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February 2010
Deneys Reitz comments

In comparison with the King II Code, King III is far-reaching in its proposed application. While King II applied to affected companies such as all listed companies, financial institutions and public sector enterprises...

February 2010
A test of your nerve

In this, part two of our two part report on drinking and driving we take a brief look at the Breathalyser and some of the science behind it.

Blood Alcohol Concentration (BAC)

The legal system relies...

February 2010
Online service could catch on

Household cost reduction is probably right up there with the traditional hardy annual, weight reduction, as one of the most fervent New Year resolutions that South Africans will have made for 2010.
...

February 2010
Easing the ride

Reflecting back on 2009 we can see that the different asset classes returned widely varying returns over the period. Over time it is natural that different assets will perform well or poorly at different times as they...

February 2010
New opportunities

The end of last year marked the conclusion of the first decade in the 21st Century. Investors experienced almost every kind of emotion during the decade, from the heights of the Global TMT (Technology Media and...

February 2010
Policy cocktail poison?

Measured by economic and financial criteria, the global economic meltdown of the past two years was unprecedented. Commodity prices collapsed; international trade fell 10% between 2007 and 2009; and the world economy...

February 2010
All in the know

Owners of sectional title units who wish to extend the boundaries or floor area of their property should bear in mind that, aside from having building plans approved by the local authority, they will need to comply...

February 2010
Firing on all Canon

Well, we have finally done it. After years of gnashing of teeth and endless frustration we have finally got rid of the last Lexmark printer. The final straw came when another two toner units ran out with barley 1 000...

February 2010
Cannot be ignored

Insurers doing business in South Africa will now have to acquaint themselves with the workings and ramifications of the Consumer Protection Act, 2008 which comes into effect in October 2010.

The Act,...

February 2010
Evident trend

The role of the insurance intermediary has shifted dramatically from a transactional broker to a professional risk consultant.

According to Guy Scott, CEO of Aon Risk Services, this trend is evident...

February 2010
Just how responsible are you?

Many CEOs are not aware of the extensive responsibilities they have to their employees in terms of The Occupational Health and Safety Act, and they would be well advised to take the necessary steps to protect...

February 2010
To fear, or not to fear...?

It has been suggested that provisions of the new Companies Act may trigger flight from boardrooms because careless behaviour could have catastrophic implications not only for the company, as seen in the collapse of...

February 2010
Gauging the risk

Directors and aspiring directors may have been discouraged by the many articles on the new Companies Act, 2008, because they suggest that directorships have more obstacles than a steeplechase. But what they really...

February 2010
Adapt or die

The challenging economic landscape in which companies are currently operating is forcing them to reinvent their current business practices. Businesses must be flexible enough to customise their products to suite their...

February 2010
A little history

In the early part of 1992 the ‘Cadbury Commission’ was set up in the UK to consider the issue of corporate governance, and had issued its first report in December of that year. Its brief was to look at:

o...

February 2010
What’s the verdict?

The corporate world now sits awkwardly between legislators and consumers pressing for more ‘sustainable business practices’. On the one had they want issues of climate change and rising pollution urgently and...

February 2010
Foreign and IDX boost

Year-on-year, the Johannesburg Stock Exchange says the number of equity trades is up by 19.9% to 17th December 2009. Says Leanne Parsons, Head of Equities Trading at the JSE, “The year’s volume growth has been due...

February 2010
More paperwork

This year will see South African financial service providers up their game as the Financial Advisory and Intermediary Services Act’s Fit and Proper Determination takes effect. Issued in October 2008 the determination...

February 2010
Avoiding conflicts of interest

The recently published Generally Accepted Compliance Practice Framework (GACPF) stresses that in order for the compliance function to be effective it must be independent of other business activities, so it can...

February 2010
Actual advance

South African actuaries will no longer have to turn to the United Kingdom (UK) for their actuarial qualification as from next year. The Actuarial Society of South Africa late November last year launched the country’s...

February 2010
Information boost?

The Department of Basic Education (DoBE) recently launched the Teacher Laptop Initiative aimed at assisting every teacher to own and use a laptop. The initiative will provide the more than 350 000 teachers throughout...

February 2010
Forget the thugs, worry about the bugs

Global epidemics like bird flu and swine flu, along with an increase in the incidence and spread of a host of other conditions, have forced insurers to take a more inclusive view of risk and liability – especially as...