What does the future of accounting look like? By Avika Ramdhani, Director: Accountants, Partners and Alliances at Sage The latest episode of the #NextGenAccounting podcast series explored this very question. Chatting to accounting lecturers and students from the University of Pretoria, it was agreed that accounting is no longer just a numbers game. It’s about…
Recent events in both the public and private sectors are again highlighting the key role that proper succession planning plays in supporting any organisation’s sustainability, particularly when it comes to CEOs and governing-body chairs. Poor succession planning inevitably creates a leadership vacuum at both governing body and executive management level resulting in a loss of…
Businesses and third parties share complex relations. While each will prioritise their own bottom line, they need each other in order to operate. But deciding to go into business with a company requires many background checks to ensure you are making a wise decision that will not put your company’s reputation at risk. It is…
Kusile and Medupi power stations continue to come under fire as poorly managed and ill-designed, remaining years behind completion dates amidst drastically rising costs that now stand at R300-billion, by conservative estimates. Despite being the most expensive projects in the world, these stations are reportedly failing in reliability, achieving a 40% rate at best. In…
An ETF aims to passively mimic the performance of an overall index, such as the JSE, by tracking the movements of the underlying basket of shares or assets that make up that index. These instruments differ from actively managed investment products like unit trusts in that they tend to have very low costs as they…
By Alessandra Pardini, a Partner at Webber Wentzel Power shortages and a transition to a lower-carbon future, in line with SA’s Paris Agreement commitments, will require the country to harness new technologies. Energy storage, which will be a critical element of a modern power system, offers potential for local industrialisation and job creation. South Africans,…
IT hardware has an estimated residual value of around 10%, this means South Africa’s largest companies could be receiving up to R4-million at the end of a 3-year depreciation cycle. If CIOs don’t act swiftly to recover residual value from their redundant IT equipment, staff will pocket the money. This is according to Xperien CEO…
Authored by: Muhammed Goolab, Executive Committee Member of the South African Rewards Association Despite years of progress and an increased awareness surrounding gender equity in the workplace and society in general, women bare a disproportionate responsibility when it comes to childcare. This, combined with social expectations and gender stereotypes, are seen to place women at…
Is your data delivering information or is it just data? By Lyall O’Carroll, of Seidor Bluekey Each year, the SME Survey is released by SME Survey (Pty) Ltd. In 2018, the survey focused on accounting functions and the future role of accountants. Conducted among 1,400 SME decision makers, data showed that despite SMEs being traditionally…
After qualifying the long way as some would say, Damian Judge pursued the gruelling ‘part-time studying, full-time working’ route to become a CA(SA). He worked his way to financial director for two companies, Advanced Polymers in Johannesburg and Kaytech in Durban. When moving into commerce, Damian admits Advanced Polymers took a chance on a young…