Monthly Archives: May 2017

Why invest directly offshore?

Many South Africans are justifiably concerned that their retirement capital will be insufficient to meet their post-retirement needs. This concern is exacerbated by the recent downgrade to junk status, which has detrimental long-term investment consequences. But there is a bright … Continue reading

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Aggrieved Minority Shareholders – You Have Plenty of Options

The Companies Act gives directors substantial leeway to run a company and gives them considerable powers to do this. So how does it protect minority shareholders who disagree with how the directors operate the business? What remedies are available to … Continue reading

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How Many Days A Year Do You Work For The Taxman?

In the last few years in particular we have been aware of tax increases. The Free Market Foundation measures how many days in a tax year it takes to pay our taxes (taking total taxes over total earnings – obviously … Continue reading

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SMMEs and BBBEE Firms – Government Wants To Do Business With You

The government spends over R500 billion annually on goods and services. Promises have been made for several years that government would promote small and medium-sized businesses (SMEs). Government has also promised to help emerging Black business through its Broad Based … Continue reading

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Frightening Fraud Statistics – Protect Your Business Now!

A global organisation which focuses on internal (i.e. management, owners and staff) fraud, recently released some sobering findings. Understanding them is your first step in protecting your business from serious loss. In Sub-Saharan Africa Over 60% of frauds were committed … Continue reading

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Junk Status Is Now a Reality – How Will It Affect Us?

Events have moved swiftly – on 31 March the Minister of Finance and the Deputy Minister were axed. Ratings agencies Fitch and S&P downgraded South African debt to junk status the next week. Why the muted response? In December last … Continue reading

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