The National Treasury notes with concern the statement issued by the Competition Commission on the completion of an investigation into price fixing and market allocation by 17 banks, including three South African banks, all of which have an international footprint. As the Competition Commission indicated in its statement, the matter has now entered a new…
The biggest issue on the minds of South African directors is that of sustainability, according to a new report on global corporate governance released by Grant Thornton. In the report entitled Boards of the future: steering organisations to thrive, 76% of South African business executives highlighted sustainability as a key area of focus, compared to…
There is no doubt that tax authority activity has been rising steadily in recent times as financially strained governments press for higher revenue collections and media and public attitudes harden against perceived corporate tax avoidance. The audit activity has increased across the board with international tax and transfer pricing in particular leading the way. This…
Set on the European side of Istanbul, the high-rise InterContinental Hotel Istanbul is located in the heart of Istabul with breathtaking views over the Bosphorus waterway and historical city sky line. Istanbul is known to be one of the greatest cities in the world, where modern Western meets the traditional Eastern city. It’s an incredible…
How do we benchmark ourselves as CAs(SA) and what makes a good CA(SA)? After being posed with this question by his newly qualified cousin, Ismaa’eel Van der Schaff ponders about the answer and shares his thoughts on the matter When embarking upon the journey into adulthood, you arrive at a critical junction in Grade 11…
Breeze your way through the trendy interiors of Cube Workspace’s new, dynamic office spaces with MD Wayne Windell as he tells us how came back to South Africa with incredible international experience and is now building a business with serious intentions of going global For a ‘now or never’ offshore experience, at 26 Wayne Windell…
South Africa’s high-profile banking industry is highly regarded – not only here but throughout the world. A cogent reason for their impressive international standing is the quality of their management. Here’s what lies behind the nature of that quality This question may well be extended into the broader reaches of the economy. Thus: ‘Why are…
After 20 years of debates around insurance accounting, phase II of IFRS 4 will be issued imminently as ‘IFRS 17’. With a likely effective date of 2021, what can we expect? We all know just how much hype there had been around the introduction of IFRS 9, and its far-reaching impact. IFRS 17 is likely…
Sicelo Joja has coined the term ‘3 Cs’ for the skills that are required from chartered accountants globally and gained by local students at SAICA-accredited institutions It is no secret that South African chartered accountants are globally competitive, as evidenced by the World Economic Forum’s Global Competitiveness Report. However, the question arises how globally competitive…
South Africa’s finance professionals are no strangers to change, but the growth of robotic process automation, known as RPA, may make even these seasoned observers sit up and take note. By Kavita Vanmali Robotic software is set to be one of the biggest trends impacting corporate bottom lines and one which will make the job…
