Taxpayers were listening very closely as Tito Mboweni delivered his annual budget speech. Taxpayers can however breathe a sigh of relief as no increases in tax rates will be incurred despite a year of national lockdown and the roll out of the vaccine.
The South African Reserve Bank’s decision to keep the repo rate unchanged at a record low of 3.5% and prime lending rate at 7% eases pressure on the ailing economy and debt burden for businesses and consumers. This will help to support SMEs who continue to struggle financially due to the persistent impact of COVID-19, while trying to recover as quickly as possible.
An interview with Parmi Natesan, CEO, The Institute of Directors in Southern Africa (IoDSA), and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the importance of corporate governance, accountability, skills and independence for directors, so that they can fulfil their duties, in the light of the recent testimony by Dudu Myeni and Yakhe Kwinana at the Zondo Commission.
An interview with Darren Olivier, Partner Adams & Adams, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the legal implications of remote working with respect to an organisation's intellectual property.
An interview with Stephen Katzenellenbogen, Senior Executive, Private Wealth Manager, NFB Private Wealth Management, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing an article penned by Andrew Duvenage, Managing Director, NFB Private Wealth Management, apropos the ANC’s Economic Transformation Committee proposal outlining changes to Regulation 28 of the Pension Funds Act.
An interview with Safiyya Patel, Partner, Webber Wentzel, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s latest report on empowerment trends in 2019.
Various Discovery companies took Liberty Group Limited to court over Liberty’s use of Discovery’s VITALITY and DISCOVERY registered trademarks in relation to the Liberty Lifestyle Protection Plan.
An interview with Jonty Leon, Legal Manager, Financial Emigration, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Draft Tax Law Amendment Bill (TLAB) which contains a hidden announcement, which may prove to be the final straw for many ex-South Africans who still have retirement investments left in South Africa.
An interview with Lauren Salt, Executive, Employment, ENSafrica, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the most recent changes to the Unemployment Insurance Fund (UIF) Temporary Employer/Employee Relief Scheme (TERS), also referred to as UIF TERS - specifically the new directive 2.3.1, the implications for employers claiming benefits and the future of the COVID-19 relief scheme.