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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AGRO-PROCESSING PROGRAMME

The DTI has just launched the “Agro-Processing Support Scheme” that encompasses quite a broad range of Qualifying Activities: Description of Qualifying Processes/Projects New and existing agro-processing/beneficiation projects. This can also involve a wide range of processing or beneficiation activities of post-harvest, that result in value addition and/or enhanced storage life, such as cleaning, sorting, grading, waxing, controlled ripening, […]

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Protect your business from Cyber-attacks

On Friday 12th May, WannaCry a strain of Ransomware, hit thousands of computers worldwide. It is far more dangerous than other common ransomware because it is able to spread itself across an organisation’s network due to a vulnerability in Windows computers. How have you protected your business against these types of attacks that are becoming […]

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