The hard part of investing is discipline, patience and judgment. Investors need discipline to avoid the many unattractive pitches that are thrown [their way], patience to wait for the right pitch, and judgment to know when it is time to swing,’ says Seth Klarman, billionaire investor. Traditional financial planning is linear in nature, based on…
DetailsWhen is planning not budgeting? The answer lies in the debate around current terminologies of corporate and strategic planning – which are fancy words for budgeting, or are they? I would define corporate planning as an operational function while strategic planning is more long term and not operational. Corporate planning (budgeting) So why would I…
DetailsFormer captain of the All Blacks Richard McCaw, who retired in November 2015 from international rugby, is considered one of the greatest rugby players of all time Richard McCaw, or ‘Richie’ as he is widely known, is generally recognised as the world’s best open-side flanker. His record as a player and as a captain is…
DetailsThe Consumer Goods and Services Ombud was established to guide the consumer goods and services industry on the minimum standards of conduct expected when engaging consumers, and to assist the industry in resolving consumer disputes. The office of the Consumer Goods and Services Ombud (CGSO) is the consumer goods and services industry’s compulsory Ombud scheme, and…
Details10 steps to engineering financial success Risking failure in order to succeed The solvency and liquidity test in business rescue 10 STEPS TO ENGINEERING FINANCIAL SUCCESS From working with many companies across various sectors, some that are very successful and others that are still a work in process, Louw Barnardt and his team have…
DetailsMary Vilakazi’s career profited from training assistance from several quarters. Now she is intent on ‘paying it forward’ to help other young aspiring accountants replicate her achievement as CFO of a major listed financial services group. By Eamonn Ryan Mary Vilakazi CA(SA) is a rare example of a non-executive director being invited to move to the…
DetailsLike most endurance events, the end is not as important as the journey itself: the goal setting, the training, the start, the development and, of course, the finish. Yuven Gounden spoke to Bok Pretorius about this philosophy, which has its parallel in virtually any other challenge or business process When Cornelis (Bok) Pretorius completed his…
DetailsMost companies will find that having no black ownership will mean not achieving a B-BBEE status level at all during their next verification. That could pose a huge business risk! The remaining four scorecard elements are extremely onerous and very expensive to comply with. It is ironic then that even with black ownership a company…
DetailsEditor’s letter Breaking free … from yourself! How many times have you heard someone say that they reacted in a certain way because that’s just who they are? Or how many times have you declined to try something new because it’s not what you necessarily like? Chances are that you probably figured out who you…
DetailsTHE RISE OF THE MACHINE Leveraging disruptive financial technology The Internet of Things Bitcoin facilitating an African financial revolution The IT expectation gap Technology to improve business processes Successful software adoption IBM scientists have built a quantum processor-based computer that users can access through a first-of-a-kind quantum computing platform delivered via the IBM Cloud…
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