NGL Attorneys | Commercial, Business and Property Law

What is a company culture?

We all know that the term “culture” is defined as the values, practices and beliefs shared by members who form a part of the same group, but what does “company culture” refer to? Company culture has the same definition as culture, however, it refers to the culture within a company or organisation specifically, and this […]

Can you deregister or terminate a trust?

There is no provision in the Trust Property Control Act, 1988 that requires the deregistration of trusts. However, this said, it does not mean that a trust can never be terminated, as there are a few events that can occur during the lifetime of the founder, the trustees or the beneficiaries. When considering the termination […]

The National Health Insurance Bill

The National Health Insurance Bill was approved by Cabinet in 2017. The date for implementation of the NHI is 2025. The government formulated the National Health Insurance (NHI) in order to coordinate access to quality and affordable health care for all. The National Health Insurance will pay for health care for all South Africans and […]

Shareholders’ agreements 101

A shareholders’ agreement sets out how a private company should be operated and regulates the various shareholders’ rights and obligations. It is therefore important that a shareholders’ agreement be concluded at the beginning of the relationship to prevent disputes later on. The Companies Act No. 71 of 2008 (“the Act”) expressly recognises shareholders’ agreements. Section […]

Should you invest in student accommodation?

At South African universities and colleges, a massive gap exists between the demand for accommodation on campuses and the available spaces in the official residences. With more and more students being accepted every year, this need for accommodation has grown. Students who cannot live in the official residences, need to find other accommodation, preferably close […]

How to become a successful real estate agent

You’ve chosen a career in real estate and cannot wait to get started, but you need to get your licence first. Now, what if we told you that getting your real estate licence is the easiest part of becoming a successful real estate agent? You are probably having sleepless nights stressing about your real estate […]

Muslim marriages: Is it recognised in South Africa?

All marriages entered in terms of Islamic law, are currently not recognised as valid marriages. For a valid marriage to be recognised in South Africa one must get married in terms of civil law which is regulated by the Marriage Act 25 of 1961 or two people can enter into a civil union partnership under […]

What is important to your business?

Businesses, both big and small, are integrating corporate social responsibility (CSR) as part of their objectives and mission. This plays a key role in attracting and retaining employees, stakeholders, customers and clients. Consumers’ deciding factors when it comes to spending is influenced by whether or not businesses are driven by CSR principles. Those who don’t […]

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