Introduction There is an increasing trend of employees that resign with immediate effect ignoring their legal obligation to give the employer notice. When an employee resigns, the employer has no choice but to find and train a replacement employee. The purpose of the prescribed notice period is to give the employer the time he needs to arrange a smooth handover process. An employee's resignation without notice may frustrate this process and make the employer feel helpless. The question is,...

The objectives of the policy are to integrate all the elements of B-BBEE into the relevant authority’s activities in relation to its function of issuing licenses as envisaged in section 22C of the Medicines Act. Stakeholders are encouraged to comment on the draft policy by 31 August 2023 on the SAHPRA website. Draft-B-BBEE-Policy-on-Issuance-of-Licences-22-June-2023Download Submissions may be directed to SAHPRA through the 'Contact Us' page on their website. Please click here for the link:...

Are you aware of the latest developments regarding Beneficial Ownership in terms of the Companies Act? SEESA Compliance and Transparency will be able to assist with the following: • Telephonic advice regarding Beneficial Ownership matters; • Updates regarding and assistance with Beneficial Ownership verification; • Assistance with a Beneficial Ownership register. Apart from the above, SEESA Compliance and Transparency will also provide you with access to the following services: • Guidance on...

Skills Development Levy (SDL) is a levy paid by employers who are registered for this levy by SARS and are thereby registered with their allocated Seta. These funds are used to contribute to developing their employees by conducting training. This assists the employees in developing the skills they require and to advance in their career. All companies who have an annual payroll equal to or exceeding R500 000 per annum are liable to register for SDL with SARS, and they will then pay this...