For almost as long as businesses have existed, so has some level of risk management. Risk management encompasses identifying, assessing and controlling financial, legal, strategic and security risks within a business.
The Supreme Court of Appeal in Armitage NO v Valencia Holdings 13 (Pty) Ltd and Others [2023] considered an appeal from the full court of the High Court in relation to section 163(1) of the Companies Act.
Business disputes are becoming more frequent and costly, as organisations grapple with rapidly evolving risks such as digital transformation, increasing accountability around sustainability requirements, supply chain challenges and heightened cybersecurity incidents.
Currently, animal welfare in South Africa is legally protected by the Animal Protection Act, which prohibits animal cruelty on all domestic and wild animals in captivity.