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May 2016

Non-Submission of Annual Financial Statements and Late Submission in Contravention of Companies Act

The implementation of the Companies Act, Act 71 of 2008 as amended since 1 May 2011, included the requirement for all companies (including external companies) and close corporations to file either their audited or reviewed financial statements. Owing to the CIPC system limitations, CIPC could not accommodate the uploading of documentation and subsequently waived filing of financial statements for all entities, except Public and State-owned companies until 31 March 2013.

Combined Assurance – What Is It?

The term “Combined Assurance” has been very popular over the last few years, and we have fielded many queries as to what exactly this concept entails.  Much like Risk Management, the removal of the capital letters somewhat demystifies the notion. 

VIPA - Changing the Face of Global Agriculture

VIPA Holdings is on a mission to save the agricultural industry, one field at a time. This fully independent manufacturer and distributor of sustainable agricultural products embraces a humanitarian ethos and is committed to improving the foundation of food - our soils - and ensuring the longevity of our planet.After more than a decade of proven success in the agricultural sector, VIPA Holdings is a force to be reckoned with in the SADC region and the rest of the world. A principal trading company, VIPA is owner-managed by CEO David Smillie, who has entrenched his passion for sustainability, quality and service excellence in his reliable team. VIPA’S head office is based at Durban’s Point district, near its state-of-the-art manufacturing and coating facility, both situated close to the harbour for shipping and transport convenience.