A number of companies have felt the financial implications due to the growing COVID-19 pandemic that has struck our nation. With these difficulties comes the issue of Retirement Funds and how these will be affected due to the financial constraints brought on by the global pandemic. The COVID-19 pandemic has put a strain on the economy and businesses are feeling the effects. Financial distress caused by the pandemic has rendered some businesses unable to pay contributions required of them in...

As if the corona pandemic is not hard enough on all South African businesses, we are constantly faced with changing regulations, strict rules on making our businesses COVID-19 safe and to reduce the spread of the virus as conditions change. President Cyril Ramaphosa announced on the 24th of May 2020 that South Africa will move to Level 3 from the 1st of June 2020, opening most sectors for trade with strict health protocols and social distancing rules. Employers will be required to develop a...

On 24 May, President Cyril Ramaphosa addressed the nation and announced that the Cabinet has decided to move the entire country from lockdown alert level 4 to level 3 on 01 June. This will be the biggest shift towards “some kind of normal” South Africans have seen since the hard lockdown was announced in March of this year. Ramaphosa did, however, acknowledge that some COVID-19 “hotspots”, being amongst other, Johannesburg, Tshwane, Cape Town, Ekurhuleni and Ethekwini, to name a few, would...

Employers should be aware that mental illness in the workplace can lead to decreased productivity, poor work quality, and even compromised workplace safety. Employers should take proactive steps to identify and manage mental illness in the workplace. As South Africa was placed in lockdown since 26 March 2020, to combat the spread of the coronavirus (COVID-19), it is no wonder that, after a few weeks, many people have been experiencing heightened feelings of uncertainty, unrest and loneliness...

Did you know that throughout level 5 lockdown, all automotive movement came to a legendary standstill?  Most employers and employees across all occupations were urged to stay home and to work remotely from home.  The National Association of Automobile Manufacturers of South Africa investigated data where they found that the sales of motor vehicles dropped with 98,4%.  This affected the year-to-date volumes downwards with 32,1%.  This had a ripple effect on all traders where...