How do you wind up and liquidate a company that is factually solvent? By Norman M Mzizi The law of insolvency is regulated mainly by the Insolvency Act 24 of 1936, which remains the main source of South African insolvency law.1 The Insolvency Act defines an insolvent as a debtor whose estate is under sequestration…
“The difference between successful people and very successful people is that very successful people say ‘no’ to almost everything.” Warren Buffett I recently read about American business magnate Warren Buffett and his incredible ability to manage his time dealing with things that matter most. Buffett is acknowledged to be the most successful investor of the…
“For best results, keep your emotions in check …” At some point you are going to be asked to speak in praise. This might take the form of a speech at a wedding, birthday, farewell, retirement party, or Christmas party. Owing to its perception of simplicity, most people don’t prepare in advance for this type…
Graham Terry discusses a new era in corporate governance and management It always amazes me that humankind can believe in an accepted “truth” for long periods of time without really challenging the foundation on which it is built. There are many examples in history, but for purposes of illustration I mention one: the belief that…
VW Golf R and Opel Astra OPC in Battle of the Hot Hatches, Chevrolet Sonic RS and the Subaru WRX Written and compiled by Azim Omar CA(SA), a member of The South African Guild of Motoring Journalists The battle of the VW hot hatch vs the Opel hot hatch has been around since both companies…
Wealth creation is not only about investing for the highest possible growth; it includes designing a plan that will take you on a comfortable, risk-appropriate investment journey and help you to achieve your lifestyle goals. By Monique Verduyn American stock investor Peter Lynch said it best: “Know what you own, and know why you own…
“Stage time is an invaluable opportunity to influence other people and to implement change.” When it comes to speaking in public there are many myths that hold people back from speaking. In this article, let us debunk some of those common public speaking myths. Myth 1 – Canned speeches are good A canned speech is…
“What motivates the best of teams to come together and perform at crunch time?” Any non-football supporter could be forgiven for thinking the FIFA World Cup in July was all about the money. The news covered how three African teams threatened various strike actions unless they were paid their cash bonuses up front; that the…
South Africa’s top 40 companies listed on the JSE have made good progress in their corporate reporting initiatives. Yet, despite progress being made, companies still have the potential to develop their reporting further. PwC’s “Value creation: the journey continues” survey involved an analysis of the integrated reports of the top 40 companies listed on the…
Firms that are sustainability-minded have an evolutionary edge over those that aren’t, writes Dennis Marketos It’s hard to conceive of a million years, let alone a billion. That’s why it is so difficult for us humans, who live for less than a hundred years, to imagine the slow advance of adaptational improvement that has given…