Ethics and internal financial controls adding value to the public sector The public sector in South Africa is faced with a huge challenge: a limited pool of financially qualified people. The other concern is ensuring that employees are ethically inclined. To resolve these challenges, National Treasury is rolling out Accounting Technician training programmes to upskill those…
Ever hear the phrase “Trying to solve for one problem, creates another” Working from home to reduce COVID 19 infection rate has created another – AN ENDLESS WORKING DAY! With the unwinding of Lockdown, most people will still be advised to work from home. Having to sit for more than 8 hours a day in…
COVID-19 crisis points to the need for robust succession plans Institute of Directors in Southern Africa 28 April 2020 Scene of Public indoor with barrier tape .Closing building during coronavirus COVID-19 epidemic concept Although it’s recommended in King IV, succession planning is often neglected because it’s an uncomfortable subject. The COVID-19 crisis should act…
Will the COVID-19 crisis close the wage gap? Internationally, there is a growing trend to reduce executive pay in response to the current COVID-19 crisis. South Africa is following the trend, with several private sector companies voluntarily announcing reductions and donations in executive pay, among them Woolworths, EOH, FirstRand, Vodacom and Sibanye. The South African…
The economic impact of COVID-19 SAICA hosted a webinar on 6 April 2020 where Chief Economist for Investec Bank Limited South Africa, Annabel Bishop, spoke about the effects of Sub-investment grade Status and the Coronavirus on our country’s already struggling economy. The South African Institute of Chartered Accountants (SAICA) is offering a Leadership in a…
Turning crisis into opportunity During lockdown, you may not be able to work in your business, but investor and entrepreneur, York Zucchi, shares expert tips on how you can work on your business Johannesburg, 23 April 2020 – If there’s anyone who knows how tough running your own business is, it’s entrepreneur and investor, York…
Video Series: Tactics to thrive during lockdown, by Dineshrie Pillay CA(SA): This series of videos were created to assist you during lockdown. 1. Bringing routine 2. Time management 3. Staying motivated 4. Regulating sleep patterns 5. Managing your calendar
How to save a company from the impact of COVID-19 By John Evans CA(SA) – RS Advisors Johannesburg, 17 April 2020 – The global outbreak of Coronavirus and the subsequent national lockdown announced by President Ramaphosa in March 2020 have undoubtedly impacted many companies. John Evans from RS Advisors, and a member of the…
Business Rescue: Economic Remedy For Covid-19? By Professor Raj Rajaram The COVID-19 virus has ruthlessly battered the world’s economy and its citizens’ health. The timing of the virus infection and the subsequent lockdown could not have been worse for South Africa. Our economy, already grappling with low GDP growth and high levels of unemployment, suffered…
Practical steps during and after the Covid-19 lockdown for business recovery (and growth) Right now, most owners of small and medium size (“SME”) businesses have been out of business for three weeks. Some have been able to continue paying their employees, their rent, their utility bills, their creditors – others have not. With another two…