A light at the end of the tunnel? The 2016 budget is not all bad. Did it meet expectations? No. Did it take on high-profile, easy to understand increases that everybody understands the repercussions of, like VAT or personal income tax? No. Is the budget loaded with stealth tax, essentially hiding the real pain points…
DetailsCEO of W. Consulting Bruce Mackenzie CA(SA) shares his experiences establishing and growing his own small business into a global consultancy. By Eamonn Ryan While many of today’s school leavers cite money as their major inspiration for wanting to become a CA(SA), that novelty soon wanes. In the case of W. Consulting CEO Bruce Mackenzie…
DetailsHOW TO OVERCOME IT Sweaty palms, a tingling sensation, rapid heart rate ‒ these are just some of the physical symptoms that people feel when asked to speak; it’s officially called glossophobia ‒ fear of public speaking. This fear could also include total avoidance of events that focus on individual attention and result in limiting…
DetailsThe issue of ‘disclosure overload’ is not new, neither is it an issue for preparers of IFRS financial statements only. In fact, a number of standard-setters and regulators around the world are attempting to find solutions to the issue of disclosure overload. By Mareli Dippenaar The International Accounting Standards Board (IASB) has found that financial…
DetailsA vital question! This month is a turning point for a large number of businesses on their empowerment journey. Thousands of BEE certificates will be expiring in April 2016. During April 2015 companies rallied to have a final verification done under the ‘old’ codes, expecting that the generic amended codes would become fully effective on…
DetailsWhile the introduction of a sugar tax and a tyre levy as well as adjustments to the capital gains tax inclusion rates were the talk of the day, there was also mention of yet another revision to the current venture capital company (VCC) provisions. By Greg Tarrant On 24 February 2016, the Minister of Finance,…
DetailsA few years ago, when a huge snowstorm hit a city in New Jersey, a local mayor took to the streets, shovel in hand, and helped workers clear paths. He rescued snowbound vehicles and even delivered nappies to a housebound mother. He was also savvy enough to tweet eyewitness observations to over a million Twitter…
DetailsWhy strategy execution unravels You need an innovation strategy Why organisations don’t learn Restructuring: An international case study WHY STRATEGY EXECUTION UNRAVELS Donald Sull, Rebecca Homkes and Charles Sull debunk five of the most pernicious myths about how to implement strategy and replace them with a more accurate perspective that will help managers execute strategy effectively Since…
DetailsIn many of my past articles, I’ve discussed the importance of saving. Last month (‘New Year’s Resolutions’) I referred to saving and paying off debt simultaneously. Sometimes it’s the same thing; sometimes it isn’t. If you’re paying off debt, I think the important thing is isolating what debt you’re paying off. I’m perplexed every time…
DetailsThe Taxation Laws Amendment Act 23 of 2015, which was promulgated on 8 January 2016, kicks off the long-awaited retirement reform process – but are you ready? The aim of this first fledgling step towards broad reform is to harmonise the tax deductibility of contributions to all types of retirement funds, as well as provide…
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