What are the fiduciary duties of directors?

Reading Time: 4 minutes Reading Time: 4 minutes In terms of the common law, the fiduciary duties of directors require that a director acts in good faith and in the best interests of the company. This includes: without limitation avoiding conflicts of interest, not...

Removing directors of a company

Reading Time: 2 minutes Reading Time: 2 minutes The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which has the authority to exercise all of the powers and perform any of the...

Minutes of board meetings

Reading Time: 2 minutes Reading Time: 2 minutes Board meetings and the decisions made during these meetings may be determining for the effective functioning of a company. Clients are therefore reminded of the legal requirements relating to board meetings as stipulated...

Cost management: 7 tips for cutting business expenses

Reading Time: 2 minutes Reading Time: 2 minutes It is important for every business owner to make a maximum profit, both through sales and by maintaining strict financial discipline within the company. Implement sound practices from the start, and you will reap the...
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