Budgets, transformation, poverty In an open letter to the Minister of Finance, following this years budget speech, an independent civic entrepreneur and sustainable systems researcher based in the Theewaterskloof municipality of the Western Cape Province, urged Pravin Gordhan to consider: 1) moving local economic development (LED) infrastructure; building it onto the top of the public…
DetailsThe devil is in the details and not in the clouds In an interview with the SABC just a short while after his State of the Nation Address (SONA), this past month, President Zuma was asked what his expectations were of the country’s social partners – if there was something that he was specifically asking…
DetailsBeyond the call Shareholder value and the effective management of the stakeholder relationship are key to any business. While we already know that most businesses and organisations follow a far more integrated approach to this activity, just how integrated and how ready are we to adapt quickly to a constantly changing environment? These are two…
DetailsGoing Green: BMW 5 Active Hybrid and The Toyota Auris HD As we resolve to save the planet, or at least leave some of it intact for future generations, so too is the motoring world abuzz with efforts to try and reduce its carbon footprint. Several technologies have been examined, but three are at the…
DetailsOne hundred years… This issue marks the beginning of what is certainly a watershed period for the Accountancy SA journal. 100 years of publishing information that matters to the CA(SA). It started as a four page information brochure for a small group of members, and has over the years evolved into an integral part of…
DetailsPolitics, poverty, empathy and the profession I recently had a very interesting conversation with a friend about the causal link between poverty and crime. Having worked for the African Union and with extensive knowledge of Africa, she very boldly declared that she just doesn’t get how we (South Africans) could very casually proclaim that there’s…
DetailsTo bank or not to bank A banking ad on television by one of SA’s leading banks proudly states that in 2010, it provided R50-billion in loans to thousands of South Africans. It goes further and claim that “…R50-billion in loans is more than just a number: it’s a way to change lives”. And the…
DetailsFrom the pen – Small Is The New Big The analysts agree that, in order to realise our country’s desired employment figures and economic growth, the small and medium enterprise sector is a critical cog. It’s within this sector, where small start-ups exist, that job creation is a very real priority. But it is also…
DetailsFrom the pen Public Sector Challenges Just over a month ago, Auditor-General (A-G) Terence Nombembe announced that of the 237 municipalities and 49 municipal entities audited for 2009/10 financial year, only seven municipalities and ten municipal entities received ‘clean’ audit reports. Albeit an improvement from the 2008/2009 financial year, the A-G once again stressed that…
DetailsFrom the pen – Leadership Earlier this year when the McDonald’s Corporation announced the appointment of Cyril Ramaphosa as Developmental Licensee (DL), responsible for the operation of McDonald’s restaurants in South Africa, Chris Gilmour, an analyst at Absa Asset Management questioned whether a change in operator would really make any difference. He shared that McDonalds…
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