Estate planning: Preparing for the digital afterlife
The emergence of digital ghosts on social media Social media platforms have become integral to our daily lives, but what happens to these digital profiles when a user passes away? Research by Carl J. Öhman, a doctoral candidate at the Oxford Internet Institute, sheds light on this evolving issue. Öhman’s study, titled “Are the Dead […]
My business is in financial distress – what are my options?
South Africa’s triple threat of load-shedding and the dramatic increases in fuel along with inflation have left many of the country’s small and medium enterprises in dire straits at a defining crossroads: do they continue trading and hope that things will improve, whilst risking incurring further debts, or do they cut their losses and give […]
Does liquidation automatically lead to terminating the business’s lease?
A landlord who has multiple commercial properties, which are rented out to businesses, has one longstanding tenant who is going under financially and has two years left on the rental agreement. Is the law cut and dry, allowing the landlord to terminate the tenant’s lease if the business becomes insolvent? In general, rental agreements will […]
The importance of good corporate governance
There was a time when a business’s sole objective was to turn a profit at the end of the day. That’s not the case anymore. Today, a business’s responsibility to its employees and the community is as important as its annual turnover. That responsibility begins with corporate governance. From technological developments, climate change, societal demands […]