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KING IV™ – A Synopsis of Principle 4: Pertaining to Strategy, Performance and Reporting

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 4 of the King IV Report on Corporate Governance for South Africa™ prescribes that the governing board should appreciate that an organisation’s core purpose, its risks and opportunities, strategy, business model, performance and sustainable development are all inseparable elements of the value creation process. King [...]

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Trust Basics — 9 key questions answered

Cerize Roets — Head of Legal Services, Kilgetty Statutory Services The administration of a trust is governed by the provisions of the Trust Property Control Act, 1988 (Act 57 of 1988). There are two types of trusts; inter vivos and testamentary trust. An inter-vivos trust is created between living persons and a testamentary trust derives from the [...]

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What role does a Company Secretary play in your business?

Once you read a little more on what a Company Secretary really does and the role they can play in ensuring that your entity is in compliance with all the statutory regulations as laid out in the Companies Act, you will fully realise the intrinsic value of having a consultancy such as Kilgetty on your [...]

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SME’s require the services of a company secretary for Board meetings as much as large corporations do!

A company secretary is not just essential and relevant in large entities or organisations, it is also very important to any small to medium business to have access to the services of a professional, well qualified company secretary in order to avoid the risks associated with any compliance issues they may not have been attended [...]

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Need professional assistance with corporate restructuring and the drafting of contracts?

In a highly competitive, fast-paced business landscape driven by technology, every business, from small start-ups to large corporations, is looking for more efficient, cost effective solutions that will streamline the processes of growing their business in order to keep the edge on their corner of the marketplace. Keeping this in mind, besides offering the highest [...]

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Have you considered the benefits of outsourcing your company secretarial services?

Not every business is in the position to carry the costs of a permanent company secretary, who would normally take sole responsibility for managing and maintaining good corporate governance, which is when having Kilgetty Statutory Services on your side take over these company secretarial services on a flexible basis, is going to save you time [...]

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Provide meaningful protection for board members with Kilgetty at the administrative helm.

Board and Shareholder meetings play an essential role in good corporate governance, and, as the only record of what has taken place in any of these meetings, the need for good quality minutes cannot be stressed enough! Board members are provided with meaningful protection against certain liabilities, minutes that are not properly prepared or that [...]

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Not sure of your current statutory & CIPC records status – contact Kilgetty about their FIT program!

If you are uncertain about whether your entity is compliant with all that is necessary to meet all statutory obligations and all the nuts and bolts of maintaining good corporate governance, Kilgetty Statutory Services will provide you with company secretarial services that will cover all bases with the latest industry solutions. Kilgetty presents what is [...]

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Verbal versus written agreements

Cerize Roets — Head of Legal Services, Kilgetty Statutory Services In principal, verbal and written agreements are generally legally binding. However, where disputes do arise, the primary reason may be attributed to the content of the verbal or written agreement. Naturally it goes without saying that, when verbal and written agreements are in dispute, a written agreement [...]

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King IV™ — A synopsis of principle 3 of King IV™: corporate citizenship

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 3 of the King IV™ Report on Corporate Governance for South Africa™ prescribes that the governing board should ensure that an organisation be a responsible corporate citizen. Fostering responsible corporate citizenship King IV™ prescribes several recommended practices in order to foster responsible corporate citizenship — [...]

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