Tag Archives: Company

WHAT IS EMPLOYEE ENGAGEMENT?

What makes one company or firm more successful than another? Better products, services, strategies, technologies or, perhaps, a better cost structure? Certainly, all of these contribute to superior performance, but all of them can be copied over time. The one … Continue reading

Posted in Employer | Tagged , , | Comments Off on WHAT IS EMPLOYEE ENGAGEMENT?

REMOVING DIRECTORS OF A COMPANY

The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which has the authority to exercise all of the powers and perform any of the … Continue reading

Posted in Business | Tagged , , | Comments Off on REMOVING DIRECTORS OF A COMPANY

FINANCIAL ASSISTANCE TO DIRECTORS

A company lending money to its directors may not be as simple a process as it may initially appear to be – not even in the case of so-called “one-man” companies. There is various requirements in the Companies Act, 71 … Continue reading

Posted in Business | Tagged , | Comments Off on FINANCIAL ASSISTANCE TO DIRECTORS

DIRECTORS’ DUTIES

Most individuals involved in the business sector consider it an honour to be appointed a director of the company with which they are involved. And so they should. Prospective company directors need, however, to be aware of the awesome duties … Continue reading

Posted in Business | Tagged , , | Comments Off on DIRECTORS’ DUTIES

THE COMPANIES ACT’S SOLVENCY AND LIQUIDITY TEST

The solvency and liquidity test in section 4 of the Companies Act, 71 of 2008, presents arguably one of the most important requirements of that Act. Without a company satisfying this test, the company cannot declare dividends, cannot provide loans and … Continue reading

Posted in Business | Tagged , , | Comments Off on THE COMPANIES ACT’S SOLVENCY AND LIQUIDITY TEST