LIFESTYLE: Motoring: Lexus IS 350

Sometime last year Lexus launched its all new medium-sector luxury vehicle the IS 350. Most of you will be familiar with its popular predecessor, the IS 250, which sold very well in South Africa. After winning the hearts of many a driver the IS range was starting to date and required a face lift in…

INFLUENCE: The new Integrated Reporting Framework

The International Integrated Reporting Framework (IIRC) released its Framework in December 2013. The Framework is primarily geared to the private sector, but it can be applied by not-for-profit and public sector organisations. The Framework incorporates the public comments submitted to the IIRC on the draft Framework of April 2013. The Framework is available on www.sustainabilitysa.org…

VIEWPOINT: Responsible Investing

Socially responsible investing (SRI) is a growing international trend, though many private individuals are still under the illusion that SRI constitutes a cost. In fact, research abounds to prove that it substantially enhances investment returns. Therefore it is both possible and logical that investors satisfy their personal social ideals without compromising returns by investing in…

UP-TO-DATE: Keeping you informed of business today

SOUTH AFRICA: INVESTOR’S HANDBOOK Deloitte recently released the updated 2013/14 edition of South Africa: Investor’s Handbook, which was produce in conjunction with the Department of Trade and Industry (the dti). South Africa has a number of characteristics that make it a compelling investment destination on the African continent. The handbook provides investors with a broad…

VIEWPOINT: Coal Mining Cleans Up

Open-cast coalmines are ugly, as I saw for myself when recently viewing a client’s massive open-cast mine in Mpumalanga. Sprawling over several hectares, the scene was as apocalyptic as I had imagined. Four steaming pits sliced deep into the earth fed a relentless stream of mammoth tipper trucks ferrying their black cargo to washing plants.…

LIFESTYLE: Motoring: BMW ActiveHybrid 7

At first sight BMW’s largest hybrid vehicle is not distinguishable from its siblings. In fact the only differentiator from the outside is the rather large ‘Active Hybrid’ badge on the C-pillar of the vehicle. The usual 7 Series look is there, including the extensive use of chrome on the grill, front and rear bumpers, as…

ANALYSIS: Trade receivables IAS 39 vs IFRS 9

Many companies sell goods or services on credit to customers resulting in the recognition of trade receivables in their financial records. This type of financial asset is currently measured by most companies in terms of the International Accounting Standard 39 Financial Instruments: Recognition and Measurement (IAS 39). However, the International Accounting Standards Board (IASB) is…

VIEWPOINT: Evolving Leadership

Leadership is evolving with the next generation. The way things were done in the past, from pyramid corporate structures to top-down budgeting, has slowly fallen away as new generations come along with their own views on how things should be and where the generation before has gone wrong. This is nothing new – it is…

LIFESTYLE: Travel: Ultimate luxury

When going on holiday locally or internationally you always ask yourself one question: Is the hotel centrally located. If it is, you’ll want to know if it will fulfil all your other requirements as well. The African Pride 15 on Orange Hotel will do just that. It is the preferred choice for discerning, well-travelled connoisseurs…