We’re proud to announce a strategic collaboration between Y-Labour, South Africa’s trusted name in labour law and industrial relations, and Martiq, your partner in innovative short-term insurance and business risk solutions.
As part of this exciting partnership, we are launching our new quarterly newsletter – Compliance Compass.
Each edition of Compliance Compass will bring you timely, practical insights across:
- Labour Law & Employment Compliance (from the team at Y-Labour)
- Risk Management & Short-Term Insurance Trends (from the Martiq experts)
- Regulatory Updates & Strategic Advice tailored to your business environment
Our mission is simple: to help you stay compliant, reduce risk, and remain competitive in a complex regulatory landscape.
EMPLOYMENT EQUITY: MANDATORY TARGETS
Are you prepared for the new Employment Equity landscape?
Final Employment Equity Targets, Regulations & Administration Requirements Published
The Department has set clear boundaries to effectively monitor progress made by designated employers in achieving equitable representation of designated persons across all occupational levels.
These new targets change South Africa’s transformation journey, with all designated employers now facing mandatory targets that must be achieved by 2030, barring justifiable reasons.
For assistance contact Y-Labour(Pty)Ltd
Y-Labour(Pty)LTD are experts in the development and implementation of Employment Equity Plans submission of required reports and compliance.
We compile and submit all Employment Equity Reports on your behalf in the required format to the
Department of Labour.
CLAIM DENIED: DELAY IN REPORTING THEFT
Are you aware of your policy’s reporting requirements?
A logistics company’s claim for a stolen trailer was rejected due to a 12-day delay in notifying the insurer. Despite promptly informing the police and tracking company, the insurer argued that the delay hindered their investigator’s ability to recover the trailer. The Ombudsman for Short-Term Insurance (OSTI) upheld the insurer’s decision, emphasizing that immediate reporting
is crucial, as the insurer’s investigator could have conducted a more extensive search, potentially increasing the chances of recovery.
For assistance, contact Martiq Broking Solutions
We specialize in short term insurance and provides expert guidance on claims procedures to prevent potential claim rejections.
We review, structure, and manage your insurance portfolio—ensuring complete cover, compliance, and peace of mind across all your assets and risks.
