by Administrator03 | Feb 26, 2025 | Uncategorized
“Mortgage”, “Mortgage Bond” and “Home Loan”: What’s the Difference? Derived from French “mort” and “gage” (literally “dead pledge” because it “dies” when settled), a mortgage secures a creditor’s claim and enables it to sell the bonded property if the debtor defaults...
by Administrator03 | Feb 26, 2025 | News
The National Minimum Wage (NMW) for each “ordinary hour worked” has been increased from 1 March 2025 by 4.4% from R27,58 per hour to R28,79 per hour. Domestic workers: Assuming a work month of 22 days x 8 hours per day, R28,79 per hour equates to R230,32 per day...
by Administrator03 | Feb 26, 2025 | News
“The right of self-defence is the first law of nature.” (St. George Tucker, Blackstone’s Commentaries, 1803) South Africa’s chronically high crime rates have left many of us wondering what the limits are when defending ourselves and our families from criminals....
by Administrator03 | Feb 26, 2025 | News
“If you didn’t hear it from the horse’s mouth, it came from the other end of the horse.” (Anon) The rapid rise of AI is hard to ignore. DeepSeek’s AI assistant, only launched on 10 January this year, has grown to rival ChatGPT in popularity, making it the most widely...
by Administrator03 | Feb 26, 2025 | News
“O, I do not like that paying back.” (Falstaff, in Shakespeare’s Henry IV Part I) A standard clause in loan agreements, suretyships and the like is the “certificate of balance” or “COB” clause. Typically, it will read something like this (but normally with a lot...
