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Before totally closing down your business you might want to consider a business merger with a business that offers or renders the same goods and services as yours.
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On 23 May 2020 the Department of Home Affairs confirmed that international travel will be allowed for South Africans, who fall within limited categories. The main ones being: work, study, family reunion, to take up permanent residency and for medical reasons. These are indeed the most important categories and make provision for most cases where international travel is an important consideration.
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COVID-19 restrictions have led to a lot of uncertainty about existing visas and ongoing applications. This Schengen Immigration update might be insightful.
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Liability insurance in clinical trials is an indemnity covering the liability of an applicant for injury attributable to participation in the clinical trial. The loss covered includes that for medical treatment, and financial or other assistance necessary to adequately compensate participants for resultant impairment disability or handicap. When applying for a clinical trial to be approved, the applicant, the manufacturer, must submit evidence of comprehensive no-fault insurance. It seems that this measure is an adequate filter to avoid any company that may have nefarious intentions.
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Retrenchments: The when and how of retrenchment consultations in light of COVID-19 - let everyone know, before you decide to let anyone go
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Covid-19: Public Procurement in the time of Covid-19 - An exposition of emergency procurement procedures governing the facilitation of emergency procurement; and combatting the avoidance of supply chain management system abuse in dealing with the disaster.
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Retrenchments during lockdown - Any dismissal, for operational requirements or otherwise, must be in accordance with the Labour Relations Act 66 of 1995, even during the lockdown period.
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An executive summary checklist applicable to workplaces which are permitted to operate during Alert Level 4 in terms of the Disaster Management Regulations issued on 29 April 2020
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COVID-19 – Companies placed in liquidation: Court leaves SARS weak, but retrenched employees are the real victims
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Employers have to comply with the correct retrenchment process in the 2021 second wave of COVID-19 or they will find themselves in further financial difficulties, possibly having to pay compensation for non-compliance.