Policy, Law, Economics and Politics - Deepening Democracy through Access to Information
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14 March 2010
Polity Focus
 
 
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12 Jan 2010
 
 
Release of draft Regulations under the new Companies Act 2008
WEBBER WENTZEL
The long awaited draft Companies Regulations 2010 (the "Regulations") accompanying the new Companies Act 2008 (the "2008 Act") were published in Government Gazette No. 32832 dated 22 December 2009....
 
 
25 Nov 2009
 
The new Companies Act of 2008 – what about close corporations?
DENEYS REITZ
One of the effects of the new Companies Act of 2008 is the phasing out of close corporations. No new close corporations may be formed once that Act comes into operation during 2010. Existing close...
 
 
11 Nov 2009
 
Business rescue and employees' rights
WEBBER WENTZEL
The Companies Act, 2008 ("Act") extends certain protection to employees in business rescue circumstances. Business rescue refers to any proceedings which facilitate the rehabilitation of a company...
 
 
06 Nov 2009
 
Directors’ duties and responsibilities outlined
New Companies Act
An aspect of the new Companies Act (No 71 of 2008) is that it records the common law duties and responsibilities of directors, which provides clarity in the performance of the obligations, says...
 
 
Institute puts forward auditing and reviewing recommendations
NEW COMPANIES ACT
The South African Institute of Chartered Accountants (Saica) has made a number of suggestions and recommendations to the Department of Trade and Industry (DTI) concerning the auditing and reviewing...
 
 
 
 
New Act enhances companies’ flexibility to regulate own affairs
New Companies Act
A significant feature of the new Companies Act (No 71 of 2008) (the Act) is the concept of flexibility and the allowance, to a large extent, for companies to regulate its own affairs in accordance...
 
 
21 Oct 2009
 
 
 
A corporate revolution in South Africa – The Companies Act No 71 of 2008
WERKSMANS
The long-awaited new Companies Act No 71 of 2008 was promulgated in April 2009 and is expected to become effective around July 2010. The Act re-writes South African company law completely, and...
 
 
13 Oct 2009
 
Act seeks equitable disclosure of information on share offers under the microscope
WEBBER WENTZEL
In the previous two columns we considered the conceptual frameworks applicable to the public offer of securities. In the first column, we looked at the conceptual framework typically applicable to...
 
 
 
Polity Focus
 
 
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