CONSUMERS’ CREDIT AMNESTY: NOT AN AMNESTY ON THE DEBT YOU OWE
The latest amendments to the National Credit Act have caused great confusion, with some consumers believing that the introduction of what has been termed a “credit amnesty” means they do not have to repay existing debts. Credit providers, on the other hand, are becoming increasingly concerned that they will have less information to assess their risks in providing credit.
RESPONSIBILITY OF HOME SECURITY SERVICES TO VET STRANGERS
This month the Constitutional Court overturned a Supreme Court of Appeal judgment that related to whether a (high end) security company can be held liable for damages suffered by the home owner after robbers, dressed as policemen, gained access to his house and stole many valuables. In South Africa where many businesses and private individuals employ forms of security in an endeavor to safeguard against robbery and assault, the outcome is valuable, very relevant and shows an appreciation on the side of the highest Court of the reasonable expectations that clients of such companies may hold.