Solving a real-world problem can be the best start for a business. Abed Tau has a passion for education inherited from his father, but he’s also driven by a nose for business. At just 30, he is a director of Thamani Consulting and co-founder of tech start-ups Tuta-me and Silicon Maboneng. The challenging state of…
DetailsThe donation of an asset to a trust triggers both donations tax and capital gains tax. The sale of an asset to a trust against a low or interest-free loan previously only triggered capital gains tax. Section 7C of the Income Tax Act was inserted to correct this position by deeming a donation to also…
DetailsThe Auditor-General (AG) released the general report on the 2016/17 MFMA audit outcomes in May 2018. The report indicates an overall regression compared to previous financial years. The audit outcomes of 45 municipalities regressed while there was an improvement in 16 municipalities. Only 33 (13%) of municipalities managed to produce quality financial statements and performance…
DetailsLeading others is daunting, but it’s the reason I get up every day. To influence and lead others is a privilege – and honestly, the most exciting part of my job. Great leadership transforms societies. But how can we measure it? Read Brett’s full article here.
DetailsDecision-making is hard. An unclear or poorly defined process can trigger decision ‘churn’, where previous judgments are revisited; a ‘fog of accountability’, where no one is truly answerable; ‘death by PowerPoint’, where decision-making gets lost from too much information-sharing; and bureaucratic governance. Read the full article here.
DetailsMore than 1 000 C-level executives worldwide identified the issues they expect to command their attention in the coming year. Of the 28 challenges from which they could choose, their biggest concerns weren’t headline-worthy global issues like political instability, climate change, terrorism, or a global recession. Rather, the top challenges vying for leaders’ action focused…
DetailsBlockchain has great potential to enrich the accounting industry by reducing the costs of upholding and reconciling ledgers and providing unqualified certainty over the ownership of assets. Furthermore, it will free up resources to concentrate on planning and valuation, rather than just plain bookkeeping. Blockchain is a software platform for digital assets. It is a…
Details‘Am I continuing to learn and grow?’ is a question that resonates with employees of all ages. The way your organisation helps them answer that question may be your competitive advantage in attracting, developing and keeping tomorrow’s talent. The global workforce is undergoing a seismic shift: in four years, millennials – the people born between…
DetailsA number of significant security-related events have taken place over the last couple of years − think back to the WannaCry ransomware event and Equifax data breach of 2017 or, more recently, the local Viewfines.co.za breach. The common theme: a large amount of sensitive user information being leaked or stolen. The world in which we…
DetailsYou may not be sharing your office with a robot yet, but the next wave of automation has begun. Humanoid service robots, machine learning algorithms, and autonomous logistics will replace millions of service workers in the coming decade. Experts are rushing to forecast the likely impact on jobs. But most projections overlook two powerful forces…
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