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In sectional title schemes and bodies corporate, trustees occupy a critical role. They have to balance their fiduciary duties with the potential personal risks inherent in their position. These risks include financial risks.
READ MOREThe 2019 Cricket World Cup Final between England and New Zealand was marked by an umpiring controversy that left a lasting impact on the cricketing world.[1]
READ MOREThis year, the team at STS once again had the incredible opportunity to visit Care for Wild, the world’s largest rhino orphanage located in the heart of South Africa.
READ MOREAs South Africa bids farewell to load shedding, there’s a new term emerging in the public discourse: water shedding. While it may seem like a distant concern for many, the reality is that water shortages are becoming a significant challenge for the country.
READ MOREIn the world of sectional title ownership, levies are a critical financial mechanism that ensures the proper functioning and maintenance of shared spaces and facilities.
READ MOREIn the realm of sectional title schemes in South Africa, accurate levy billing is crucial for maintaining financial transparency and fostering trust among owners. Levy statements, which outline the contributions required from each owner to support the scheme's financial health, can sometimes lead to disputes if they are inaccurate.
READ MOREIn Swahili, “Asante” means “thank you”, a common and heartfelt way to express gratitude in Swahili-speaking regions. It is appropriate in various contexts, from daily interactions to formal occasions. However, on 20 September 2024, it is unlikely that the Body Corporate of Asante used this expression of gratitude.
READ MOREIn recent years, South Africans have grown accustomed to load shedding, but with significant improvements in the country’s energy supply, many are now wondering whether their investment in solar energy and battery backup solutions is still worth it.
READ MORE“I wonder which way I ought to go!” - Alice in Wonderland. Unlike Alice’s approach for a body corporate, its trustees, unit owners, and managing agents, managing a sectional title scheme making this type of crucial decision, requires careful financial planning.
READ MORE"Good fences make good neighbours." This famous line from Robert Frost's 1914 poem “Mending Walls” highlights the idea that clear boundaries help maintain harmony between people. However, as urban living evolves and people reside in increasingly close quarters, the metaphorical fences of Frost’s time seem to dissolve, exposing residents to new challenges. One of these challenges is dealing with domestic violence within sectional title schemes.
READ MOREOn 22 September 2024, World Rhino Day, the STS team once again laced up their running shoes and hit the trails for our annual Rhino Run—an event dedicated to raising funds to protect Rhinos and conserve their habitats.
READ MOREEven though there have been less frequent power outages, the cost of electricity continues to escalate by double-digit percentages!
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