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 year when Mr. Nene was replaced as Finance Minister, it appeared we had fallen off […]
Junk Status Is Now a Reality – How Will It Affect Us? Read More »
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 by people with a degree (in view of the large number of fake degrees consider
Frightening Fraud Statistics – Protect Your Business Now! Read More »
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 you? A shareholder may seek court relief when there is “an unconscionable abuse” of the
Aggrieved Minority Shareholders: You Have Plenty of Options Read More »
