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Guest Article: Unpacking the significant proposed changes to the “Generic” codes of good practice (“Codes”) on Broad-Based Black Economic Empowerment (“BBBEE”)
The Codes set out the methodology for calculating a firm's BBBEE rating. Significant changes have been proposed to cater for the proposed new Transformation Fund and changes to the BBBEE procurement scorecard. While not yet binding and still open for public comment,...
Guest Article: GreenTech partners with RUPURGING as it launches local liquid purging compound
RU PURGING AT PLASTICS is set to transform the African packaging industry by launching its locally manufactured liquid purging compound. Rigorously tested, this innovation addresses a crucial aspect of the production process: machine cleaning. For this reason, RU...
Guest Article: “Single-Screw Meets Twin-Screw” – NGR and Leistritz Join Forces for the Future of Recycling
Leistritz Extrusionstechnik GmbH (Nuremberg, Germany) and Next Generation Recyclingmaschinen GmbH (Feldkirchen/Donau, Austria), two specialists in plastics processing, announce their close cooperation. The goal of the partnership is to combine their respective...
Guest Article: A Bond Clause Deadline Whooshes by and a Sale Dies – Can You Revive it?
“I love deadlines. I love the whooshing noise they make as they go by.” (Douglas Adams in The Salmon of Doubt) Contracts often contain suspensive conditions, a common example being the bond clause in a property sale agreement. The standard bond clause provides that...