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We all know that our economy needs a major boost. Business Confidence is down again, and last year’s mood of optimism is rapidly fading. The silver lining is that if we can just turn those trends around and start on a path of increasing economic activity, both jobs and a rise in GDP will follow. Everyone will benefit.
But what can we actually do to get the economy moving again?
We discuss three interesting “quick win” ideas that could help. Hopefully government will take heed (and act accordingly), whilst entrepreneurs looking for “the next big thing” should also take note.
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As a director you have both the power and the duty to manage your organisation in its best interests.
What happens though if you need to consider the possibility of retrenching staff for operational requirements? How does that tie in with the very extensive rights afforded to your employees by our labour legislation?
A recent Labour Appeal Court judgment addressed the question of whether, when entering into the necessary consultations with staff and/or unions, you are entitled to have first formed a prima facie view on the matter. Is that necessarily fatal to your obligation to take part in a “joint consensus-seeking process”?
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Solar power is often touted as a key factor in reducing the environmental damage we are inflicting on our environment.
South Africans will also be looking for ways to reduce the very serious impact of loadshedding, which regrettably seems likely to continue plaguing both our business and personal lives for some time to come.
The good news is the tax relief available to businesses on the costs of solar energy plants. We summarise a recent SARS binding ruling which sets out what deductions will be allowable, and when.
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