With the passing of one of our great business icons this week and the continuing clamour for corporate accountability, I thought that I should focus on the CEO’s role in Leadership. Raymond Akerman cast a […]
Currently, income arising in a South African trust that is distributed to a beneficiary within the same tax year is treated as the income of the beneficiary, irrespective of their tax residence. Effectively, the trust […]
Many financially distressed companies face the following situation: they know a significant need for innovation exists within their business. However, they are so caught up in the survival game (living day by day/week by week/month […]
The original article can be found here. Shoprite’s capital expenditure could be as much as R8.5 billion in its 2024 financial year, a quarter higher than in 2023, as it invests in store and supply […]
It is sometimes challenging to be optimistic about South Africa’s chances of economic recovery, especially when we know our history as an African economic powerhouse and the country’s potential to achieve double-digit growth. Let’s look […]
Companies globally are going through one of the most challenging economic crises since the 2008 Global Financial Crisis. Unfortunately, this is opening the door for increased liquidation and instances of financial distress. Reports from Australia […]
The judgment in the case of Welman v Marcelle Props 193 CC and Another emanates from the South Gauteng High Court, Johannesburg, presided over by Judge Tsoka. This case delves into the intricacies of business […]
Mismanagement is one of the most common root causes of financial distress. If not addressed appropriately, this can cause some of the biggest companies in a market, which have a long history of dominance and […]
Errant company directors who fail to comply with their obligations set out in the Companies Act, 2008 (Companies Act), face the prospect of being declared “delinquent” under certain circumstances. As a director, the possibility of […]
The original article can be found here. Article Highlights:
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