Looking at the Companies Act in specific section 76 where directors and prescribed officer's fiduciary duties towards the companies and its stakeholders are codified.
Explaining the real obligations and liabilities for directors in line with the Companies Act.
Looking at myths about Close Corporations (CCs) as certain business owners still maintain an outdated view that CCs are the most favourable legal entity for operating a small business in South Africa.
Understanding tacit terms when it comes to the interpretation of agreements which can result in a lengthy litigation process. Everyone should be vigilant when it comes to agreements to ensure that a comprehensive agreement is concluded to mitigate future conflicts relating to tacit terms.
Looking at directors and fiduciary duties and what directors should do in order to avoid situations of liability for breach and dereliction in line with the Companies Act.
Understanding the ethical importance and necessity of whistleblowing by ensuring that employers and employees fully grasp the relevant procedures and policies governing whistleblowing.
Looking at the Constitution of South Africa in specific Information Compliance and why a company's information strategies should support its business objectives and comply with relevant legislation.
Explaining the real impact of transparency and accountability in the South African corporate sector in accordance to the Companies Act.
Explaining the individual legal structures for businesses and their different consequences in terms of personal liability, taxes, admins costs etc.
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YES programme participation can assist qualifying businesses to enhance their overall B-BBEE status with up to 2 levels.