The certainty of whether a director is an employee of a company is now settled. The terms ‘independent contractor’ and ‘employee’ are mutually exclusive. Contracts with employees entail the placement of employees’ services or productive capacities at the disposal of the employers.
Ukur Yatani, Cabinet Secretary for the National Treasury and Planning, on 7th April 2022 tabled the Finance Bill 2022. The theme for the budget this year ‘Accelerating Economic Recovery for Improved Livelihood’.