Entries by Marylla Govender

Compliance with the NCA: credit providers are liable for the actions of their employees

Earlier this year the National Credit Regulator (NCR) referred a matter relating to Lewis Stores, to the National Consumer Tribunal for breach of the National Credit Act (NCA). The role of the Consumer Tribunal is to adjudicate on applications and allegations of prohibited practice made in terms of the NCA and the Consumer Protection Act. […]

What you need to know about the largest competition law fine in South Africa to date

Over the past 16 years there have been various competition law cases pending against Arcelor-Mittal (Mittal). In order to bring these cases to finality, Mittal has reached a settlement agreement with the Competition Commission to pay an eye-watering and record-breaking R1.5billion fine (payable in annual installments over the next 5 years) for its involvement in […]