Pretoria – President Jacob Zuma has signed the Companies Amendment Act of 2010 into law and it will come into effect on 1 May 2011.

The Companies Regulations and all other relevant documents will be published and also come into force on 1 May.

“The new Companies Act is a major piece of legislation and reform, which has a number of features to it [and] will certainly improve the environment for business operation in South Africa,” said Trade and Industry Minister Rob Davies. [Read more…]