News

What Will a Biden Presidency Mean for Africa?

Probably the most memorable thing outgoing US President Trump had to say about Africa was his brash comparison of the continent to a toilet. Like many things he said, it was uninformed and unfiltered. True to his campaign promises, Trump has been inward focussed and has played to his grass-roots support. His “America First” stance has been the one thing about which he has been totally consistent.

N Nolands Team

Nolands 10th Conference – On time and online.

The Nolands annual conference this year, the tenth, was earmarked for Friday the 14th of August and this was the date it took place, only in a very different format from the previous nine.

N Nolands Team

Mandatory Compliance Checklist

The Companies and Intellectual Property Commission (CIPC) is tasked with ensuring, monitoring and enforcing compliance with the Companies Act. In pursuance of this function, the Commission issued Notice 52 of 2019 dated 13 August 2018, which came into effect from 1 January 2020. The Notice announced that a new mandatory Compliance Checklist would be required to be completed and submitted by all categories of companies (but not a Close Corporation or “CC”). The Checklist had to be submitted to the Commission before the relevant company’s Annual Return could be submitted.

N Nolands Team

Technology And Our New Normal – The Use Of APPS

The COVID-19 pandemic has accelerated digital disruption and led to significant, long-term market uncertainty. While this pandemic has forced many businesses to reduce or suspend operations, affecting their bottom line, it has helped to accelerate the development of several emerging technologies. This is especially true for innovations that reduce human-to-human contact, automate processes, and increase productivity amid social distancing.

N Nolands Team

Filing Season 2020 – SARS Will Be Calling Taxpayers

With the intention of making it easier to comply with tax obligations, SARS is embarking on an outbound call campaign to assist taxpayers to file their tax returns virtually, either by a telephone or video call.

N Nolands Team

CIPC Releases A Directors Quick Reference Guide

CIPC has released a quick reference guide designed to highlight specifically, although not exclusively, critical issues of the Companies Act No. 71 of 2008 that a director should be aware of. The central message of this guide, which is divided into 10 basic markers, is that a director of a company when acting in that capacity:

N Nolands Team

Business for South Africa (B4SA) – A plan to Kick-start Growth Inclusive Economic Growth

When Covid-19 arrived in the country at the beginning of March 2020, it was evident from the experience of other countries that this would have significant health, economic and social ramifications for South Africa. Government, fully supported by business and other societal stakeholders, took swift action and the resulting lock-down provided time to prepare the health care system for patient volumes which it was ill-equipped to handle, and to slow the spread of the virus.

P Profmark Team

IMF Executive Board Approves US$4.3 Billion Loan

The IMF Executive Board has approved South Africa’s request for emergency financial support under the Rapid Financing Instrument (RFI) for an amount of US$4.3 billion to help the country mitigate the adverse social and economic impact of the Covid-19 pandemic.

N Nolands Team

Director's Role Amidst The Covid-19 Pandemic

The director’s role has without a doubt become more onerous amidst the Covid-19 pandemic. However, the Companies Act makes provision for operating in a virtual world, which includes, inter alia:

N Nolands Team

Covid -19 – Level 3 Workplace Regulations

All persons who are able to work from home must do so. However, persons will be permitted to travel to and from work and for work purposes under Alert Level 3, subject to-

N Nolands Team

South Africa in the 2020s – an extract from a recent article by Clem Sunter

Just over 32 years ago in 1987, Clem Sunter published a book entitled The World and South Africa in the 1990s . For South Africa, he played the ‘High Road’ scenario where proper negotiations between the real leaders of the major parties would produce a political settlement that allowed the country to return to the world stage. However, he made it clear that in the long run a thriving economy in which everyone participated was a precondition for the country to become a winning nation.

N Nolands Team