Maintaining good stakeholder relations is ‘the right thing’ for companies to do, but how many pay lip service and don’t grasp its vital feedback role? What is a stakeholder? Traditionally, shareholders and clients were the stakeholders, with the workforce also usually acknowledged. Nowadays the definition has broadened to include all those parties who will be…
ECONOMIC CRIME REMAINS A SERIOUS ISSUE Economic crime remains a serious challenge to business leaders, government officials and private individuals in South Africa with 69 per cent experiencing some form of economic crime in the last 24 months compared to 37 per cent of global respondents. This is the first time since 2005 that the…
Bitcoin is a decentralised digital or virtual currency typically traded on a bitcoin exchange. South Africa’s first rand-to-bitcoin exchange platform, BitX, was founded at the beginning of 2013. Similar to shares traded on a stock exchange, a limit order (to buy or sell at a certain price or better) or an express order (to buy…
“The development of people, especially young women, is something that drives me. It is like watching a flower blossom,” says Tantaswa. She is involved in the mentoring and coaching of different people and at varying levels. “I do this formally and informally, and I must admit, it’s difficult for me to say no to anyone!”…
Is it becoming common practice in South Africa to disclose non-GAAP financial measures? This is certainly happening at an increasing level. There is a possibility that non-GAAP financial measures may be used incorrectly by users as these do not reflect the true financial position of a company. If investors rely on non-standardised financial measures without…
There are two types of people in the world – thinkers and doers. Which one are you?” Thinkers are open to new ideas and concepts and are constantly thinking outside the box trying to improve or change the way things are done. On the other hand, to be blunt, they don’t always have balls. Fear…
The seven candidates on the honours roll (candidates who achieved over 70 per cent) PLACE NAME FIRM 1 Avinash Ramsukh* Old Mutual Ltd 2 Eihorere Nkizire Wesigye Investec Bank Ltd 3 Jade Katherine Misplon Investec Bank Ltd 4 Michael Ian Ord Investec Bank Ltd 5 Timothy James Noble Nedbank Ltd 6 Jan Roodt Botha FirstRand…
Nissan has reincarnated the Almera, which was a popular vehicle amongst many consumers, especially the rental car companies. The new Almera, although bigger, does not look oversized from the outside. On the contrary, the inside feels spacious and airy thanks to the large windows, while the boot will swallow whatever you throw at it with…
South Africa’s 2014 budget speech had surprisingly few proposals in respect of cross-border activities. Most South African taxpayers and tax practitioners are quite thankful and will also be hoping that once the 2014 Taxation Laws Amendment Bill is finalised, 2014 will have turned out to be a relatively ‘uneventful’ year. Since South Africa’s move to…
It will be some time before any detailed analysis emerges from the CFO Global Business Outlook survey undertaken by North Carolina’s Duke University in 2013, but what appears to be a contradiction is obvious at first glance. The survey sample included 35 South African CFOs and while optimism about their country’s prospects was low (averaging…