Entries by ADMIN

Lean Times Ahead: 6 Steps to Help You through Them

When you read that nearly 75% of the middle class experience financial difficulty and a similar percentage are in debt, it is time to worry. Add to this the economic difficulties the country is going to experience flowing from the ratings downgrades and it will not be just the poor who will suffer but many […]

You Need Independent Directors, not Herd Mentality

The Companies Act tasks directors to apprise themselves of company activities and make up their own minds as to how decisions should be taken. Strong governance structures should also exist in companies. This spirit of independence and good governance should infuse leadership so that the best interests of the company are safeguarded. Yet when we […]

Directors’ Meeting Minutes: Why Are They So Important?

The Companies Act (the Act) gives directors the power to run and manage the company’s business. In return it places responsibilities and personal liabilities on directors who do not fulfil their fiduciary duties. What is required of directors’ meeting minutes?  Meetings of directors are to be kept and must contain at least: All resolutions passed […]

Life Made Easier (and Safer) For Non-eFilers

When SARS have requested documentation from taxpayers who do not use eFiling, the taxpayers have had to take these documents into a SARS Branch. Now SARS have launched on online form that taxpayers can complete and upload with the documentation requested by SARS. The online form can take ten documents which need to be 5MB […]

Technology, COVID-19 and How the World Will Change

In a recent seminar, the President of Microsoft, Brad Smith, gave his thoughts on what is unfolding in business due to COVID-19, plus how he saw the post-pandemic world. Fasten your seatbelts! Ransomware and hacking rose to high levels in 2019 and there is no sign this is abating. For example, private patient data is […]

How Different Will Our Landscape Be Post-Coronavirus?

Pandemics kill more people than wars – the introduction of the Black Death plague led to 14th Century Europe losing 40% of its population within two years. What will our world look like when normal life begins to return? Predicting the future can never be an exact science, but the consensus seems to be that […]

Tips for Managing your Staff Working from Home

In this brave new world of COVID-19, many people are working from home. Even after there is a cure for the virus, this trend will likely continue. Researchers at Harvard University have come up with some good ways to ensure you get maximum productivity and loyalty from your employees working remotely. Key points Both managers […]