Oct 6, 2020 | Bruce Hunt, Capital News
Measures that have curbed COVID-19 have had a significant negative impact on businesses valuations. This has often resulted in impairment write-downs, restructuring/retrenchment costs and delayed or cancelled orders, decreasing enterprise values. A decreasing value...
Oct 3, 2018 | BEE Legislation News, Bruce Hunt, Mining Industry, Mkhaphi Nkosi
The Mining Charter was gazetted on 27 September 2018 by Mineral Resources Minister, Gwede Mantashe. We are hoping this brings a level of certainty to the mining industry, and that it places mines in a position to start investing. This should give a much-needed boost...
Sep 5, 2018 | Advisory News, Bruce Hunt, Shaun Smit
Often EE Committees are not sufficiently active during the year. The compilation of EE submissions to the Department of Labour (DoL) then becomes a task to which someone in Human Resources is assigned, and which is “signed-off” by the EE committee. This scenario is...
Sep 1, 2016 | Bruce Hunt, Capital News
In terms of the amended BEE Codes of Good Practice released in 2013, black ownership is a priority element. Companies that do not implement at least 10% black ownership will be penalised a BEE level. Find out more about this and how it affects your business. In terms...
Sep 1, 2015 | Bruce Hunt, Capital News, Latest News
THE government’s stated intention to create 100 black industrialists over the next three years is part of the “radical transformation” that will take broad-based black economic empowerment to the next level. This comes at a time when there has been...