Dreams of homeownership in South Africa often come with hidden costs beyond the property price tag. As the Reserve Bank's interest rate decision looms, new buyers must not only anticipate mortgage changes but also unveil the intricacies of transfer duties, bond costs, and maintenance expenses. In the dance of property acquisition, being well-informed about both visible and concealed expenses is crucial for a financially sound journey.

The ombudsman for short term insurance received 15 228 complaints in 2022, and complaints about motor insurance again made up most of the complaints with 4 446 (16.28%) and R39 642 212.59 finding its way back to consumers.

Most attorneys, recognizing the complexity of defamation cases, require a significant upfront payment to take on such matters. It is not uncommon for a legal representative to demand a deposit of at least between R30 000 to R50,000 before initiating the legal process. This initial investment serves as a testament to the serious financial commitment required to defend oneself against allegations of defamation.

One of the most immediate and severe consequences of ignoring a summons in South Africa is the risk of a default judgment. If you fail to respond to a summons within the prescribed time frame (usually 10-20 days), the court may proceed without your input and issue a default judgment in favor of the creditor.

A well-structured SLA can ensure a smooth working relationship, while overlooking important clauses can lead to misunderstandings and disputes. In this article, we will explore some of the crucial clauses that private companies should consider when entering into an SLA with the South African government.

Tweets can go viral in a matter of seconds, reaching a vast audience. A defamatory tweet can quickly cause substantial harm to a person's or entity's reputation.

In South Africa, you can also lodge a complaint with the Ombudsman for Short-Term Insurance. They act as an independent mediator and can help resolve disputes between policyholders and insurance companies.

They offer legal recognition, clarity, and enforceability, making debt recovery more streamlined and efficient. Regardless of the magnitude of the debt, these agreements provide a flexible tool for managing and recovering owed amounts, contributing to a more transparent and trustworthy financial environment.

While the journey might be exhilarating, it's important to have a map to navigate through potential pitfalls. Contracts are your business's best friends when it comes to ensuring clarity, protection, and long-term success.

A stokvel written agreement serves as a legally binding contract that outlines the terms and conditions governing the stokvel's operation. By documenting the rules and responsibilities, all members can have a clear understanding of their rights and obligations