Business tips for surviving difficult times

How To Survive Tough Times Clients are often asking us how they can navigate these tough times. Our advice would be to PLAN, PLAN, PLAN to include the following business critical areas in your strategic planning: 80:20 Rule: As you review these areas always bear in mind the 80:20 rule of thumb. Generally, 80% of […]

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The definitions of micro, small, and medium businesses have just been radically overhauled

Original article here. BUSINESS INSIDER | BUSINESSThe definitions of micro, small, and medium businesses have just been radically overhauled – here’s howPhillip de Wet, Business Insider SAMar 15, 2019, 01:00 PM The legal definition of micro, small, and medium-sized businesses has just been substantially updated for the first time in more than 15 years. “Very small enterprises” […]

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Guideline for Corporate Compliance for Social and Ethics Committees

CIPC issued the guidelines on 19 November 2018 for Social and Ethics Committees that are required for certain entities. Guideline for Corporate Compliance CIPC has provided guidelines on compliance requirements for social and ethics committees.

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Voluntary audits and disclosure of director’s remuneration

It is clear from the CIPC notices of June and October 2018, that there is no longer a distinction allowed between statutory and voluntary audited AFS disclosure of director’s remuneration. Both engagements require separate disclosure of directors and prescribed officer’s remuneration in the AFS. Click on the links below for further information:

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Attorneys’ Trust Accounts changes

We draw your attention to the following notices from the Legal Practitioners Fidelity Fund (LPFF) relating to: The implementation of the remaining chapters of the Legal Practice Act No. 28 of 2014 (the Legal Practice Act). These chapters were implemented on 1 November 2018 and they affect all legal practitioners. The new process for the […]

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Employment Equity reminder

The Department of Labour’s online portal opened on 1 September 2018 and will be open until 15th January 2019. This submission must outline how your business intends to implement Employment Equity (EE) in the workforce, in line with set targets. Who needs to submit EE reports? All employers who qualify as Designated Employers need to submit […]

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Numsa Welcomes Concourt Ruling on Labour Brokers

PRETORIA – The Commission for Conciliation, Mediation and Arbitration (CCMA) has welcomed the Constitutional Court ruling which confirmed its interpretation of the Labour Relations Act and ensures a sole employment relationship for workers employed for more than three months. In the past, the worker held a dual employment relationship with the brokerage and the company where he’d […]

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SAICA responds to EFF comments on trillion donation

Johannesburg, 08 March 2018 – The Chairman and Acting CEO of the South African Institute of Chartered Accountants (SAICA) take this opportunity to make it clear to the South African public that SAICA and its entities have never been party to any form of state capture or been consciously involved with those accused of any such […]

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Fitch Ratings affirms South Africa’s ratings, keeps outlook stable

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Charles Back of Fairview has been awarded Western Cape farmer of the year 2017

We at MD are immensely proud to be associated with Mr Back, whose impressive winning profile was advertised in last week’s ‘Die Burger’, dated Friday 27 October 2017.

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