In the COVID-19 era, beneficial ownership could be one of the commercial triggers to reignite the South African economy. Financial crime is a significant problem that we as a country, and indeed a global community, have to deal with almost continually. Hardly a week passes without hearing of a case involving fraud, corruption or looting…
In the wake of the COVID-19 crisis, SAICA brings together a star-studded panel of CAs(SA) to discuss the steps the industry needs to take to ensure growth and transformation of the industry pipeline. As a country and as an economy, we are only as strong as our financial systems. And that is much broader than…
The new normal is redefining the new investment landscape, but is it really that bleak for Africa? There is plenty of cynicism and negativity when it comes to South Africa and investment in its future. The recent downgrade by Moody’s was felt particularly keenly in light of the COVID-19 national lockdown and the inevitable economic…
We are living in unprecedented times, and the COVID-19 pandemic is affecting everyone differently: we are in the same storm but not in the same boa. The lockdown following the outbreak of the COVID-19 pandemic is resulting in significant financial strain. Many employers are unable to pay salaries or have been forced into a position…
The arrival of the novel coronavirus has received much media attention coverage over businesses, vulnerable communities and the economy. This article highlights a few critical aspects of how COVID-19 has impacted CAs-in-training from the perspective of Wits School of Accountancy lecturers. COVID-19 first hit South Africa in March 2020. Wits took the decision to bring…
Alex Granger It may be an understatement to say that we are going through a period of change. But while there is so much negativity around us, there is also the opportunity to work on our future selves. Which is why SAICA invited Dr Alex Granger, one of Africa’s top executive coaches, to speak at…
Although the COVID-19 pandemic is primarily a healthcare pandemic, it is causing considerable uncertainty and fear and also brings with it possibilities and opportunities in both South Africa and the rest of the world to create a post-COVID-19 world with new business, social and economic structures. Even before COVID-19, the complexity facing leaders was intensifying…
‘As SAICA celebrates its fortieth anniversary this year, we remain committed to our higher purpose of building a better world and illustrating the integral role our noble profession plays in securing the future of our country,’ says SAICA CEO Freeman Nomvalo. ‘For South Africa, our top three areas of concern remain the lack of access…
Mandi Olivier, SAICA Senior Executive and head of Professional Development (Pre-Qualification), shares insights on the role accountants will play in the future and what they need to do to remain relevant, including a new approach to Continuous Professional Development. If there is one thing COVID-19 has taught us, it is the need to be agile…
With COVID-19 hitting the South African shores in March 2020, the South African government enforced a strict lockdown bringing an already battling economy to its knees. To try and compensate to some extent for this, on 21 April 2020, the President of South Africa, Cyril Ramaphosa, announced a R500 billion (bn) fiscal support package, writes…