There is a tendency for people to demand the signing of confidentiality or confidentiality agreements (NSAs). An NDA is useful: Home > General > Ten things to know about confidentiality agreements In South Africa, there is currently no general data protection legislation and therefore information disclosed confidentially is not necessarily protected by law. The Personal Data Protection Act (POPI), currently being drafted by the South African Legal Commission, is such a general law, but it is not yet in force. See our article “Data protection: will the wait stop soon?”. However, some laws (e.g. the National Credit Act) protect “confidential information”. In addition, confidentiality clauses contained in confidentiality agreements are the only way to protect economically confidential information. At a high level, we must decide if we want: we must put an end to the somewhat cavalier approach to monitoring and executing commitments! Alternatively, you can customize your free NDA with “SuperNDA” target=”_blank”>Iptica SuperNDA For inventors who want to hire an engineer or designer to evaluate and/or develop their product, we have developed a new privacy and informal order letter. NDAs are regularly closed.

This can be related to a potential transaction, sought-after advice or potential partnerships. The common basis is that the information that the parties wish to protect is shared and that it is necessary to ensure that the information is properly protected. If you decide to follow the path of an NDA, probably the most important question for me is how to proceed in practice.