Month: September 2009

Companies operating in the U.K. are set to face multiple Company Act amendments that include greater powers for the registrar and stricter legislation in reporting of any changes to company Articles but also allow more privacy to company…

An inefficient economy, semi-Soviet social sphere, fragile democracy, negative demographic trends, and unstable Caucasus represent very big problems, even for a country such as Russia.  But all is not lost, nor is it all negative.  This article is…

The impact of the Companies Act (South Africa) and “King III Report” on corporate governance reform, will serve to strengthen and clarify the roles and responsibilities of directors in South Africa.  This will have the effect of attracting…

Legislation introduced four years ago, obligated South African mining companies to sell 15% of their assets to black investors by 2009 and 26 percent by 2014. The law aims to compensate for discrimination suffered during apartheid, which ended…

In a positive move towards economic liberalization, the UAE has declared its intention to scraps the minimum capital requirement of Dh150,000 to start a business (i.e. approximately USD$41,000.00 or CDN$44,000.00).  The UAE is further committed to revising and…

This Detroit News editorial focus on the generally unacknowledged, and perhaps unintended, consequence of government intervention, extending as far as putting domestic production at a competitive disadvantage.  Current government economic rescue initiatives may not constitute “central planning” with…

The much lauded and at times controversial Black Economic Empowerment (“BEE”) program in South Africa is moving from the embryonic legislative phase to the more matured and evolving stage of observance and enforcement.  Here is a fascinating article…