By Barrie Terblanche NOT since the introduction of the labour laws in the late nineties have South Africa’s business owners faced such a fundamental change in the environment in which they have to make their businesses grow. 2011 sees the introduction of two epoch-making pieces of legislation: the Consumer Protection Act (CPA) and the new [...]
Tag Archives | new companies act
Companies Act points system useful but complicated
Initial complications are to be expected as companies and close corporations (CCs) try to work out how to calculate public interest scores (PIS) in the New Companies Act and interpret the regulations. That’s the view of Ian Scott, joint managing partner of the Grant Thornton Cape office. “The new Companies Act, which came [...]
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Business judgement rule offers better protection to Directors
The Institute of Directors in Southern Africa (IoDSA) has welcomed the introduction of the business judgment rule into South African company law, which seeks to protect directors from liability to the company and shareholders as a result of poor decision-making. “What this means is that when the business judgment rule applies, it is taken [...]
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Directors and officers run for cover from Companies Act
The introduction of the revised Companies Act has sparked off a sharp increase in the appetite among listed and private companies for Directors’ & Officers’ Liability Insurance covers. “D&O” has always been a consideration on the corporate scene but the introduction of the revised Companies Act and the advent of the King III code of [...]
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Moving Companies Act deadline disconcerting
The announcement at the eleventh hour yesterday that the implementation date for the new Companies Act has been put on hold for “a few days” is disconcerting and frustrating. “The poor project management of the entire process will most certainly affect South Africa’s reputation in the international financial sectors,” says [...]
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Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
