Removal-of-Director-under-Companies-Act-2013
Alison Lee

Alison Lee

NEWSFLASH FOR WEEK 4 (25 – 29 July 2022)

Dear All,

 

Please see the latest happenings for this week.

 

Alison and her great team.

 

 

ADVERTISING

 

 

Nivea’s new scrub can’t claim to clear zits in 7 days, ad regulator says, after L’Oréal complaint

Skincare brand Nivea must pull claims that its new acne scrub and cleanser can get rid of pimples in one week after its rival L’Oréal took it to South Africa’s advertising watchdog.

 

 

 

BUSINESS

 

 

What should companies consider when removing a director?

Removing a director from office in an unfair or unlawful manner exposes companies to liability under the Labour Relations Act as well as the Companies Act. This article raises some key considerations for companies looking to achieve the smooth departure of a director.

 

 

 

 

ENERGY

 

 

Ramaphosa outlines measures to tackle load shedding

Additional measures to achieve long-term energy security and end load shedding for good are being implemented.

President Ramaphosa announced this during an address to the nation on South Africa’s energy crisis.

The president declared that the “crisis that we are facing requires that we should take bold, courageous and decisive action to close the electricity gap”.

 

 

ENVIRONMENTAL

 

 

Outrage as local tyre makers ask for protection

Tyre importers and transport industry players want the government to slam the brakes on what they term a bizarre application by local manufacturers for anti-dumping duties on various categories of Chinese tyres, saying the tariffs could drive up the cost of tyres by as much as 41%.

 

 

Should you like to receive more detailed Newsflash reports, please contact us directly for further information. info@compliancetools.co.za

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