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Business News Articles

Demand loans, prescription and tax

If a person advances money or credit to another person without a fixed date for repayment, unless the parties agree otherwise, the debt becomes due on the date of the conclusion of the agreement. However, what is the position in the case of a so-called “demand loan”, that is, a loan agreement in terms of which the creditor has the power – by making demand – to unilaterally determine when the debtor must perform?

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YOUTH MONTH: Millennials in the workplace

Millennials, a word used for a person reaching young adulthood in the early 21st century, are an enigma to the older generations as they strive for both financial independence and personal fulfilment.

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Money isn’t everything. Calculating your true worth.

While it is completely natural to think about assets and wealth in financial accounting terms, in reality it’s not a neat and logical process.

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