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The South African government proposes substituting the Companies Act, 1973 (the "existing act") with the Companies Act, 2008 (the "new act") later this year.
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...
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...
South Africa fell two places in the latest Doing Business report, published by the International Finance Corporation (IFC) and currently ranked at 34 out of 183 countries.
It has been suggested that provisions of the new Companies Act may trigger flight from boardrooms because careless behaviour could have catastrophic implications not only for the company, as seen...
KEYNOTE ADDRESS BY MANDISI MPAHLWA MINISTER OF TRADE AND INDUSTRY
AT SAICA BANQUET: REFORM OF SOUTH AFRICAN COMPANY LAW AND ITS
IMPLICATIONS FOR THE ACCOUNTING PROFESSION, East London