VIEWPOINT: WHO’S THE BEST?

As another investment year draws to an end, it’s the approach of the investment industry’s annual ‘Oscar season’. While asset managers uniformly downplay short-term investment performance in favour of three-, five- and ten-year cycles, there’s no doubt they’re as keen to tread the red carpet. At stake is bragging rights for the best-performing investment group;…

SPECIAL FEATURE: PUBLIC SECTOR

Overview of 2014‒2015 Local Government Audit Outcomes IPSAS Adoption in Africa An update on supply chain management reforms Creating public value Provincial Treasury commits to training future financial leaders OVERVIEW OF 2014‒2015 LOCAL GOVERNMENT AUDIT OUTCOMES The Auditor-General’s 2014‒2015 report on local government audit outcomes shows a commendable slight increase in clean audit opinions and…

VIEWPOINT: TAX OMBUD: INFLUENCE TO BE STRENGTHENED

INFLUENCE TO BE STRENGTHENED  During October 2015, the University of Johannesburg hosted a round table discussion with the Tax Ombud, Judge Bernard Ngoepe, and leading industry tax specialists, addressing challenges. The key takeaway from this event was that further legislative amendments are required to further strengthen the influence of the Office. It is encouraging to…

VIEWPOINT: NEGOTIATING INSURANCE PREMIUMS

The current economic climate has placed many South Africans under financial strain. As a way to cut costs, some people may even consider reducing or stopping monthly insurance premiums. However, this can be a costly mistake as it leaves them exposed to potentially even greater financial risk in the future. Instead, people should rather approach…

SPECIAL FEATURE: TRANSFORMATION

Transformation: accelerating the vision forward The Top 10 challenges to B-BBEE Boost your B-BBEE score TRANSFORMATION ACCELERATING THE VISION FORWARD While an unacceptably high number of South Africans are still not participating in the economy, there is another issue at hand ‒ women are just not managing to break through the glass ceiling and simply…

ANALYSIS: RAISING THE STAKES…

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…

ANALYSIS: AUDITOR CLIENT RELATIONSHIPS

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…

LEAD: Top 35-under-35: MEET THE FINALISTS

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…