Recent Amendments to the Companies Act Now in Effect: Key Implications for Businesses

Certain provisions of the long-anticipated Companies Amendment Act, 16 of 2024 and the entire Companies Second Amendment Act, 17 of 2024 (the “Acts”) have now come into force, introducing significant changes aimed at improving corporate governance, transparency, and efficiency in business operations. These amendments to the Companies Act, 71 of 2008, effective as of 27 […]