This book has been published by Werksmans Inc. of Johannesburg, South Africa, to give the reader a brief overview of the investment climate, taxation, forms of business organisation and business, accounting and legal practices in South Africa. It reflects the general position in South Africa as at August 2002, unless otherwise indicated.

Please note that since this book reflects the general position in South Africa, it may not apply directly to specific circumstances. Accordingly, readers are urged to seek professional advice before taking any action based on the information contained herein.

Werksmans thanks Pieter Steyn and Pieter Kriel for updating this edition.