Turning hidden gems into gigantic profitsMariam Cassim says her day starts ‘in much the same way as any other typical mom’ – a surprisingly down-to-earth revelation from a woman who transformed Vodacom Financial Services from a loss-making company of R88 million to a profit-making business of R1 billion within three years. But realising an opportunity…
On 14 February SAICA announced that 2 024 of the 3 560 candidates who wrote the Assessment of Professional Competence (APC) evaluation in November 2019 successfully met the assessment’s requirements and who have therefore achieved the standard of excellence that makes them relevant for the market. ‘SAICA would like to congratulate the cohort of 2019…
BMW has always ensured that it kept up with the needs and expectations of its customers, and the all-new 3 Series is no exception. Apart from looking super sophisticated yet sporty, the new 3 Series has become a lot bigger and more suited to its customer profile of a young executive who may need a…
Many of South Africa’s most prominent entrepreneurs also happen to be CAs(SA). They spoke to Monique Verduyn about what it takes to run a successful business in a tough economy. Entrepreneurial endeavours have had a large-scale impact on economic conditions, business environment and job generation in South Africa. Entrepreneurs help drive change through innovation, where…
Data is the new oil − driving business transformation that will enable your company to gain a competitive edge and stay at the forefront of digital disruption. Ask any entrepreneur what they think is required to succeed and you will likely get ‘funding, funding, funding!’ as a response. Albeit true for some businesses, it is…
The Intergovernmental Fintech Working Group (IFWG) has published its first Fintech Landscaping Report. Fintech is technology-enabled financial innovation which can lead to new business models, applications, processes and products, and is transforming the financial services sector globally. Fintech has the potential to reduce costs and frictions, increase efficiency and competition, narrow information asymmetry, broaden access,…
Financial Consultant & CoachConsidering the current state of the economy and challenges in South Africa, more people turn to entrepreneurship. Some because they want to, others because they have to because of retrenchments, unemployment and financial strain. Entrepreneurship can provide a solution to many challenges though Ronel Jooste CA(SA)Director at FinanciallyFiTLifeand author, speaker and radio…
The nature of the COVID-2019 pandemic reaches into every sphere of society – political, economic, social, technological, environmental and legal – necessitating careful consideration of the long-term consequences of our decisions in response to the pandemic and requiring alternative futures to be considered. The purpose of this article is to describe four possible alternative futures…
IFRS 9 Financial Instruments carries forward the concept of dealing with accounting mismatches from IAS 39 Financial Instruments. As accounting mismatches will continue to exist in the foreseeable future as a result of the inherent structure of the global banking system, it is necessary to allow for their proper treatment in the reporting entity’s financial…
These are a few thoughts about how (not) to think about the future aimed at setting the scene for a short series of articles that are scheduled to appear in the next few issues of Accountancy SA. These (and many other) proven experts in their respective fields fell into the trap of paradigm paralysis −…