LATEST ARTICLES
ARTICLES FROM COVID-19 HUB
Public Sector Information for COVID-19
SAICA has a dedicated public sector division to support members in the public sector. This page contains all information relating to COVID-19 that impacts the work of members working in or doing business with the public sector. For all other public sector related support, please refer to the Public Sector webpage – Compliance documents…
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 the coronavirus disease 2019 (COVID-19). The impact of the disease and the fallout from countermeasures has…
Coronavirus, Contracts and Force Majeure
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…
How the coronavirus has impacted 2020’s investment outlook
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…
ARTICLES FROM ACCOUNTANCY SA
#CALife & Style: Kamers/Makers pop-up
For decades, retail space in South Africa has been prohibitive for most local artisans due to long leases, rigid costs and equally rigid attitudes. Defying the norm, Hyde Park Corner has opened up a beautiful, creative space for the entrepreneurs of Kamers/Makers, giving them a platform to bring their incomparably eclectic mix of creations to…
#CALife & Style: Starbucks Expands its footprint to Cape Town
Starbucks has affirmed its bullish view on the South African market with a bold expansion into Cape Town scheduled for later this year. This was announced by Adrian Maizey, owner and CEO of Rand Capital Coffee, the custodian of Starbucks in Southern Africa. With several leases now in place in the Mother City and investment…
#CALife & Style: Smart Life Experience
Huawei has now entered SA’s PC market with the introduction of the Huawei MateBook D14 and D15 laptops. Both priced at under R13 500, these laptops are bringing a whole new element of Huawei’s all-scenario ecosystem to South African consumers. In this ecosystem, the smartphone acts as a hub connecting health wearables, tablets, PCs and…
#CALife & Style: Sleep on nature
We spend a third of our lives sleeping, so you should make it a magnificent experience. Since the foundation of Coco-Mat in 1989, they have been pursuing one goal: to offer customers the best possible natural sleep solution. It is a proven fact that only when one is well rested and naturally rejuvenated after a…
Top-35-under-35 2020 Finalist: Dana Pretorius
Dana Pretorius co-founded Outsourced CFO (OCFO) in early 2014 and has been director of the business for the last seven years. OCFO is an innovative financial consulting firm that makes CA expertise available to growing SMEs at affordable sliding scales as and when their businesses require it. Dana has a passion for the development of…
Top-35-under-35 2020 Finalist: Angella Makowe Mutonhora
After completing her tertiary education in Zimbabwe, Angella relocated to South Africa in 2009 to pursue her dream of qualifying as a chartered accountant. This was not a seamless process, as she spent two years working as a bar waitress and part-time lecturer to raise funds for her CTA and attempting to secure a training…
This Isn’t a Man’s World: Women in Business
The 26th of August marks Women’s Equality Day, which focuses on forging a gender-equal world, celebrating women’s successes, and raising awareness of historic and present bias. There’s a lot of discussion around women in the workplace and underrepresentation in industry — 5% of U.S. ownership in the tech industry is women, and only 2.9% of…
Insurers Seeking the silver lining in the COVID-19 pandemic
Pre the COVID-19 pandemic the insurance industry was already dealing with large-scale regulatory changes, implementing IFRS 17, and repositioning insurers for changing customer needs. The added complexity of the pandemic has certainly not helped the sleeping patterns of insurance executives. Whilst the economic strain of the pandemic is clear to see, there are some positives…
CPD: The FICA Amendment Act – What you need to know
While the 2017 FICA Amendment Act, which came into effect of 1 April 2019, sought to fix problematic clauses within the FICA Act, it has real-world consequences for accountable institution. Regulatory changes by the state and the agencies acting on their behalf have become a status quo for financial institutions, adding to their already onerous…
CPD: An overview of ISA 240, Part 2
Mario Fazekas, a certified forensic auditor, presented a webcast1 in which he provided an overview of the auditor’s responsibilities relating to fraud using ISA 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements (ISA 240), as the outline. The key messages from the webcast are summarised in a two-part article series.…