If you are going to hold securities as defined in the South African Companies Act, 2008 (the Act)) on behalf of another person, be sure that you fully appreciate and are able to comply with all the provisions of the Act which will apply to you as a consequence.
In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...