by Wilma Botha | Oct 16, 2024 | Business Coaching, Business Management, Business Recovery, Business Turnaround
In the context of corporate governance, the ‘bandwagon effect’ can lead to significant failings when leaders and board members follow popular or prevailing trends without critically assessing their appropriateness or relevance to their specific company’s needs. 1....
by Wilma Botha | Sep 25, 2024 | Business Coaching, Business Management, Business Recovery, Business Turnaround
Capital expenditures (CapEx) in the stainless steel industry can be substantial due to the capital-intensive nature of the production processes and the need for advanced technology and infrastructure. The main areas of capital expenditures include: 1. raw...
by Wilma Botha | Sep 23, 2024 | Business Coaching, Business Management, Business Recovery, Business Turnaround
In South Africa’s manufacturing sector, investor confidence is crucial for driving growth, ensuring sustainability, and unlocking the full potential of the industry. Attracting and maintaining investor interest requires companies to go beyond showing strong financial...
by Wilma Botha | Sep 20, 2024 | Accounting, Business Coaching, Business Management
In South Africa, trusts are subject to specific tax rules that differ from other entities. Here’s how a trust is taxed: 1. income tax (trusts) • Trusts are taxed at a flat rate of 45% on income retained within the trust. • However, if income is distributed to...
by Wilma Botha | Sep 18, 2024 | Accounting, Business Coaching, Coaching
This is the first of a three part series on tax starting with Estate Duty, which will be followed by Trust taxes and lastly, Company tax. Please note that Fourstrings is by no means a tax specialist and we urge you to get professional financial advice – this article...
by Wilma Botha | Sep 11, 2024 | Business Coaching, Business Continuity, Business Management, Business Recovery, Business Turnaround
regulatory compliance in the mining sector The challenge lies in navigating the regulatory landscape efficiently. Non-compliance can lead to costly penalties, reputational damage, and in extreme cases, suspension of mining activities. Companies must invest in proper...