Almost half of richer, digitally-savvy South Africans want to buy cryptocurrencies, according to new research from Business Insider. But are they a flash in the pan – or the future of finance? Cryptocurrencies are a subset of digital currencies which the Bank for International Settlements describes simply as assets represented in digital form. PayPal and…
DetailsOn 22 May 2010, a programmer bought two large pizzas for 10 000 bitcoins, worth about $30 at the time. Exactly eight years later, those bitcoins were worth $82 million. They’ve come a long way. Cryptocurrencies are no longer the inaccessible trading grounds of tech-insiders; they offer real investment possibilities to real people – provided…
DetailsPeople always remember the way they feel, and anchoring this positive narrative amplifies the personal development journey,’ says Paolo. How did your career lead to being an organisationdevelopment consultant?I was always helping friends as a youngster. The development orientation was fundamentally me. Three months into my training contract I was told to lead some technical…
DetailsThrough Ethics and Compliance: The Uber Case Study Tech-driven disruption is radically transforming industries at a startling pace. Uber stands out as one of the most spectacular examples of this disruption, in which the application of new technology revolutionised the transport industry. Underlying Uber’s stellar success are cultural norms that reflect ethical behaviour and public…
DetailsThe Role of Modern Finance in Supporting and Advancing the Business I recently participated in a podcast and one of the first questions I was asked was: ’Finance is not just the rating and reporting of history. It’s a future-focused job. How do you look ahead rather than backwards, and work alongside the business as…
DetailsHere are my fintech predictions for 2019 based on what we are seeing with our members at AlphaCode, which closely tracks international trends in this space. DIGITAL BANKSThe introduction of TymeBank, BankZero and Discovery Bank will no doubt shake up the industry and give customers greater choice. It will also force the incumbent banks to…
DetailsEven the auditing profession with its stringent independence and ethical requirements taught as part of the curriculum at university is now being dragged into the debacle. Earlier this year, the Independent Regulatory Board for Auditors (IRBA), exposed several auditors who were accused of consistently contravening its professional standards and the law.
These days everything is going digital − so much so that research by the University of Oxford said accountants have a 95% chance of losing their jobs by 2030 as machines take over the number crunching and data analysis. Photos: Theana Breugem Paige dos Santos, however, is unlikely to be a statistic. The CA(SA) and…
DetailsOn behalf of Chartered Accountants Worldwide (CAW), Edelman Intelligence surveyed over one thousand business leaders and key decision-makers across the UK, Ireland, South Africa, Australia and New Zealand to measure their trust in chartered accountants, the accountancy sector and business as a whole. In South Africa 250 respondents were interviewed. In an era where trust…
DetailsArtificial intelligence is no longer the stuff of science fiction and Hollywood movies. Paige dos Santos says that far from being a cause for concern, digital technology is a new avenue for accountants and the profession. These days everything is going digital − so much so that research by the University of Oxford said accountants…
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