The Department of Trade and Industry has proposed various changes to the Act to align with modern international corporate trends and to address the problematic areas by closing some loopholes in the Act. Many of these changes are technical in nature, however, the following proposed amendments are some of the more substantial amendments that the Bill proposes.
Kindly note that our services will be disrupted due to the office moving all files from old service provider to the new service provider. The office is not sure of the time it will take before services are restored to normal. We apologies for inconvenience and are trying to resolve this problem urgently.
In recent decades, executives have been struggling with very similar challenges in various forms and have yet to find generalised solutions for them. As a business peaks, it will in all probability increase the demand to coordinate activities, exchange information, and engage in decision-making activities- such as meetings.
On 26 November 2015 the office of the Minister of Justice and Correctional Services issued a notice confirming that the Minister has "decided to further exempt private bodies from compiling the Manual contemplated in section 51(1) of Public Access to Information Act (“PAIA”) for a period of five years with effect from 1 January 2016."
Dear Non Profit Company,
Kindly note that as a non-profit company (NPC) you have a duty to comply with section 33 of the Companies Act, 2008 and Companies Regulation 30.
It could be worse: how Corporate governance creates a better economic environment
By Larey van der Westhuizen, Managing Director: Statucor
Corporate governance can sometimes feel like a major burden for companies, but the reality is that the corporate landscape would be incredibly unproductive and risky without it.