the Respondents from proceeding with disciplinary action against him, alternatively an order that the disciplinary proceedings against him be dealt with in terms of section 188(A) of the Labour Relations Act (“LRA”) The application related
- Published in 2019, Labour Law
BODY CORPORATES LOANS
Thursday, 28 November 2019
INTRODUCTION Many owners living in sectional title schemes fail to pay their levies on time or at all and management contracts. Management contracts (which are contracts that deal with the obligations and duties of the managing agent as prescribed by the Sectional Titles Act 95 of 1986 (“the STA”)and the Sectional Titles Schemes Management Act 8
- Published in 2019, Loan Agreement
K v K (2016/06073) [2019] ZAGPJHC 18 (17 January 2019)
Thursday, 28 November 2019
SUMMARY An application for the recession of a judgment granting a decree of divorce, dated 20 July 2017 (the “Court Order”), was brought before the High Court of South Africa, Gauteng Local Division, Johannesburg (the “Court”), in terms of which the parties were married out of community of property with the exclusion of the accrual
- Published in Rescission – Court order – Decree of divorce, 2019
Mushi v EXXARO Coal (Pty) Ltd Grootegeluk Coal Mine (JA62/2018) [2019] ZALAC 44;
Wednesday, 27 November 2019
SUMMARY The Appellant (“Mushi”) had been employed by the Respondent, Exxaro Coal (Pty) Ltd, (“Exxaro”) at Grootegeluk Coal Mine for 24 years. On 10 March 2015, Mushi was on duty driving an oversized coal haul truck. Mushi reported to his foreman that a shovel operator was loading his truck in an unsafe manner and the
- Published in 2019, Appeals, Labour Law
