What to consider when wanting to take action against owners who are not paying their levies/contributions.
The yield of a country's 10-year government bond provides important insight into its economic prospects. Above-average yields on the debt of reliable borrowers typically represent an expectation of above-average inflation and strong GDP growth. Very low yields imply the opposite.
"Spoliation is the wrongful deprivation of another's right of possession. The aim of spoliation is to prevent self-help. It seeks to prevent people from taking the law into their own hands ... The cause for possession is irrelevant - that is why a thief is protected ... The fact that possession is wrongful or illegal is irrelevant, as that would go to the merits of the dispute" (extracts from a 2012 Supreme Court of Appeal decision)
With business confidence at an all-time low and companies buckling under the pressures of a lack lustre economy, it comes as no surprise that more and more South African businesses are struggling. But the flip side of that is that businesses that survive during tough economic times are the ones that will prosper in the medium to longer term and leave the legacies envisaged by the passionate entrepreneurs who established them.
The prime Ski Property Report provides an overview of prime market conditions across Knight Frank’s key ski destinations.
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