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The Impact of Insolvency on Employees in South Africa

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Fortunately, South African employees have certain rights and protections under the law when their employer becomes insolvent. Additionally, the Companies Act and the Insolvency Act provide for the appointment of a liquidator to oversee the winding up of the company's affairs and to ensure that employees are treated fairly.

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Posted by Cor van Deventer on Thursday, March 23, 2023 Views: 55