The Department of Trade Industry plans to go live with a new business portal by October 2019

Original post – BusinessTech   Government is launching a major new website for South African businesses – here’s what to expect Staff Writer 21 August 2019   The Department of Trade Industry plans to go live with a new business portal by October 2019. Responding during a recent parliamentary Q&A session, minister of Trade and […]

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What is a Power of Attorney?

Article shared courtesy of: Elke Herbst of Bisset Boehmke McBlain “A Power of Attorney is a notice that gives a third party the permission to act on your behalf and/or make decisions for you. It can be restricted to specific matters (“special power of attorney”) or without restrictions for all matters (“general power of attorney”), […]

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Sweeping changes in the domestic sector in South Africa: inclusion of domestic workers under COIDA

EMPLOYMENT | 02 JUL 2019 BY PRENCESS MOHLAHLO AND NALEDI RASEOTE Article shared courtesy of: ENSight When the tide of democracy and constitutionalism swept through labour legislation in South Africa from the early ‘90s onwards, domestic workers, for the first time, gained access to important labour rights. However, they remained excluded from two important statutes, the Unemployment Insurance Act, […]

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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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