compensation fund
Alison Lee

Alison Lee

NEWSFLASH FOR WEEK 4 – 22 – 25 March 2022

 

Dear All,

 

Please see the latest happenings for this week.

 

Alison and her great team.

 

 

 COMPETITION

 

Competition Tribunal Focuses On High Prices For Gas Cylinder Deposits

The tribunal gathered evidence from industry players in a case between the Competition Commission and five liquefied petroleum gas companies including Totalgaz Southern Africa, Oryx oil and Easigas.

 

 

FINANCE

 

Bank for International Settlements publishes central bank digital currencies report

The Bank for International Settlements (BIS) Innovation Hub has announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (mCBDCs).

 

 

 

HEALTH AND SAFETY

 

Compensation Fund head explains

Compensation Fund commissioner Vuyo Mafata has defended the notice gazetted in October 2021 that will effectively exclude third-party administrators from payment of claims, saying this is required by the fund’s new account-verification system.

 

 

LABOUR

 

Rail Safety Regulator bid to use Popia in labour dispute fails

Attempts by the Rail Safety Regulator (RSR) to hide behind the Protection of Personal Information Act (Popia) in a labour dispute have failed.

 

Should you like to receive more detailed Newsflash reports, please contact us directly for further information.

mailto:info@compliancetools.co.za

 

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