Companies need to take note of the CIPC MEDIA RELEASE 2 of 2018 – 31 May 2018. The CIPC issued a media release (Media release 2 of 2018) on 31 May 2018 relating to the High Court issuing court orders in favour of the CIPC to impose administrative fines on entities that ignored compliance notices for […]
CIPC MEDIA RELEASE 2 OF 2018 Read More »
“Now is the winter of our discontent” (Shakespeare) The first thing to rise would be interest rates. If you have a mortgage bond or have financed a car, your monthly payments will rise. As a rough example, a bond of R500,000 would cost R837 more a month if interest rates increased by 2.5%. The next
Junk status I – How will it affect me? Read More »
Since “Nenegate”, the country has been fixated on avoiding being reduced to junk status by ratings agencies. Three agencies control 95% of the market and with Moody’s we are two notches above junk but with Fitch and with Standard and Poor’s, South Africa is just one notch above junk status. Being downgraded to junk will
Junk status II – Avoiding it is more than getting economics right Read More »
The King reports over the last two decades have become locally and globally synonymous with good governance. To date the King Codes have had limited impact on small and medium enterprises (SMEs). It is important to note that the King Codes are voluntary. In terms of the latest King IV Report (it has been released
Your SME: King IV corporate governance code may apply to you Read More »
Employers need to be particularly on their guard for cases in which a workplace dismissal is automatically unfair. Our courts take a particularly dim view of discrimination cases falling into this category. Age discrimination is one such instance, and an employer faced with such a claim can defend it only by proving (the onus is
Baby Boomers: At What Age Must You Retire? Read More »
