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INTRODUCTION The implementation of black economic empowerment transactions in South Africa is becoming increasingly necessary for businesses to survive and the legal issues around these transactions are accordingly of considerable importance to many people. What follows is a summary of key features of the applicable legislation, the Broad Based Black Economic Empowerment Act 53 of […]
INTRODUCTION The starting point for a buyer in most transactions is the maxim ‘caveat emptor’. Even with the precaution of a thorough due diligence though, it is possible undiscovered gremlins will surface after pen has been put to paper. It is accordingly reasonable for a buyer to seek protection by negotiating appropriate warranties and […]
