For the newly appointed CEO of PwC, Shirley Machaba, building a leadership legacy driven by her own values and those of the firm will be her most significant achievement
The crucial need for better performance and greater accountability in public financial management systems has given rise to a call for more CAs(SA) to enter the public service. We spoke to some who are helping to make a difference
Ethical leadership in the current South African landscapeThe business ideals of profit and shareholder wealth maximisation cannot be sustainable if ethics are not engrained in the DNA of the business operations. Kwena Maseko sees the dominance of ethics in current leadership discourses as an appreciation of ethics as the cornerstone of organisational leadership. But what…
Dust is slowly beginning to settle in the ‘Wild Wild West’ of data management and governance, particularly for the accountancy profession, even though there is still a long way to go. A recent report released by the International Federation of Accountants (IFAC) shines some light on the data management value chain and opportunities for the…
Alternative legislation for the winding-up of insolvent companies is urgently required if business rescue is to survive in the long term. When the Companies Act 71 of 2008 (the Companies Act) was brought into operation in 2011, a number of transitional arrangements were enacted, including the retention of chapter 14 of the repealed Companies Act…
Damian Judge, CFO of Trellidor Holdings Limited, shared his views on the concept of integrated thinking by responding to a series of exploratory questions in support of SAICA’s integrated thinking project. How do you define or understand ‘integrated thinking’ as it applies to your company? We look at it as ‘how does the company interact…
JOYFULNESS IS GOOD FOR BUSINESS The results of many studies have shown that happy employees are more engaged, productive and apart from a willingness to go the extra mile, they also contribute more to success and profitability. As a #differencemaker and business leader, you have an opportunity to create conditions for happiness in your business.…
Retired, enjoying life with his wife Kalpana and four children, and sharing his experiences − this is Dr Suresh Kana, reputed ethical leader in our profession. Those who know Suresh are proud of his contributions through the pivotal roles in his career: PwC SA CEO and PwC Africa senior partner, chair of SAICA, non-executive chair…
Some people find the right employer early and stay on to make a success of their career there. Lerato Manti Thato Mathibela (29) has been employed with Nedbank since 2015 and has progressed from being a chartered accounting trainee to holding a leading role in training at the bank today ‘Nedbank has been my first…
Nyawa Dikwayo loves numbers because they help identify developmental needs and create accountability For Nyawa Dikwayo, having a good teacher made all the difference. It was when she got to Grade 10 that her love for numbers and problem-solving was nurtured by an accounting teacher who helped her achieve her potential and planted the seed…
A CA(SA) entrepreneur who has shown courage over the last 30 years is Lynette Badenhorst. She was born in 1967 and is currently managing director of Probeta Training (Pty) Ltd and the brain behind the online learning platform Akhanani Online Training Solutions Spending her days either on the road or in planes, or in airports,…
2020 was a year like no other in our lifetime, with the COVID-19 pandemic ravaging the global economy. Despite the many challenges, women around the globe continued to show up, step up and lead It’s these types of women that global company Practice Ignition named in its Top 50 #WomeninAccounting for 2020 − a list…
The establishment of the Sustainability Standards Board (SSB), which will have consistency in ESG reporting in 144 jurisdictions, would be the beginning of a comprehensive corporate reporting system. Corporate reporting can only be well functioning if it is comprehensive. The more comprehensive, the better the quality of comparability, the more informed the information for users,…
Making a difference through the KZN Film Commission In 2013, Carol joined the KwaZulu-Natal Film Commission (KZNFC) as the CEO and the first employee. This position provided her with an opportunity to shape the design of the new business and its operations. In establishing the KZNFC, Carol took the principal approach that the entity would…
Focusing on things that matter In a series of interviews, I explore the approaches of different business leaders (all of them chartered accountants) to strategy. This month I was in conversation with Jeneen Galbraith, partner at the SMP (small-medium practices) firm of Galbraith Rushby based in Woodstock, Cape Town The same themes usually come to…
As we navigate the turmoil and disruption caused by the COVID-19 pandemic, all eyes are on keeping one another safe while preparing for a post-pandemic world. The custodians of this post-pandemic future are young people – and when one considers that the official unemployment rate for people under 35 in South Africa is 46,3%, the…
A global study reveals that South Africans are more concerned about their financial wellbeing since the onset of COVID-19 but are determined to recover financially. According to the 2021 Schroders Global Investor Study (GIS), 86% of South African investors have spent more time thinking about their financial wellbeing since the onset of COVID-19. This translated…
Your credibility as a speaker is a factor of whether or not your audience can trust you. If trust is a must, how do you maintain your ethics as a speaker and build trust simultaneously? Use the power of story to connect with your audience It is hard for your audience to listen to your…
‘It is curious – curious that physical courage should be so common in the world, and moral courage so rare’ – Mark Twain. How accurately would we rate our individual level of ethical behaviour? Do our choices pass the ethics ‘acid test’? I bought my twin boys ice cream recently. The busy vendor gave me…
In 2018, amendments were made to section 11(j) of the Income Tax Act to provide specific criteria for determining doubtful debt allowances. Further amendments have now been introduced which take effect for years of assessment commencing on or after 1 January 2021. This means that the new rules will effectively apply for the first time…