How’s that debtors’ book reading?
The ramifications of COVID-19 on any part of the business environment can cause your customers to suffer cash-flow problems, delay or default on payments, shut down their businesses or file for bankruptcy. Now, more so than ever, it is imperative for credit controllers and financial directors to keep a close eye on the ball and to manage their debtors’ books carefully and appropriately.
The removal of directors from a company
I think you’ll find it’s more complicated than you think In this day and age, and more so given the amendments to employment contracts during a time of crisis, removing directors from a company is not as simple or straightforward as you may think. The days...
Is Restraint of Trade enforceable if you are retrenched?
South Africa’s third-quarter unemployment statistics were released earlier this month, reported at a whopping 30.8% and thus falling within the top twenty highest in the world. Data published by Statistics South Africa shows that 2.2 million jobs in the second quarter...
Considering selling your business? I think you’ll find it’s more complicated than you think
Selling your business might be an outcome you cannot avoid due to the current financial climate, you may make a choice to pass on the business that you have created to someone else so that you can retire or move on to the next big thing. Whatever the...
Where there’s a will there’s a way (forward)
Why it’s vitally important for you to have a valid will No-one wants to think about leaving this world but, at some stage, you will, and it would be remiss of you not to have your estate in order to pave the way for a simple, uncomplicated process and to ensure that...
COVid Casualties – the importance of a solid Agreement of Sale
Deeds office delays are commonplace in 2020 and the demand is not expected to ease as the property market begins to revive. The registrar continues to battle to expedite the transfer of property ownership due to the backlog created as a result of the impact of...
Can POPIA finally clean up the estate agent, property buyer relationship?
Can POPIA finally clean up the estate agent, property buyer relationship? During lockdown online buying has become the way to do and view things, from homes to clothing, food and gym equipment but before you press send on that online form, your right to the protection...
Can your employer monitor and track your productivity remotely?
The work culture in South Africa has seen a big shift in the way it operates following the many months of lockdown imposed by Government in its attempts to curb the spread of Covid. Working from home has proved to be an essential enabler of business...
Urgent, Urgent, Emergency – what makes a court application urgent?
South African courts are under a huge amount of stress as Covid-19 has ramped up a profuse amount of new applications, all the while suffering many a logistical setback in administering these proceedings. Many businesses are hanging on by a shoestring, up to their...
It’s time to work together, apart
Negotiating work-from-home employment contracts. The past few months have seen many changes in how we live, work and interact. The corporate space in particular has been hit the hardest with regards to operations, logistics, human resources and remote work...