Tourism

Home/Tag: Tourism

Cecil Kilpin | May 2020 Newsletter

By |2020-12-03T06:49:20+02:00May 30th, 2020|Business, Finance + Economics, Goverment, Newsletter, Tax|

DIRECTOR’S ROLE AMIDST THE COVID 19 PANDEMIC The director’s role has without a doubt become more onerous amidst the Covid-19 pandemic. However, the Companies Act makes provision for operating in a virtual world, which includes, inter alia: A signature or an initial on a document may be made by or on behalf of a person by the use of an electronic signature or an advanced electronic signature. Proxy forms, annual financial statements, prospectuses and annual reports may be lawfully created, signed, retained and sent electronically Meetings of shareholders and directors respectively may be conducted entirely by electronic communication The definition of “present at a meeting” includes a “virtual presence” or representation by electronic proxy   Directors and officers are required to be cognisant of corporate legislation pertaining to their office, and [...]

Comments Off on Cecil Kilpin | May 2020 Newsletter

Cecil Kilpin | November 2019 Newsletter

By |2019-11-22T16:42:52+02:00Nov 1st, 2019|Business, Finance + Economics, Goverment, Newsletter, Tax|

Medium Term Budget Policy Statement 2019 The 2019 MTBPS has been resented by Minister Tito Mboweni. His opening statement was a reference to the Aloe Ferox plant he brought to Parliament when presenting the February 2019 budget. “This little aloe is emerging from a long winter. During that winter, the ground became hard. The leaves fell from the trees and the air was bitterly cold. We toiled, hoping for better days. Our people became poorer. Some lost their jobs.” The above statement sums up his presentation. The key points are as follows: Economic growth is projected at 0.5 per cent for 2019, as long‐term growth estimates have fallen. As a result, revenue projections have been sharply reduced. Spending pressures continue to mount, led by the [...]

Comments Off on Cecil Kilpin | November 2019 Newsletter

Cecil Kilpin | October 2018 Newsletter

By |2018-10-19T09:58:32+02:00Oct 12th, 2018|Accounting, Business, Finance + Economics, Goverment, Newsletter, Tax|

Medium Term Budget Policy Statement (MTBPS) Nhlanhla Nene is the first victim of the “State Capture Enquiry”. Just twoweeks before presenting a critical MTBPS, he resigned after a massive public backlash regarding his initial non-disclosure regarding his meetings with the infamous Gupta family. His replacement, Tito Mboweni, has been well received by the markets and public in general. It would appear that his appointment will be positive for South Africa’s economic recovery , and we look forward to his budget speech presentation on the 24th October . While it appears a short time for him to pre-pare, Treasury has a contingent of experts who have prepared the necessary budgets in line with government policy. Minister Mboweni should slot in with ease! Fast facts on Tito [...]

Comments Off on Cecil Kilpin | October 2018 Newsletter
Go to Top