Latest News

TLA offers CIMA training

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Tenk Loubser & Associates (Cape Town) Inc now offers training for candidates who wish to qualify for the CIMA Advanced Diploma in Management Accounting (NQF 6).

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BEE and tourism

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The long-awaited Tourism Sector Code on black economic empowerment has been effective since 22 May 2009.

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Tax incentives for green initiatives

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South Africa’s greenhouse gas emissions rank among the top 20 in the world and contribute 1,8% to global emissions.

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Reserve Bank news

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A summary of recent circulars issued by the South African Reserve Bank regarding Exchange Control Relaxations.

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Depreciation allowances

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In an interpretation note of November 2009, SARS provided a schedule of depreciation write-off periods applicable to all types of machinery and equipment.

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National budget 2010

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In his recent budget speech, the Minister of Finance proposed no material changes. The budget does, however, plot the course back to fiscal sustainability without sacrificing important government programmes and derailing the economic recovery.

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Should my company be audited?

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A document entitled Draft Regulations to the Companies Act of 2008 was issued in December last year and contained guidelines on whether a company should be audited or not.

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‘Trading As’ soon something of the past

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With the implementation of the Consumer Protection Act (Act 68 of 2008) in April 2010, businesses will have to trade under their registered names.

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News on investing in the hospitality industry

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As part of a new strategic alliance between Exceed, Pam Golding Hospitality and other prominent service providers, a newsletter with interesting information on investing in the hospitality industry is published bimonthly.

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Directors’ duties and liabilities

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Recent publicity regarding the removal of the chief executive officers of Escom, Armscor and Athletics South Africa (ASA) once again placed the duties and liabilities of company directors in the spotlight.

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