Have you noticed that problems are solved and decisions are made differently today, especially by millennials? What’s the first thing that they do – and you probably do too, even if you are definitely pre-millennial? They Google it, of course. Back in my day, pre-Google, we’d probably think about what we’d done before in similar…
In the long term, the defining quality of a successful business is not its profit, revenue, or capacity for innovation: it’s how it adapts The world of enterprise is constantly adjusting to the rapid pace of technological change and a key test of your business’ stability and viability is whether it can keep up. But…
In this article, we review the two routes available to qualifying small enterprises that want to achieve B-BBEE compliance. We also discuss the incentives for opting to become compliant as soon as possible A Qualifying Small Enterprise (QSE) is, generally, a company with an annual turnover between R10 million and R50 million. There are two…
When a company’s strategic focus turns to equity raising, it is critical for the company to determine what type of investor will best support the company’s strategic imperatives over the long term. Robert Peché, Corporate Finance Associate at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions services, highlights the key…
Many businesses require additional capital to grow the business or to facilitate the exit of an existing shareholder or partner. Some of these businesses do not qualify to obtain funding from a bank, or the balance sheet cannot afford additional loan funding. In other instances, equity funding may be preferred for long term strategic reasons…
Making money in a business does not only depend on profit margins, growth in turnover and growing market share. The manner in which the business is financed can also have a substantial impact on the shareholder returns generated by the business. It will serve any business to have a strategic look at its balance sheet…
By Ankur Prakash, Vice President, New Growth and Emerging Markets, Wipro Limited 30 October 2017 As we race towards an uncertain future, one thing’s for sure: Artificial Intelligence (AI) is here to stay. We cannot know exactly how it will reshape our work, our businesses, and our lives in general, but there are some fascinating and…
When you type ‘Why do women __’ into Google Search, the first term that comes up is ‘wear makeup’. The second is ‘need men’, the third ‘pull away’. There is even one that says ‘play hard to get’. Clearly, some Googlers have issues … Interesting is how these terms resonate with other misperceptions about women…
Since adopting the Standards of Generally Recognised Accounting Practice (GRAP) on impairment of assets, stakeholders shared practical challenges on the application of those standards with the Accounting Standards Board. This article discusses these challenges and steps taken by the board to respond to those challenges GRAP 21, Impairment Non-Cash-Generating Assets, and GRAP 26, Impairment of…
Challenges are being faced in the implementation of the new auditor’s report. Here are some tips gleaned from auditors’ initial experiences The most prominent change in the auditor’s report under the new and revised auditor reporting standards is the communication of key audit matters (KAM), which provides more entity-specific and audit-specific information to the users…