An understanding of how value and its interpretation ultimately affects humanity is needed – a poignant lesson that corporate governance attempts at teaching us. On the 20th anniversary of the LeisureNet collapse and subsequent revisions in corporate governance and legislation protecting whistle-blowers, South African stakeholders are regrettably still experiencing losses at the hands of unscrupulous…
Working from home has resulted in an increase in the use of digital platforms and is now an integral part of our day-to-day lives which we refer to as the ‘new normal’. Commonly used platforms are Zoom, Microsoft and Google. Users are focused on getting the job done and seldom focus on cybersecurity while engaging…
The chartered accountancy profession has made great strides in building a solid pipeline of prospective chartered accountants (CAs(SA)). Now it is strengthening the public and private sector by professionalising finance professionals. I believe that in the 40 years of its existence SAICA has done very well in terms of creating high-quality CA(SA) professionals serving different…
For vulnerable groups of people in South Africa (mainly the youth, women and South Africans struggling with chronic poverty), job creation, entrepreneurship and sustainable small and medium-sized entities must be the focal point of SDG 8: ‘Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all’. The rapid growth…
One of the first beneficiaries of SAICA Thuthuka Education Upliftment Fund is making her mark in the chartered accountancy profession as well as corporate South Africa and is lifting others as she rises. Buhle Hanise, currently CFO at Chinese automotive company BAIC South Africa and deputy president of African Women Chartered Accountants (AWCA), reflects on…
We are excited to introduce to you SAICA’s three new international member representatives for Europe, the Middle East and Africa, the Americas and ASPAC. Meet Mark Chasey CA(SA), Natasha Holbeck CA(SA) and Gary Sherwood CA(SA), who will playing a vital and active role in their respective regions to engage with SAICA’s members. They will be…
Business Owner and Public Speaking Trainer If I gave you ten steps to discover the speaker within you, would you take part in the challenge? I believe that most people are afraid to speak because they base their speaking on misleading information that creates an inauthentic speaker. Once you are aware of these speaking myths…
Muneer Hassan CA(SA)Tax Consultant, Senior Lecturer inTaxation at UJ and Lecturer on the Gauteng Board Course When a loan owed by a company is settled by conversion into share capital, it holds potential tax implications for both the debtor and creditor. The purpose of this article is to focus on the tax implications for the…
It is with deep sadness that the South African Institute of Chartered Accountants (SAICA), learned of the passing of its member, Zweli Mabhoza on Thursday, 03 December 2020. Zweli qualified as a Chartered Accountant (SA) in 1998 and served on numerous SAICA structures over a number of years, making a significant contribution to SAICA in…
Wadzanai Mabuto CA(SA)Senior Lecturer at theDepartment of Accounting at UJ ‘We are each given different gifts and talents by our Master. The thing that matters most is how we use what we have been given, not how much we make or do compared to someone else. What matters is that we spend ourselves’ – Francis…