How many South African companies are unknowingly trading under insolvent circumstances and what does that mean for directors, accountants, and auditors? We unpack the CIPC’s latest compliance data that reveals alarmingly high levels of non-compliance with the solvency and liquidity test under the Companies Act.
Joey Mathekga, Senior Manager for Corporate Compliance and Disclosure Regulation at the Companies and Intellectual Property Commission (CIPC), explains what the solvency and liquidity test actually entails, why so many businesses are falling short, and the real consequences from compliance notices to personal liability for directors.
Even when employees are fairly paid, financial stress can quietly undermine productivity, engagement, and morale. In this conversation Craig Raath, Group Director of Business...
In this edition of Inside Your Business, Nkosinathi Mahlangu from Momentum Group unpacks the tough transition from school to the world of work. We...
As South Africa’s entrepreneurs push forward in a tough economic climate, the ability to trade faster, smarter and more affordably has never been more...