Africa’s entertainment and media industry is forecast to grow despite consumers’ steep cost-of-living challenges. Since emerging from the grips of the COVID-19 pandemic, various industries across Africa have rebounded relatively well after having to undergo a process of reinvention. Across the continent, key multibillion-dollar industries are navigating new challenges to meet consumer needs and retain…
The two-pot system is a significant milestone in retirement reforms that have taken place over the last decade. It enhances our retirement system, which we expect to improve retirement outcomes for members. The COVID pandemic was the catalyst for the two-pot system. Members were requesting access to retirement savings while still employed to assist with…
The call to have a periodic review of the public interest score (PI score) and its associated requirements should not be seen as a call to have a review every two months, for example like how the Reserve Bank has monetary policy meetings to set the interest rate. The call seeks to move away from…
A global study of 16 423 small and medium-sized enterprises (SMEs) shows that a promising number of SMEs want to make progress on their path to sustainability but are often unable to measure and report on their performance, which prevents them from acting on their ambition. The study, titled Path for Growth: Bridging the SME…
Investing in employee wellness could ensure you have a more sustainable business in 2024. A recent study by the University of Oxford1 in conjunction with Harvard University found that companies with ‘positive workplace cultures are more likely than their competitors to experience subsequent sales growth, stronger earnings-to-asset ratios, greater profitability, higher market valuations, and more…
2023 was a year full of challenges and missed opportunities within the South African and global context. Luckily 2024 is a new year filled with opportunities to self-discover and prosper. Accountants share more than just a love for numbers. We tend to have similar character traits, such as the desire to achieve difficult things and…
The IFRS technical team, the custodian and business partner within Discovery Group, aims to ensure that Discovery complies with IFRS Accounting Standards in accounting and reporting transactions. Giel Pieterse, who leads the team, says what he values about IFRS is its intention to bring transparency and accountability in business reporting GIEL PIETERSE CA(SA) Head: Group…
Michelle Coetzee, a 31-year-old CA(SA) with a master’s degree in Computer Auditing (cum laude), as well as being a PhD candidate and an award-winning CIMA lecturer, added another accolade to her professional accomplishments on 17 November 2023:1st Runner Up in the 2023 Supreme Queen Global Earth Africa competition When asked to describe herself, Michelle says:…
Seen as a maverick, Amir Ghandar is reshaping the contours of the profession with a blend of dedication, innovation, and an unwavering commitment to excellence. To him, a balance sheet is not just a financial statement but a canvas for transformation and impact. As a distinguished Fellow Chartered Accountant (FCA) and the reporting and assurance…
Mark Stirton’s success in the world of finance was born out of a crucible of challenges during his adolescence. He is a visionary business leader with a strategic mindset whose journey is a testament to his resilience and determination to succeed in life − and he has done just that. As former Group CFO of…