South Africa has adopted the co-regulation model for ensuring that the independence of the auditor is not impaired. While the legislative regime in the Auditing Profession Act 26 of 2005 (APA) has primacy, the auditor independence provisions contained in the Companies Act 71 of 2008 (Companies Act) play an important role in complementing the legislative…
According to PwC’s 24th Annual Global CEO Survey for 2021, CEOs were ‘extremely concerned’ about the spread of misinformation. At its core, misinformation reflects today’s historically low levels of trust. In order to protect stakeholder trust, boards must take a broader and more holistic approach in identifying and managing risk. One such approach to risk…
Or a Tongaat, an African Bank, an Eskom, an SAA − the list goes on. It is a question that should be top of mind of those who are employed and are seeking employment, those who have invested hard-earned money in banks and large corporations, and those who are saving for the future, as well…
Worldwide financial markets have been rocked in the past few years by corporate scandals and the very first question is: ‘Where was the auditor?’ However, the question should rather be: ‘Where were the guardians of governance?’ In performing an audit, the auditor is heavily reliant on the internal controls and governance implemented by the organisation.…
Compulsive job-hopper, sense of entitlement, little time for experienced colleagues – sound familiar? These are the three main stereotypes used for millennials in the workplace. A CA(SA) millennial intrapreneur who proves this wrong is Inacio Dos Santos, born in 1982 and currently CFO for the Middle East and Africa (MEA) region of Kantar, a multinational…
Robyn Vilakazi is a seasoned public sector financial management professional who has spent her career serving citizens Robyn Vilakazi first learnt about the chartered accountancy profession in high school because of her strong maths and accounting skills. ‘I come from a working-class background, and I had no prior exposure to careers in finance. People said…
The COVID-19 pandemic brought Sarah Cromhout’s international work experience to an abrupt halt – but opened a door that allowed her to help some of the poorest families in the rural Eastern Cape An empty boardroom with four phones placed on the floor. That’s what Sarah Cromhout found when she started her first day of…
In an era in which our country’s leaders are often exposed for their lack of integrity, it is refreshing to spend some time in the company of a man who values integrity both in business and in his private life. Mandie Wentzel spoke to Ignatius Sehoole, CEO of KPMG South Africa Shortly after Valentine’s Day…
Whether you are an SMME driving your business goals on your own during this time, a boss leading a team through virtual means or an employee working remotely, take a moment to pause and reflect on the past year and a half and ask yourself, am I thriving or surviving? Are my daily work habits…
The surge of mobile payments in Africa following the onset of the COVID-19 pandemic has seen the rise of financial technology unicorns on the continent. Using your mobile to pay for goods, services, send and receive money has become easier and more secure than ever Flutterwave, ChipperCash, Interswitch, Paga and OPay are five African financial…