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ARTICLES FROM COVID-19 HUB
COVID-19 Possible alternative futures for South Africa
The nature of the COVID-2019 pandemic reaches into every sphere of society – political, economic, social, technological, environmental and legal – necessitating careful consideration of the long-term consequences of our decisions in response to the pandemic and requiring alternative futures to be considered. The purpose of this article is to describe four possible alternative futures…
Coronavirus accounting considerations
Coronaviruses are a family of viruses that can cause illnesses such as the common cold, severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS). In 2019, a new coronavirus was identified as the cause of a disease outbreak that originated in the city of Wuhan in China. The virus is now known as…
COVID-19 crash What South Africa can learn from previous market crashes
The JSE ALSI recovered more quickly than the major US and UK indices during the last two crashes. The global economy was already on a fragile footing when a Black Swan appeared in January 2020 in the form of coronavirus disease 2019 (COVID-19). The impact of the disease and the fallout from countermeasures have jolted…
COVID-19 lockdown and tax-and unemployment-related matters
The COVID-19 lockdown currently in place will have an impact on tax-related matters. This includes contact with SARS, returns and payments due to SARS, as well as disputes. It also has an impact on employers and their employees. While a lot of information was available at the time of writing of this article, it is…
COVID-19: Measures to mitigate economic impact
COVID-19: Measures to mitigate economic impact In the wake of the COVID-19 pandemic, the President, on Monday 23 March, announced significant and far-reaching measures aimed not only at slowing the spread of the virus, but also at mitigating its effects. In this regard, it has become clear that the pandemic will have an adverse effect…
Risk, Resilience and COVID-19
Risk, Resilience and COVID-19 Opinion by Vanessa Thurlwell of Mondial Risk and Business Consultants and Craig Kent, Head of Risk Management at Aon South Africa. South Africa made it to 5 March 2020 before our first official confirmed case of COVID-19 was announced by Health Minister, Zweli Mkhize. The case load is now rapidly increasing…
Company taxation in the time of COVID-19 lockdown
Company taxation in the time of COVID-19 lockdown Jared Waters a Principal at Bravura Structured Solutions, highlights the potential complexities that could arise for Corporate South Africa amidst the country’s COVID-19 lockdown period. President Cyril Ramaphosa announced South Africa’s nationwide lockdown for a period of 21 days in an effort to slow down the spread…
Covid-19: Financial and Business Lessons
Covid-19: Financial and Business Lessons The year 2020 was earmarked to be the ’20-plenty’ year. A year filled with great expectations, abundance, growth, achievement and joy. The outbreak of covid-19 brought those expectations to a sudden halt. It almost feels unreal that a virus can have this significant impact on the entire world. The world…
Covid-19 lockdown and tax and unemployment related matters
Covid-19 lockdown and tax and unemployment related matters Authors: Piet Nel and Juanita Steenekamp SAICA The Covid-19 lockdown currently in place will have an impact on tax related matters. This includes contact with SARS, returns and payments due to SARS, as well as disputes. It also has an impact on employers and their employees. Whilst…
Covid-19: Important Tax Related Matters
Possible tax interventions to mitigate the economic effects of the COVID-19 pandemic in the South African context SAICA made a submission to SARS on 17 March 2020, requesting the Commissioner of SARS to consider various aspects regarding tax compliance due to COVID-19. The Tax Administration Act, 2011 provides for the potential remission of penalties and…
ARTICLES FROM ACCOUNTANCY SA
Lifestyle: Travel – Haven of luxury and hospitality
Nestled in the one of the most prestigious areas of Johannesburg, The Houghton Hotel is a multi-award-winning five-star hotel, spa and wellness resort and is situated right next to a golf course. Founded on a love for hospitality and distinguished service and design, this exceptional establishment is powered by a genuine passion for people. Here…
Lifestyle: Tech review – Tecno’s Spark 10 Series launched
The key to choosing a mobile phone today varies between usability, functionality, and a beautiful product. In addition, you also want an affordable phone. The recent launch of the Spark 10 Series in South Africa has provided consumers with another awesome option. With the large screen size of 6,8 inches, you will enjoy a great…
Lifestyle: Tech review – Huawei Nova Y91
Truly unstoppable As mobile phones become more advanced and powerful, they also require more powerful batteries. The Huawei nova Y91 delivers up to 29 hours of local video playback, 71 hours of talk time or 12,5 hours of gaming when fully charged. You now can count on your phone at any time in the day,…
Lifestyle: Motoring – The Mercedes-Benz EQB350
A bold electric crossover redefining luxury. Are electric cars the future? What can I expect in an electric car and is it suitable for long journeys. Find out as @motoringandtechworld takes us through everything you need to know about the Mercedes EQB350. Specifications Engine: Electric POWER: 215 KW TORQUE: 520 NM 0–100 KM/H: 6.2 seconds…
Lifestyle: Motoring – BMW M240i Xdrive
The BMW M240i Xdrive is a sports coupé that delivers a unique blend of luxury and performance. This car is designed for driving enthusiasts who demand the very best in terms of handling, power and comfort. It’s a true masterpiece in engineering and design, and it’s no wonder that it’s such a popular choice among…
Profile – Thembeka Maseko – Women have no business sabotaging each other
While the headwinds faced by women are well documented, Thembeka Maseko CA(SA) believes women themselves can play a role in changing the status quo. Thembeka Maseko CA(SA) recoils through the glass ceiling. At this instant she’s almost six minutes into a quote about headwinds faced by women in the workplace. ‘Globally, we’ve come a long…
Profile – Ansie Ramalho – Governance for the benefit of all
Lawyer Ansie Ramalho has been a crucial contributor to the accounting profession for the past 30 years. As chair of the King Committee, she is one of the country’s leading experts in corporate governance and is also a vastly experienced non-executive director. Ansie has made decisions for companies with billions invested into the capital markets…
Profile – Mathebe Molise – Revolutionising beauty
Mathebe Molise is the founder and CEO of Beauty on TApp, an aggregator of beauty brands that empowers small beauty brands by giving them a shopfront to showcase their products or services. Mathebe shares her background and what led her to start Beauty on TApp, as well as how she differentiates her business in a…
Profile – Zahid and Zahida Fakey – Destiny’s delight A couple’s journey in love and accounting
Destiny, the invisible force that intertwines lives, has a way of bringing two souls together in the most unexpected of circumstances … This is the story of Zahid and Zahida, two individuals united by fate, embarking on a journey of love, purpose, and the pursuit of crunching numbers. When Zahid and Zahida Fakey first crossed…
Profile – Lerato Phelane – More than a numbers game!
As a young chartered accountant at the age of 33, I have had my fair share of challenges, setbacks and obstacles to navigate through. But through resilience, determination and an unwavering commitment to excellence, I have been able to rise above my circumstances and become a leader in my field, as well as an advocate…