Monthly Archives: January 2015

Investors: Be careful when buying into a business with an assessed loss

The economic difficulties seen over the past couple of years will certainly have led to many businesses incurring losses. This creates an opportunity for investors to acquire either the whole or part of the equity of a business at a … Continue reading

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Debtor financing: A great way to finance your SME in 2015

Many small and medium sized businesses (SMEs) experience ongoing cash flow difficulties which are a major obstacle to growth. Without adequate funding, it is impossible to build a platform to competitively supply the market and become a sustainable enterprise. What … Continue reading

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Shareholder resolutions: Be careful of the round robin!

Shareholders ultimately carry the most power in a company. Decisions are carried out via shareholders’ resolutions and it is important that these resolutions are correctly done. The Companies Act (“the Act”) specifically addresses the issue of resolutions. It also allows … Continue reading

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SARS: Latest tax stats looking good

Generally, we are looking good in international terms: South Africa’s total tax rate is 29% versus a global tax rate of 41%. South African companies average 7 tax payments per year versus a global average of 26 payments (the rest … Continue reading

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