Armed Reaction, Legal Conundrums and the Exclusion of New Entrants
There is a serious and obvious flaw in the legislation around fire arm registration for security service providers, with contradicting laws leading to suspect practices from the authorities. This article offers a legal insight into the conundrum posed for the security sector when it comes to legislation around fire arms.
Antibribery Regulations – What businesses and Individuals should know
This article outlines how bribery and corruption can affect organisations according to the law, and how organisations can implement measures to protect their reputation and conduct against these acts.
Corporate Governance at a Glance
Corporate Governance is the system of rules, practices, and processes by which a Corporate Entity is directed and controlled and defines both the way, as well as the purpose for which a Corporate Entity is governed. It also identifies the roles and responsibilities as well as the accountability of persons within a corporate hierarchy. It is highly recommended that corporate entities install governance systems from the very formation of their business.
Ownership structures for new businesses – which one is right for you?
The very first choice in your exciting and sometimes nerve-wracking journey to establish a new business would be to decide which Corporate Vehicle, or business type, you will use in bringing your business idea to fruition.
Gifts, Benefits and Entertainment Policies
Taking an associate or business partner to lunch, a hunting trip or even a rugby match, has been a long-standing tradition amongst businesspersons in South Africa, even more so for new business owners irrespective of their choosen Corporate Structure.
Introducing Corporate Governance Structures
The governing body will from time to time appoint certain committees to assist them in their functions and may even be required by law to form certain committees so as to promote good corporate governance.
Public Interest Score
Companies used to be classified as either widely held or limited interest companies. With the introduction of the New Companies Act, a new classification system was introduced.
Shareholders Agreements – a brief legal overview
A shareholder agreement commonly refers to a document that regulates the operation of a company, the roles and responsibilities of shareholders, directors and prescribed officers.
Social and Ethics Committees
Ethics can be defined as a framework of personal rules, utilised to direct and manage our future actions in such a fashion that it complies with our moral standards, irrespective of any legal obligations.
The Memorandum of Incorporation – a guide for new businesses
All Corporate Structures are governed by different legislation and documents. Business Trusts are governed by Trust Deeds whilst Private Companies are governed by its Memorandum of Incorporation and the Companies Act.
