Tag: suretyship
Rules of evidence – prove it or lose it
The High Court of South Africa, KwaZulu-Natal Local Division, Durban, recently delivered judgment. This follows a dispute concerning the supply of liquid petroleum gas (LPG). The Plaintiff, a supplier of LPG, had provided the product to the First Defendant over several years.
Money lessons we can learn from the Tinder Swindler
The Tinder Swindler, a Netflix true-crime documentary that currently has both the online and offline world ablaze, details the story of an internet conman who constructs a tightly wound web of lies around him, with the aim of swindling his romantic interests out of hundreds of thousands of dollars.
Changes to the COVID-19 Guaranteed Loan Scheme for distressed businesses
High on the agenda of Finance Minister Tito Mboweni’s supplementary budget speech on Wednesday 24 June was the need to support the economy as it gradually reopens as well as to get businesses moving again. Notably, Mboweni announced amendments to the COVID-19 guaranteed loan scheme that was introduced at the beginning of lockdown, offering some relief to struggling businesses.
