Editor Directors' Liability, Legislation, South Africa

South Africa’s PRECCA Amendment Bill: A Step Forward in the Fight Against Corruption?

By Jannes van der Merwe  Introduction The Prevention and Combating of Corrupt Activities Amendment Bill, 2026 (the “PRECCA Bill") marks the latest step in South Africa's ongoing efforts to combat corruption. While the existing Prevention and Combating of Corrupt Activities Act, 2004 ("PRECCA") already criminalises a broad range of corrupt conduct, the proposed amendments seek … Continue reading South Africa’s PRECCA Amendment Bill: A Step Forward in the Fight Against Corruption?

Editor culture of compliance, Directors' Liability, Full Article, South Africa

The Section 218(2) Conundrum? Navigating Director Liability with Insights from Venator Africa (Pty) Ltd v Watts and Another

By Brandon Cole In a recent judgment by the Supreme Court of Appeal of South Africa (“SCA”) on 24 April 2024, the case of Venator Africa (Pty) Ltd v Watts and Another[1]  (“Venator Africa) has clarified and redefined earlier interpretations of section 218(2) of the Companies Act 71 of 2008 (“the Act”). Section 218(2) reads … Continue reading The Section 218(2) Conundrum? Navigating Director Liability with Insights from Venator Africa (Pty) Ltd v Watts and Another