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Can directors of state-owned companies be held to account by the SA public?

South African President Ramaphosa admitted in his state of the nation address that state-owned enterprises “are experiencing severe financial operation and governance challenges”. He continued...

by Nastascha Harduth

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,...

by Brian Kahn Inc Attorneys

Proactive attorney wins 2017 Best Article Award

Johannesburg attorney, Emile Myburgh’s article on ‘Holding delinquent directors personally liable’ has won him the 2017 LexisNexis Prize for Legal Practitioners for the best article by a practising attorney published in De Rebus. His winning article, which …

Provided By LexisNexis

VAT and employees’ tax in regards to non-executive directors

The question in regards the requirement to deduct employees’ tax from the remuneration paid to non-executive directors (NED), or whether the NED would be required to be registered for VAT, has been a longstanding debate. Often companies applied the more cautious…

Provided By Eversheds Sutherland

by Ettiene Retief

VAT rather than PAYE for non-executive directors

In the 2016 budget review, Finance Minister, Pravin Gordhan stated that clarity was required on whether the fees received by a non-executive director (“NED”) should...

by Ayanda Masina

How to remove directors during a deadlock

The board of directors of a company are responsible for managing the business and affairs of the company. However, disputes between directors and/or shareholders can...

by VDMA Attorneys

Top ten risks for creditors of companies going into business rescue in 2017

Continued pressure on business and world economies appears to continue into 2017. In South Africa, 2016 has seen several companies going out of business and...

by Eric Levenstein

Review of the National Code Of Corporate Governance for Mauritius – What you need to know

First published in October 2003, the National Code of Corporate Governance for Mauritius (“the Code”) was revised in 2016 to align it with new laws...

by Xavier Koenig

Time to amend the Business Rescue Act?

Business rescue was introduced into our law in May 2011. But is it time for an overhaul? The business rescue legislation has been in place for...

by Eric Levenstein

Spotlight on boards and shareholder activism

Corporate activism places public pressure on boards to improve both financial and non-financial performance of companies. Non-financial performance would include corporate governance, ethics, executive remuneration...

by Nastascha van Vuuren and Eric Levenstein

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