What a start to the year! If you’d told me in December over Christmas lunch that we’d have such a volatile and uncertain start to 2016 in the global economy, I don’t think I would have believed you. By Garth Saunders The weak rand and continued drought heightened the risk of inflation breaching the SARB’s…
DetailsUnleashing the power of our people Creatures of habit: the consistent leader 7 Tips to awaken your creative aptitude Setting the scene for success UNLEASHING THE POWER OF OUR PEOPLE On entering the workplace, we are often placed in managerial positions through the prestige of our profession. This privilege gives us unique opportunities to realise our…
DetailsErnest Mazansky looks at some controversial recent amendments to the various fiscal Acts, particularly with regard to the administrative aspects of the law The Taxation Laws Amendment Act 25 of 2015 and the Tax Administration Laws Amendment Act 23 of 2015 are now law. Once again, and for the second year running, the number and…
DetailsA quote by our great leader and visionary Nelson Mandela has inspired me this year, and it keeps getting more relevant: ’It always seems impossible until it’s done.’ The world is celebrating World Wildlife Day on 3 March. In view of the survival struggle facing our animals and plants, the UN General Assembly proclaimed this…
DetailsOpel Mokka Ford Focus Opel Mokka The new Mokka is Opel’s attempt to break into the very popular SUV market. Unlike the Zafira, the MPV from Opel, the Mokka is more compact and has a raised ride height, which adds to the appeal for most buyers who prefer to see over the car in front…
DetailsEveryone has heard the saying, ‘People don’t leave jobs; they leave managers.’ But knowing the saying doesn’t always mean that we respond appropriately to its implications. To draw an analogy, we were once all learner drivers. But it’s amazing how quickly after we obtain our driver’s licence that we forget the insecurity, the hesitance, the…
DetailsRarely does a topic create as much controversy for asset managers and planners as ‘phasing’. If one has a lump sum, should one invest it at once or phase it in over 3 –12 months? The answer depends largely on market volatility and pricing. A study by US asset manager Vanguard shows that in 66%…
DetailsLuckily there aren’t too many accounting-related changes applicable for 2016, but there are huge changes coming. Here are my top five areas to keep an eye on in 2016. By Justine Combrink There are many areas that influence the preparation of financial statements. For 2016 one would need to apply the applicable IFRS (International Financial…
DetailsAvoiding the common pitfalls in African expansion A virtuous circle Unlocking the backlog Africa asset management set to rise Avoiding the common pitfalls in African expansion When expanding into Africa, local companies need to understand that simply transplanting products and services does not necessarily mean they will be successful elsewhere. By Theodore Josias The rate…
DetailsACCOUNTING IFRS for SMEs training module on Other Financial Instruments Issues This module covers Section 12 of the IFRS for SMEs which specifies the accounting for more complex financial instruments and transactions. Access it via e-IFRS on the SAICA website. Accounting for investment properties under development or construction The IASB proposes to amend IAS 40…
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