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The Free Market Foundation (FMF) has launched a constitutional challenge to section 32 of the Labour Relations Act 1995 in the Pretoria High Court in 2013. The section governs relations between bargaining councils (BCs), the minister and employers, and compels the minister to extend agreements struck by those at the bargaining table to those not present and not party to the negotiations… (more)

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A survey of banks and specialised small and medium enterprise (SME) lenders has shown that financial statements prepared by chartered accountants are seen as more trustworthy when assessing credit applications. Businesses in need of financing would do well to consult a chartered accountant for advice and input. The South African Institute of Chartered Accountants (SAICA) has found, in a survey of five major banks and three specialist SME lenders, that there are a number of areas in which lenders trust the input of chartered accountants (CAs) above other financial professionals… (more)

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