Naspers-backed cryptocurrency exchange Luno is predicting institutions to start testing the digital money market in 2019 despite the sell-off of bitcoin and other flagship coins over the past 13 months. According to data from Luno’s South African exchange, the price of bitcoin slumped from a high of R264 825 in December 2017 to R52 582…Details
Technological disruption is so radically transforming industries across the spectrum that it is referred to as the ‘Fourth Industrial Revolution’. At the forefront of this global revolution are chartered accountants like Frans Hiemstra, head of partner channels at Uber. While almost every industry, from finance to farming, is impacted, Uber stands out as one of…Details
According to Bloomberg, scientist He Jiankui, who altered the genes of twin baby girls as embryos, is in serious trouble with the Chinese government for breaching laws and ethics. Besides his work leading to a second pregnancy created with a gene-edited embryo in a volunteer, he is reported to have ‘seriously violated ethics and scientific…Details
The will and dedication of most people working in organisations will ensure a mindset that values professional scepticism, as a key audit criterion, over commercial considerations alone. Read the full article here.
Lungelo Ngobese, a 21-year old student from Richards Bay studying at Stellenbosch University, clinched the winning spot for his insightful and solution-driven essay at SAICA’s 10th annual leadership summit. He details how CAs(SA) can improve the communities and hometowns from which they come. Read the full article here.Details
In 2011, the New York Times published an article specifying the top 10 reasons small businesses fail. Number 4 on the list was ‘poor accounting’. The thrust of the theory is that an external accountant cannot keep a watch over the business; business requires an internal interested professional to perform that function. Read the full…Details
Flourishing organisations have an amazing ability to harness energy for growth, through their culture and people. They also have energy in reserve for tough times. How are we able to work with energy and notice what increases and depletes energy? Read the full article here.Details