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ARTICLES FROM COVID-19 HUB
Valuable business lessons learnt from COVID-19
Is it really all doom and gloom? What are the lessons, if any, that we can take from nearly a full year of restrictions on trade? As I write this, we are in the midst of a second wave of the COVID-19 pandemic. Businesses that needed a busy festive season or, alternatively, those that needed…
From Cashless to Digital: The COVID-19 Tipping Point
COVID-19 has been a catalyst for the global adoption of cashless payments, with the disruption expected to effect lasting changes in the way people spend. While consumers had already begun to embrace digital payment options prior to the pandemic, the health crisis has rapidly accelerated the adoption rate with more consumers seeking safer, contact-free payment…
Covid Alert SA App now available
Join the COVID ALERT SA community. Slow the spread of COVID-19. Stay Safe, protect loved ones, your community and all of South Africa. Let’s work together to save lives. The COVID ALERT SA app gives you the power to slow the spread of COVID-19 in South Africa and to keep yourself, your loved ones and…
COVID-19: Data and technology empowering business travellers
As South African corporates gradually return to the boardroom, road warriors are longing to take back to the skies and resume business negotiations, build relationships, and discuss new business opportunities. Although business travel is permitted in South Africa, the pandemic has kept everyone on their toes with regulations changing frequently. As consulting firm McKinsey put…
The Forward-Looking Accountant
Technology is taking over some routine tax and accounting tasks. This means accountants now need to make the move to trusted business advisors. William Reeb and Dominic Cingoranelli asked an important question in their book Becoming a trusted business advisor: how to add value, improve client loyalty, and increase profits, namely if accountants can name…
Re-imagining the world of post-COVID work
Kevin Phillips CA(SA) is CEO of IDU Group As the first wave of the COVID-19 crisis begins to recede and lockdown measures ease, it’s becoming clear that we can no longer expect to “go back to normal”. Just as a flood sometimes permanently changes the course of a river, so the pandemic has shifted the…
KPMG CEO calls for strengthening of South Africa’s CA pipeline
Ignatius Sehoole KPMG CEO calls for strengthening of South Africa’s CA pipeline KPMG South Africa CEO Ignatius Sehoole has called for more vigilance than ever in South Africa’s accounting sector, as the Covid-19 crisis poses a unique challenge to the business environment. He calls on the South African Institute of Chartered Accountants (Saica) to aid…
The future of investment
The new normal is redefining the new investment landscape, but is it really that bleak for Africa? There is plenty of cynicism and negativity when it comes to South Africa and investment in its future. The recent downgrade by Moody’s was felt particularly keenly in light of the COVID-19 national lockdown and the inevitable economic…
COVID-19 and retirement funds
We are living in unprecedented times, and the COVID-19 pandemic is affecting everyone differently: we are in the same storm but not in the same boa. The lockdown following the outbreak of the COVID-19 pandemic is resulting in significant financial strain. Many employers are unable to pay salaries or have been forced into a position…
COVID-19’s impact on student learning
The arrival of the novel coronavirus has received much media attention coverage over businesses, vulnerable communities and the economy. This article highlights a few critical aspects of how COVID-19 has impacted CAs-in-training from the perspective of Wits School of Accountancy lecturers. COVID-19 first hit South Africa in March 2020. Wits took the decision to bring…
ARTICLES FROM ACCOUNTANCY SA
Celebrating 10 years of Top 35-under-35
The Top 35-under-35 competition is celebrating its 10th anniversary this year. To celebrate this milestone in style, this year we will be profiling some of the first 2014 finalists. Please join us as we look at their career journeys so far. We hope this feature will inspire our young #Differencemakers and future finalists to continuously…
Lifestyle: Xiaomi: Truclean W10: Ultra Wet Dry Vacuum
The XIAOMI Truclean W10 Ultra Wet Dry Vacuum is the perfect companion for keeping your home clean. The roller brush effectively removes stubborn stains such as sauce, oil, and rice thanks to its innovative high-temperature stain removal system. Suitable for both wet and dry cleaning, the triple cleaning power of the W10 allows it to…
Focus: Leadership Focus: 9 Trends that will shape work in 2023 and beyond
In 2022, business leaders faced an increasingly unpredictable environment, with evolving return-to-office policies, higher employee turnover, and burned-out employees (more than ever before, in fact). In 2023, organisations will continue to face significant challenges: a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn. How employers respond could…
Cover Story – Fulufhelo Siphuma – Take care
‘A person who is too busy to take care of their health is like a mechanic who is too busy to take care of his tools.’ This is the philosophy Fulufhelo Siphuma lives by; a philosophy which is seeing her emerge as force in fitness as well as finance. The day that Fulufhelo’s grandmother passed…
Feature: Mentorship
Having a mentor to guide you can impact your direction in life – not only your career. If you have the right mentor, it can lead to magical outcomes. You are not alone, there is someone who cares … You’ve probably heard the old saying ‘It’s not what you know, it’s who you know.’ And,…
Feature: ChatGPT
Chatbot ChatGPT explaining itself What is ChatGPT? ChatGPT, also known as the ‘Conversational Pre-training Transformer’, is a cutting-edge machine learning model developed by OpenAI. It is a type of language model that uses unsupervised learning techniques to generate natural language text. The model is trained on a massive amount of text data and can generate…
Focus: Leadership Focus: 5 Principles of purposeful leadership
The traditional model of the leader-hero who saves the day, knows it all and is often driven by power, fame, glory or money is no longer appropriate. People today expect a different kind of leader. While every company should formulate its own approach to leadership, here’s the philosophy deployed by a leading company as part…
Focus: Leadership Focus: When your feelings conflict with your leadership role
There are unwritten rules about the emotions you’re expected to show at work. These implicit ’feeling rules’ are so embedded in an organisation’s social fabric that we rarely notice them. However, there are times when there’s a conflict between how you feel and the emotions you’re expected to display. So how do you decide when…
Feature: A story of dreaming …
There are times in life when we feel overwhelmed by our circumstances: Work. Bills. Family. To do lists that never seem to end. You feel tired and drained. Why do you do this to yourself? Surely, just taking life easy seems the more logical option than combining work and study. You feel the urge to…
Updated SAICA Code of Professional Conduct
The recent evaluation of South Africa by the Financial Action Task Force (FATF) and the threat of ‘greylisting’ for various deficiencies linked to poor money laundering controls has led to the Financial Intelligence Centre (FIC) amending Schedule 1 to the Financial Intelligence Centre Act. Schedule 1 sets out which persons would be classified as accountable…