Directors and managers may now be held criminally liable and be jailed for cartel conduct, although criminal liability provisions do not apply to cartel conduct engaged in before 1 May 2016. By Gomolemo Kekesi and Elisha Bhugwandeen Until 30 April 2016, the penalty for cartel conduct was an administrative fine imposed on firms.1 But as…
The Independent Regulatory Board for Auditors (IRBA) envisage that the disclosure of audit tenure will lead to greater transparency regarding the number of years of the association between audit firms and audit clients, thus strengthening auditor independence in South Africa. By Franeli Bredell Audit regulators globally aim to protect the interests of investors and other…
Charl de Villiers Johnathan Dillon Alta-Mari Grebe Carlo Botha George Diab Huzaifah Elias Chantelle Loots Tumi Hlongwane Waseem-Ahmed Carrim Johan Ferreira Raymond Ledwaba Faraimose (Mose) Kutadzaushe Louw Barnardt Siyanda Gule Graeme Marais Greg Magid Liaan Kretzchmar CHARL DE VILLIERS, 31 CHIEF FINANCIAL OFFICER, STELLAR CAPITAL PARTNERS LIMITED Ideally, Charl de Villiers would have wanted to…
I met a new partner at the firm I was working at a few years ago along the corridor. He looked quite young that when he asked me for directions to a meeting room, that I happened to be going to as well, I thought he was a new manager. I soon found out he…
I have a couple of friends who work in the retail industry and the one ‘perk’ that comes with that is the very generous staff discounts. So much so, that it seems to succeed in convincing such employees that it would never make sense to leave the employment of said retailer. From the company’s perspective,…
Your brain makes decisions either by taking its time or through mental shortcuts based on past experience. As a speaker, if you present too much information, your audience will take longer to make a decision. Most speakers make the mistake of overwhelming their audience by using complicated PowerPoint slides. DESIGNING IMPACTFUL POWERPOINT SLIDES Choose simple…
In terms of the amended codes, an exempt micro enterprise (EME) only has to provide a sworn affidavit to substantiate its B-BBEE status, which is an automatic Level 1, 2 or 4 depending on the level of black ownership. This provision has also been extended to qualifying small enterprises with an annual turnover between R10…
Refilwe Matenche Aamena Lambat Sebenzile Mathebula Denise Maré Uvitha Pather In a recent IBM global survey of more than 1 500 CEOs from 60 countries and 33 industries worldwide, creativity was selected as the most crucial factor for future success. Crazily enough, it ranked above hard work, discipline, integrity, or vision. Yes, creativity. This fact…
Editor’s letter Transformational leadership According to an article published by Forbes about the world’s greatest leaders research shows that in order to lead and do business in the modern era leaders need to exemplify a new model of leadership. A model where leaders must influence a variety of groups over which they have no direct…
Chartered accountancy has a long history of being a male-dominated profession. Indeed, according to the most recent member statistics from the South African Institute of Chartered Accountants (SAICA), only 35% out of all of South Africa’s registered chartered accountants (CAs[SA]) are women, with female African CAs(SA) making up just 5% of total membership. While still…