If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
Citigroup, the Royal Bank of Scotland Group and JPMorgan Chase & Co. are among five banks named in a class action lawsuit in Australia seeking damages for colluding on foreign-exchange trading strategies.
In February, the court determined that Richard Spoor Attorneys could go ahead with its class action application representing more than 1000 people affected by the listeriosis outbreak that claimed over 200 lives.
There are some 1,000 claimants in the class action lawsuit triggered by Listeria traced back to Tiger Brands' Enterprise polony factory. If they are all successful in those claims, best-guess estimates suggest they will be paid between R100 million and R2 billion.
Over 100 000 Steinhoff shareholders have registered with the International Steinhoff Litigation group.
Shareholders of global retailer Steinhoff are invited to register to join a "class action suit" being brought by Dutch law firm BarentsKrans in Amsterdam.
BHP Billiton has said it will fight a class action served in Victoria, Australia, over the 2015 Samarco dam disaster in Brazil.
Claimants relieved they will soon be able to get compensation after years of fighting mining companies.
A class action suit has been launched against Tiger Brands and Enterprise Foods at the Johannesburg High Court over listeriosis.
Steinhoff is now facing at least two class-action style lawsuits in Europe, as aggrieved investors try and recoup losses from its share price plunge.
It is unclear how exactly multinational mining giant Anglo American came to the $101m “best estimate” it announced this week for settling its liability in the now 13-year-old legal battle to compensate mine workers suffering from lung diseases.
Tiger Brands said first-half profit fell as Africa’s biggest publicly traded packaged-food company battles to overcome weak economic growth and the aftermath of a deadly outbreak of listeriosis.
De Beer Attorneys announced last month that it would initiate a class action against Eskom on behalf of businesses that have suffered losses due to load shedding.
Tiger Brands chief corporate affairs officer Mary Jane Morifi said the company would support the class action notice process to ensure that anyone with a legitimate claim can be informed of the class action.
Attorneys from the International Steinhoff Litigation Group have said a global settlement would be in the interests of all shareholders, rather than actions seeking individual claims in different jurisdictions.
Transnet has confirmed that some pensioners are getting as little as R140 per month and say they are "working with" the pensioners to address the problem.
Mining company Sibanye-Stillwater has said it will 'vigorously defend itself' after two US law firms announced they filed class action lawsuits to recover shareholder losses.
Lawyers say it would be difficult to quantify the exact number of possible claimants to be covered in the R5bn silicosis settlement, and that the majority of them are living in poverty.
Three firms can’t wait to get their claws into class actions that could pay out millions of rands, writes Justin Brown.
Beleaguered Stellenbosch-headquartered retail giant Steinhoff is now facing a German investor lawsuit, after losing more than 85% of its market capitalisation in two weeks.
Petroleum service giant Halliburton has reached a $54m settlement in a class action lawsuit related to asbestos liability disclosures.
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