When the Auditor-General South Africa (AGSA) releases its annual audit outcome reports, state-owned companies (SOCs) are usually accused of being run poorly and not sticking to good governance guidelines. The numerous challenges CFOs of these organisations face – including basic upskilling of their teams to enhance the finance capabilities required to produce financial information (financial…
It’s common company practice to stick to a three-year cycle to update and upgrade employees’ computers and laptops, but many of these devices still have years of use to go. So, instead of sending them off to the recycling depot, rather follow DriveRisk’s example in donating them to a worthy cause. Here’s how the country…
Tennyson Botes, who was recently appointed interim CEO of the Western Province Cricket Association (WPCA), shares his journey toward attaining South Africa’s premier business designation, Chartered Accountant South Africa (CA(SA)) For 18 years now, the Thuthuka bursary has been empowering South Africa’s youth from previously disadvantaged communities with educational support to pursue the accountancy profession…
Kobus Stadler is one of the youngest CAs(SA) to qualify in South Africa. He walked straight from finishing home school into his first job interview at BGR Jacobs Bester Griessel, a small accounting/audit firm in Worcester, Western Cape, while starting his degree part-time at Unisa. He was just 15 years old. Kobus Stadler says that…
Dr Mitan Nana CA(SA) It is now up to you to decide through your actions and your sense of responsibility – both to yourself and perhaps more importantly to others – just how safe you would like to be. Not even three months ago, I would have been laughed at had I even dare suggest…
With a background in financial management and business valuations, I have always been intrigued by ‘strategy’, the thing that ultimately sets a company apart from the next and probably, together with strong leadership, the main driver behind sustained value creation. In a series of interviews, I will be exploring the different approaches of different business…
In the COVID-19 era, beneficial ownership could be one of the commercial triggers to reignite the South African economy. Financial crime is a significant problem that we as a country, and indeed a global community, have to deal with almost continually. Hardly a week passes without hearing of a case involving fraud, corruption or looting…
In the wake of the COVID-19 crisis, SAICA brings together a star-studded panel of CAs(SA) to discuss the steps the industry needs to take to ensure growth and transformation of the industry pipeline. As a country and as an economy, we are only as strong as our financial systems. And that is much broader than…
The new normal is redefining the new investment landscape, but is it really that bleak for Africa? There is plenty of cynicism and negativity when it comes to South Africa and investment in its future. The recent downgrade by Moody’s was felt particularly keenly in light of the COVID-19 national lockdown and the inevitable economic…
We are living in unprecedented times, and the COVID-19 pandemic is affecting everyone differently: we are in the same storm but not in the same boa. The lockdown following the outbreak of the COVID-19 pandemic is resulting in significant financial strain. Many employers are unable to pay salaries or have been forced into a position…