Compliance legislation and, more poignantly, Black Empowerment legislation takes some of us back to 1983. The English rock band “the Police” wrote a song called “Every Breath You Take”. A line from the lyrics read: “Every breath you take, every move you make, I’ll be watching you”. Some resonate with this song, and others don’t.
But those who take undue chances know that non-compliance will rob you of…
Wisdom shouts: “Above all else, guard your heart, for everything you do flows from it.” And so it is with compliance legislation. In the old days, tick box exercises were legal. But no longer can a business hide behind a tick box. The rule is: “Substance takes precedence over legal form”. Even uncle or auntie Google knows what “substance” means, so don’t be the last to read of yourself in the newspaper…
We’ve said it before – the consultant’s job is to turn the cost of your compliance project into business profit.
Your BEE consultant should be your friend. If your friend, the consultant, has your best interest at heart, the following questions should be remarks or rhetorical questions…
If you have been in business for a while, you know that most projects fail in the funding phase. There are various reasons for flawed funding applications, the most frequent being a lack of expertise and the prominence of plain old scamsters.
But, some funders prove their value by repeated successes. Some funders earn their wages first and then take commission…
In our experience, businesses only train people for the benefit of the business. Stating the obvious, business only act on their urge to train people, to increase their productivity but in most cases South African businesses train people because they need BEE score card points. In the end, all businesses cry ‘uncle’ for…
Can a business have an impartial accountant, attorney, advisor on the payroll? Well yes, but the business may have a hard time explaining that the service provider they pay, does not regard his payment in his service at all – especially the Company accountant. For that reason, we can help.
We have one of the most cost…
Someone once said “If you can keep your head when all about you are losing theirs, it’s quite possible that you have not grasped the situation”. This is true of any relationship to a Trust and especially any relationship to a Black Empowerment (BEE) Trusts.
But this much you know: Founders…
How may times have I heard this conversation: “But Sir, have you heard about this month’s new Cyber Security-, POPI-, and FICA legislation? And the typical response is: “Why can’t they just leave me to do business? I am not an attorney and I don’t have an MBA”. But the truth is that every business owner needs to know EVERYTHING there is to know about local legislation. It does not seem to matter that the state…
Compliance to the Personal Information Act (POPIA) is possible and it can be done in a way that makes immediate business sense. You already know that POPIA is all about protecting other people’s personal information.
In short, if Companies process personal information, the Company is obliged to obtain detailed written consent …
The South African Government aims to promote equality of outcomes in the South African workplace with the Employment Equity Act 55 of 1998. As with all legislation, those who are compelled to invest in the proposed outcomes, find the concept ignominious. The government of the day finds the…
Workplace Skills Plans and Training reports assist government to track their socio-political program to train individuals in the Country. Large Enterprises are compelled to partake in this national training initiative, but small to medium enterprises often don’t see the benefit. However, it may be that the tax allowances and SETA kickbacks presents opportunities otherwise not accessible…
Good Corporate Governance secures revenue and confusion is a thief. So, individuals don’t study MBA’s without reason – everyone knows that if you don’t master your business administration, your business is next in the statistical line of corporate casualties.
Moreover, the captain of the corporate…
GK Chesterton wrote: “Faith means believing the unbelievable. Hope means hoping when everything seems hopeless” and we are here to bolster your faith and point you to the hope that remains. Chesterton lived a century ago, but let his words resonate for those who need money to fund their projects…
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