While struggling to keep the business afloat, deadlines tend to come and go. There are penalties payable for late submissions and late payments – a cost most small businesses are usually unable to carry. Read the full article here.
DetailsGoverning bodies, and the role they play, are under the spotlight like never before. How should members of governing bodies ensure that they are covering all the bases? By Parmi Natesan Thanks to the litany of recent governance failures, and the high-profile scandals in the private and public sectors, governance has shot up the public…
DetailsBy Gillian Niven & Nirvasha Singh Partners at Webber Wentzel The Carbon Tax Act 15 of 2019 (Carbon Tax Act), the Customs and Excise Act 91 of 1964 (Customs Act) and the Customs and Excise Amendment Act 13 of 2019 (Customs Amendment Act) pose numerous uncertainties on the road to implementation of carbon tax. We have mapped out below a pathway…
DetailsHelene Vermaak, Business Director at The Human Edge Research conducted by organisational culture experts The Human Edge suggests that only half of the South African working population sees their work environment as psychologically safe, with only 24% of those people surveyed willing to recommend their current employer as a place to work to a friend.…
DetailsBut transport costs climb as fuel prices jump Statistics South Africa (StatsSA) reported on May 22 that consumer price inflation declined from 4.5% year-on-year (y-o-y) in March to 4.4% y-o-y in April. A slowdown last month in inflation in the categories of alcoholic beverages & tobacco and recreation & culture countered an acceleration in price…
DetailsPwC is proud to announce the appointment of Shirley Machaba as its new CEO for Southern Africa, effective from 1 July 2019. Machaba is the first black African woman to be appointed in this role within PwC in Southern Africa, marking a significant milestone for the firm. Machaba takes over the reins from Dion Shango,…
DetailsContinent-wide analysis of African economies demonstrates positive correlation between economic growth and rising quality of governance indicators African economies could increase their output by $23bn if each economy applied governance reforms equivalent to those made by Cote d’Ivoire since 2013.The countries with the largest potential gains are those with a comparatively high GDP per head…
DetailsThe latest unemployment rate percentage in South-Africa, was announced on 14 May 2019. The unemployment rate rose to 27.6 percent in the first quarter of 2019 from 27.1 percent in the previous period. It is the highest jobless rate since Quarter 3 2017. “Reward and HR professionals, as well as SARA, know they have a…
DetailsBusinesses operate in a time of unprecedented volatility across economics, demographics and geopolitics. More than ever you need to explore new ways to cope with evolving and inter-related complexities in a challenging business environment. Aon South Africa, a leading insurance brokerage and risk advisor, has surveyed the risk and insurance landscape and reveal their take…
DetailsOrganisations should focus on developing stronger digital skills and capacity in their risk function in order to make more informed decisions about risk in a technology-driven world, according to the eighth edition of PwC’s Risk In Review study. The 2019 study has found that while many organisations have already embraced new technology as part of…
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