The Coronavirus is having a significant impact on the global economy as it increasingly disrupts production, supply chains and travel. With that in mind, organisations should consider any potential legal risks and how to protect themselves against them. In January, the World Health Organisation (WHO) announced that the outbreak of the coronavirus was a public…
Fears around the coronavirus (COVID-19) outbreak has spilled into financial markets 9 March 2020: The coronavirus outbreak has rapidly approached global pandemic levels, and given the knock-on effects of the virus on economic growth, the fireworks in markets were inevitable. From sitting at record highs, global markets sold off aggressively during the last week of…
Dr Mitan Nana CA(SA) It is now up to you to decide through your actions and your sense of responsibility – both to yourself and perhaps more importantly to others – just how safe you would like to be. Not even three months ago, I would have been laughed at had I even dare suggest…
With a background in financial management and business valuations, I have always been intrigued by ‘strategy’, the thing that ultimately sets a company apart from the next and probably, together with strong leadership, the main driver behind sustained value creation. In a series of interviews, I will be exploring the different approaches of different business…
In the COVID-19 era, beneficial ownership could be one of the commercial triggers to reignite the South African economy. Financial crime is a significant problem that we as a country, and indeed a global community, have to deal with almost continually. Hardly a week passes without hearing of a case involving fraud, corruption or looting…
In the wake of the COVID-19 crisis, SAICA brings together a star-studded panel of CAs(SA) to discuss the steps the industry needs to take to ensure growth and transformation of the industry pipeline. As a country and as an economy, we are only as strong as our financial systems. And that is much broader than…
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…
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…
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…
Alex Granger It may be an understatement to say that we are going through a period of change. But while there is so much negativity around us, there is also the opportunity to work on our future selves. Which is why SAICA invited Dr Alex Granger, one of Africa’s top executive coaches, to speak at…
Although the COVID-19 pandemic is primarily a healthcare pandemic, it is causing considerable uncertainty and fear and also brings with it possibilities and opportunities in both South Africa and the rest of the world to create a post-COVID-19 world with new business, social and economic structures. Even before COVID-19, the complexity facing leaders was intensifying…
‘As SAICA celebrates its fortieth anniversary this year, we remain committed to our higher purpose of building a better world and illustrating the integral role our noble profession plays in securing the future of our country,’ says SAICA CEO Freeman Nomvalo. ‘For South Africa, our top three areas of concern remain the lack of access…
