Tobie Jordaan

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Articles

South Africa: The thin line between being a bad manager and a bully in the workplace

Sep 16, 2024 | bowmanslaw.com | Chloë Loubser |Mbali Mnyandu |Tobie Jordaan |Paras Shah

Employers and managers have a prerogative to set workplace rules and standards, including performance standards. Oftentimes managers come across as being harsh, bullish, dismissive, or overly critical in attempting to enforce certain workplace standards. It is important for employers, and their employees, to understand at what point such conduct may cross the line and be regarded as a breach of a harassment policy.
South Africa: LAC confirms that conciliation is a necessary step when challenging the substantive fairness of retrenchments post-facilitation

Sep 16, 2024 | bowmanslaw.com | Chloë Loubser |Mbali Mnyandu |Tobie Jordaan |Paras Shah

On 10 September 2024, the Labour Appeal Court (LAC) delivered a significant judgment in the case of National Union of Metalworkers of South Africa obo Members v SAA Technical SOC Ltd. The crux of the case was the interpretation of section 189A(7)(b)(ii) of the Labour Relations Act, 1995 (LRA), specifically whether conciliation is required before referring a dispute about the substantive fairness of dismissals to the Labour Court after facilitated consultations in large-scale retrenchments.
Africa: Prime opportunity for private equity funds to rescue retail companies

Sep 15, 2024 | bowmanslaw.com | Tobie Jordaan |Jay Page |Amandla Makhongwana |Paras Shah

The retail sector in South Africa has experienced significant distress in the last year, with several high-profile retail businesses entering business rescue proceedings. Retail giants like AutoZone, West Pack and Cross Trainer, for example, have all recently entered business rescue, highlighting the growing financial pressures faced by companies in the sector.
Sustaining the agricultural engine in South Africa

Aug 8, 2024 | farmersreviewafrica.com | Tobie Jordaan |Bowmans South Africa |Zablon Oyugi

By Tobie Jordaan, Partner, Bowmans South AfricaBusiness confidence in the agricultural sector in South Africa in the second quarter of 2024 was at its lowest level since 2009, the year of the global financial crisis. As one of the largest contributors to South Africa’s GDP, the sector is vital to the sustainability of the economy, society and environment, and a significant contributor to the upliftment of rural communities across the country.
Tax Matters: Let’s Talk Tax - episode 2

Jun 4, 2024 | lexology.com | Julia K. Choate |Tobie Jordaan

Click here to listen to the audioIn this episode of our podcast series, partners, Julia Choate and Tobie Jordaan, discuss how a company in business rescue may soon be able to rely on temporary relief from tax debt in order to trade back to financial health.
Can business rescue assist in avoiding the illusion of false optimism

Jun 20, 2023 | cliffedekkerhofmeyr.com | Tobie Jordaan

Can business rescue assist in avoiding the illusion of false optimism Tobie Jordaan, Head of our Business Rescue, Restructuring & Insolvency sector was on Michael Avery's show on Fine Music Radio.
Risk it for the biscuit: opportunities for private equity in business rescue

Jun 14, 2023 | ghostmail.co.za | Tobie Jordaan

Private equity firms have long been known for their ability to strategically identify and act on opportunities where others may not see them, and business rescue is no exception. Business rescue presents a unique opportunity for private equity firms and investors to invest in companies that are struggling financially, but that, with the right resources and support, have reasonable prospects of a profitable turn around or rehabilitation.
Inflationary environments increase the costs of doing business

Jun 9, 2023 | cliffedekkerhofmeyr.com | Tobie Jordaan

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