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A state-owned company is a new form of a company which was introduced by and must be registered in terms of the 2008 Act, and which either falls within the meaning of "state-owned enterprise," in terms of the Public Finance Management Act, [11] or is owned by a municipality, as contemplated in the Local Government: Municipal Systems Act, [12 ...
Fully state owned 1936 South African Express: Transport Regional airline 980 Fully state owned 1994 South African Forestry Company Forestry Manages forestry on state owned land 2,363 R0.93bn (R0.08bn) Fully state owned 1992 South African Nuclear Energy Corporation: Energy Manages the Pelindaba research reactor 1,400 R2.702bn (0.131bn) Fully ...
The Companies and Intellectual Property Commission (CIPC) is an agency of the Department of Trade, Industry and Competition in South Africa. [1] The CIPC was established by the Companies Act, 2008 (Act No. 71 of 2008) [2] as a juristic person to function as an organ of state within the public administration, but as an institution outside the public service.
The state's unique court, the Court of Chancery, allows corporate disputes to be heard without a jury within a reasonable time compared to non-corporate disputes. [20] State corporate laws are very modern and specifically detail what a corporation is allowed to do, and as a result other states often try to emulate Delaware's legal corporate model.
The Interpretation Act [4] defines it as "any law, proclamation, ordinance, Act of Parliament or other enactment having the force of law." [5] The Constitution of South Africa, which has the force of supreme law, [5] and as such sets the standards and requirements for the construction and construal of statutes, also provides a definition of ...
OHADA (Organization for the Harmonization of Business Law in Africa) is a system of corporate law and implementing institutions adopted by seventeen West and Central African nations in 1993 in Port Louis, Mauritius before it was revised in 2008 in Quebec, Canada.
The website at the time of this transition carried approximately 700 judgments from South Africa and Namibia. SAFLII is currently in operation from within the Department of Public Law at the University of Cape Town and has been there from December 2013. SAFLII became a member of the Free Access to Law Movement at the Law Via the Internet ...
South Africa's municipalities may, in terms of the Constitution of the Republic of South Africa, 1996, make by-laws for the effective administration of the matters it has a right to administer. The areas within which a municipality may make by-laws are listed in Schedule 4 Part B, and Schedule 5 Part B, of the Constitution.