The amendments to directors’ remuneration rules as set out in the recently published Companies Amendment Bill have captured the attention of various industry experts, sounding alarms due to their potential to disincentivise competent individuals to take board positions, which in turn may hinder South African companies’ competitiveness on the global stage.
Managing Director and corporate and commercial law expert at Malan Scholes Attorneys, Nicola Malan, spoke to 702 to address the complexities of these proposed amendments to the Companies Act.
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