Editorial

• Date: 01 January 2008
• Published date: 01 January 2008
• Pages: V-
• Author: J.J. Henning
• DOI: 10.10520/EJC74097

v

editoriaL

Dr Christoph Jaehne makes a very valuable contribution to and at

a very crucial time during the present comprehensive South African

company law reform process.

He highlights the importance for sustained economic growth of the

available dedicated business forms addressing the reasonable expec-

tations and requirements of small and medium-sized businesses, for

sustained economic growth. In looking at the close corporation from

a German perspective and taking into account, inter alia, the very

positive reaction this business form recently received internationally,

and specif‌ically in the United states, he contributes a very vauable

perspective to the present South African reform discussion.

The highly signif‌icant results of this comparison, emphasising the im-

portance of the continued availability of the close corporation and its

potential as a role model for an eventual Societas Africaea furthering

socio-economic integration within the context of SADEC, the African

Union, and NEPAD not only serve as a highly signif‌icant indication

of the importance of the preservation and development of such legal

entities but also sounds as a very timely note of warning to South

African law reformers especially, to proceed more cautiously and with

far geater deliberation.

Prof J J Henning

Bloemfontein

2008