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.
GUEST - Charles Stuart, PwC Africa Entertainment & Media Leader Africa’s entertainment and media sector is on a growth trajectory that’s outpacing global averages...
Guest – Tanya Tosen, Tax and Remuneration Specialist at Tax Consulting SA. In a tightening economy, the South African Revenue Service (SARS) is under...
Guest – Ryan Pellatt, Operations Executive at Fournews [Owners of News Café, Soul Souvlaki and MOYO] What’s driving restaurant industry success in South Africa?...
