BUSA represents South African business on macro-economic and high-level issues that affect it at the national and international levels. Our function is to ensure that business plays a constructive role in the country’s economic growth, development and transformation and to create an environment in ... More Details »
With wide-ranging changes taking place in South Africa, as well as internationally, business people will find it more difficult to operate in isolation and ensure survival. The chamber movement represented by the South African Chamber of Business (SACOB) and its almost 100 constituent chambers is a ... More Details »
A termination provision of a reinsurance treaty. It provides that by returning premium and loss portfolios to the ceding company the reinsurer shall have no further liability for loss, either as a result of occurrences taking place after the date of termination, or in respect of outstanding losses notified prior to the date of termination.