5 things you need to do after the cipc hack
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Five Things You Need to do After the CIPC Hack

On the 1st of March 2024, South Africa’s official regulatory body for registering companies, co-operatives, and intellectual property rights (including trademarks, patents, designs and copyrights), the CIPC, put a notice on its website about a hacking incident on Thursday, the 29th of February 2024. Since then, additional information has come to light, which indicates this may be worse than the agency believes. Here are the five things you need to do after the CIPC hack.
budget 2024
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Budget 2024: The Minister of Finance Wants to Hear from You!

Finance Minister Enoch Godongwana has invited the public to share suggestions on the 2024 Budget he is expected to deliver on Wednesday 21 February 2024.
Four Day Work Week
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Why the Four-Day Working Week Just Might Happen

Back when the industrial revolution first started Sunday was the only day off, given over to worship and contemplation. It wasn’t until 1908 that companies first began enacting a five-day work week, and only the great depression made it the standard. Now decades later we are finally contemplating turning another workday into an even longer weekend, in fact it has been trialled in a number of places around the world. The results have been an unexpected phenomenon. Here is why the four-day work week is getting closer to reality.
directors
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Directors: Prepare and Submit Your Company’s Beneficial Ownership Register

Directors are now obliged to implement a detailed Beneficial Ownership Register for their companies and submit the register to CIPC. Such a register must also be maintained, with beneficial ownership changes recorded timeously and the validity of the information confirmed on an annual basis.
eskom
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How to Prepare for a Possible Electricity Blackout

While the chances are low, many economists and politicians are even advising business leaders to prepare for the worst and make sure they are prepared for potential countrywide blackouts lasting weeks. Here are our tips for preparing your business to face days without electricity.
ai
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How to Use AI to Improve Your Small Business

AI has been evolving at light speed and awareness of its various iterations has come on just as fast. But is Artificial Intelligence really all it’s cracked up to be and can it actually help businesses streamline operations and lower costs as promised?
trust duties

New Trustee Duties: More Admin, Impossible Deadlines and Hefty Penalties

All trustees of all trusts now have new levels of administrative duties, with some of the impossible deadlines having already passed, exposing all trustees to harsh penalties including fines of up to R10 million or imprisonment for up to 5 years, or both.
2023 tax tables
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Budget 2023: Your Tax Tables and Tax Calculator

The big Budget Speech 2023 tax news was the introduction of tax incentives for investing in rooftop solar and renewable energy. The Budget also detailed tax relief in the form of adjusted tables for tax and rebates for individual taxpayers, adjusted tables for retirement tax and transfer duty, and the expected increases in ‘sin’ taxes. How will these changes affect you directly?
march 2023 budget
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Budget 2023: How It Affects You and Your Business

Budget 2023 focussed firmly on the energy State of Disaster. The most prominent announcement was that government would take over R254 billion of Eskom’s debt, while two tax relief measures totalling R9 billion were introduced to assist individuals and businesses to invest in solar and renewable alternatives.
2023 minimum wage
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Effective 1 March 2023: New Earnings Threshold and National Minimum Wage

Employers and their employees should take note of the increases from 1 March 2023 in both the National Minimum Wage (NMW) and the “Earnings Threshold” provided for in the Basic Conditions of Employment Act (BCEA). The threshold also impacts on employee protections in the Labour Relations Act (LRA) and in the Employment Equity Act (EEA).