SHADOW DIRECTORS VERSUS PRESCRIBED OFFICERS
Background: The Companies Act No. 71 of 2008 (“Companies Act”) defines a director as either a member of the board of a company, as contemplated in section 66 of the Act, or an alternate director of a company and includes any person occupying the position of a director...
NEW OFFICE ANNOUNCEMENT: VDMA IS OPENING A NEW OFFICE IN STELLENBOSCH
VDMA is excited to announce that it will be opening a new office in Stellenbosch during the course of September 2022. Stellenbosch has increasingly become the top destination for specialist service providers and decision makers in business. It is therefore the...
LOOP STRUCTURES EXPLAINED
Until recently, South African investors contemplating foreign investments were required to take note of the South African exchange control regulations in order to avoid a potential pitfall, namely creating a loop structure. Loop structures come into existence when a...