We look at an often-overlooked section of the Companies Act and its implications for directors of financially distressed companies Business rescue has been an integral part of the South African legal and restructuring landscape for more than a decade and has since its inception served as an effective means through which financially distressed companies may…
DetailsA BLACK CHILD TRANSFORMED BY ACCOUNTING Botshelo Mhomboti is an accounting clerk who has published her first book ‘A black child transformed by accounting’ in June 2021. She is already busy with her second book called ‘The poetic atmosphere of income tax’. This one will be a book full of income tax poems which aims…
DetailsWealth AdvisorAre speed and agility beating just painfully sticking to the track? Over the last decade, passives enjoyed USD3,8 trillion inflows whilst USD185 billion left active funds. Half of US funds are expected to be passive by 2025. Mike Lledo CA(SA)IndependentFinancial Services Consultant What does the scoreboard say? The 2021 SPIVA Scorecard (S&P DJI) has…
DetailsIn 2020 Nicholas Riemer CA(SA) co-founded The Invigilator, an entry-level smartphone application used to monitor online and remote assessments. Since launching the company, The Invigilator has conducted over 1 million assessments and was the No 1 most downloaded education application in South Africa as of September 2021. At the moment the app is used by…
DetailsMelissa Jacobs CA(SA) is the founder and owner of MJ Chartered Accountants. Unlike other accounting firms, hers is fiercely devoted to the preservations of lions. Her love for wildlife began as a child and knowing that the lion populations are seriously endangered triggered her to do something about it. With an estimated 20 000 lions left…
DetailsLENOVO’S THINKPAD X1 NANO AND THINKPAD X1 FOLD; SAMSUNG FREESTYLE; HISENSE U9G 4K MINI-LED TV Take cleaning your home to the next level Take your automated home cleaning to the next level with the Xiaomi Mi Robot Vacuum Mop 2 Pro. This scanner maps out your environment in real-time for its AI to optimize cleaning…
DetailsTo master communication in a digital world, you need to challenge yourself to improve the art of speaking dineshrie pillay CA(SA) Business Owner and Public Speaking Trainer Bad speaking habits develop over time. Equally, good speaking starts by taking simple, consistent actions. Take this 10-day speaking challenge. Each day, fully embrace the challenge for the…
DetailsIn the 2021 budget, then Finance Minister Tito Mboweni indicated that the corporate income tax rate will be reduced to 27%. Enoch Godongwana, the current Finance Minister, followed through on this policy decision and reaffirmed it in his 2022 budget speech. This was significant since it showed the tax policy’s continuity Muneer Hassan CA(SA) Tax…
Details‘If I’m lucky, I only get recruiting wrong 70% of the time.’ These were the words of Phone4U founder and billionaire John Caldwell. His statement validates what we all know: recruiting the best talent is already challenging, hence your organisation’s talent retention strategy becomes increasingly important Zanele Maduna CA(SA)Director at No-Valo Learning Centre As an…
DetailsSchalk Burger’s love for socio-economic upliftment and his passion for innovation combined to form Xhuma − a technology start-up focused on solving the last-mile contextual challenges faced by many talented individuals during their educational journey Schalk Burger CA(SA) can still vividly remember when they started the Xhuma journey and how they kept going from funder…
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