Junk Status Is Not The End – It Can Get A Lot Worse!
16 January 2020
It is now widely expected that sometime in the next year or so Moody’s will downgrade South Africa’s debt to junk status. Many see this as the beginning of the process to rehabilitate ourselves. True, initially we will go through a difficult period as ±R150 billion of our debt will...
The CIPC to Intensify Compliance Enforcement from January
01 January 2020
The Companies and Intellectual Property Commission (CIPC) has announced new requirements for companies and close corporations when completing their Annual Returns. From 1 January 2020 it will be mandatory to complete a compliance questionnaire when submitting the Annual Return. The rationale for the questionnaire The CIPC will use this questionnaire...