The Income Tax Act has tax consequences for both the debtor and the creditor when a debt is waived as a result of a concession or compromise. Even though symmetry is achieved when calculating the tax implications, for the debtor it causes inconvenience and economic hardship. Muneer Hassan CA(SA) Tax Consultant, Senior Lecturer in Taxation…
Public finances are the lifeblood of service delivery and safeguarding them, and their stewardship requires a special kind of expertise. Chartered accountants are increasingly making a difference in the realm of public finance and risk management. One such individual who not only excels in his role but also leaves a lasting impact at his organisation…
In a world brimming with endless possibilities and boundless dreams, Nina Josephs stands tall as a testament to the power of perseverance and passion. Stepping into her new role as financial manager at SanlamAllianz, Nina’s story speaks volumes about resilience, determination, and the courage to chase after one’s aspirations. Born and raised in the vibrant…
What happens when an army officer decides to trade his camouflage for a suite? The answer lies in the inspiring life of Graham Richardson who turns 87 this year. His journey could be summed up as ‘a life dedicated to excellence’. Graham’s story isn’t just about crunching numbers but more about the persistence of excellence…
As South Africa’s first black chartered accountant, Professor Wiseman Nkuhlu has pioneered the way for many, many others to succeed in life. We give him a standing ovation for what he’s achieved and remain inspired by his remarkable and unique style of leadership. He is a man who always knew he was born for a…
HUAWEI has recently unveiled its latest offerings, the MateBook X Pro and MatePad 11.5″S, heralding a shift towards fostering creativity within the theme “Creation of Beauty” which is a concept it launched in December 2023. The MateBook X Pro inherits HUAWEI’s legacy of technological innovation and aesthetic design, delivering a lightweight powerhouse with its Intel®…
Embarking on a journey through uncertainty requires more than sheer determination; it calls for the right coach or mentor who profoundly understands and aligns with your values and aspirations. This isn’t merely about bridging knowledge gaps but about elevating perspectives, challenging boundaries, and illuminating awareness of opportunities. Usha Maharaj CA(SA) Passionate about women empowerment and…
Sustainability financial reporting is coming, we just don’t know when, how quickly, or the exact details. But in South Africa, we have experience of how it might impact non-listed companies and SMEs in the shape of BB-BEE compliance and its cascading requirements. We can already start sketching the outlines of ESG reporting in South Africa…
The sight of kids borrowing shoes from each other in order to go to the rest rooms inspired Tinashe Zano CA(SA) to venture into the footwear space. This entrepreneur was so inspired that he named his brand Nspire. <!doctype html> At 34 years of age, Tinashe’s goal is to make someone feel that they…
In the bustling heart of Pietermaritzburg, amidst the hallowed halls of academia, an extraordinary tale of love and mutual understanding unfolded. It was not marked by grand gestures or clichéd pick-up lines but by the quiet harmony of shared experiences and a deep-rooted connection. Meet Vanessa and Gareth Gregory, a dynamic duo of chartered accountants…