Consider the appointment of a “shadow board” of younger executives with appropriate terms of reference to govern its structure, purpose, mandate and role. It may rejuvenate your company’s business (as it has done for others) by leveraging the acumen of young minds.
In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...