Anuva Investments, one of South Africa’s first Section 12J Venture Capital Companies has announced its maiden results for the February 2016 financial year. The VCC has reported earnings of [...]
“An audit, or independent review, engagement no longer needs to just be an annual grudge purchase” says Wendy Simmons, Audit Manager at Hobbs Sinclair Incorporated, a Cape Town-based accounting [...]
“Venture capital embraces tax breaks” – A recent article written by Stephen Timm of BDlive which includes commentary by a director of Hobbs Sinclair, Mr. Neill Michael Hobbs.
Any risk-averse investors will be keenly interested in venture capital as an addition to their investment portfolios. The low-yielding BOND market, fully priced property market and volatile stock [...]
It comes as no surprise that the hospitality industry has suffered from the great World Cup hangover, resulting in a few casualties in the restaurant and hotel arena. One such hotel has been [...]
Neill Hobbs, an Accountant at Hobbs Sinclair, has seen the effects of the new Companies Act from the perspective of a business rescue practitioner -and they’ve convinced him that the [...]
Approximately 1000 companies go into liquidation per month, but only 45 seeking business rescue, which says to me that new legislation is being overlooked! Business rescue has suffered criticism, [...]
45 out of 1000+ companies going into liquidation per month seek business rescue indicates new legislation is being overlooked. In South Africa business rescue initiatives have worked particularly [...]