Zuydam Konsult

Zuydam Konsult Accountants Bellville

Law

New regulations on compulsory submission of beneficial ownership on all trusts

As part of South Africa’s efforts to combat the country’s grey-listing status, The General Laws (Anti Money Laundering and Combating Terrorism Funding) Amendment Act that was passed in December 2022, has been fast tracked and became effective as from 1 April 2023.  These amendments introduced a new definition of a ‘beneficial owner’ into the Trust …

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Private use of groundwater resources in the Cape Town Metropole: How is it regulated?

This article will provide a brief overview of how the abstraction and usage of groundwater resources are regulated, with specific reference to the Cape Town Metropole which has made headlines over the past few years for being one of the first big metropoles in the world to almost run out of this valuable resource. The …

Private use of groundwater resources in the Cape Town Metropole: How is it regulated? Read More »

Must employees disclose their vaccination status?

While employers cannot force their employees to be vaccinated, there are various grounds for dismissing employees who object, provided that the employer has conducted a thorough risk assessment to determine the need for vaccination. They also need to provide every possible reasonable solution to accommodate them. One of the grounds on which an employer can let go of an employee who refuses the jab is the refusal of …

Must employees disclose their vaccination status? Read More »

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