26 SEPTEMBER 2019, JOHANNESBURG — There’s a new way to combat rising identity fraud in South Africa thanks to a locally developed app called WhoYou™ which turns smartphones into advanced ID fingerprint scanners. Latest statistics from the South African Police Service (SAPS) have shown a total of 83,823 commercial crime cases were reported in the…
By Hayden Sadler, Country Manager According to Statistics South Africa, the economy shrank by -3.2% in the first quarter of 2019. This ongoing economic downturn has had an impact on many industries, forcing them to relook at the way they do business. In the financial services sector in particular, it has become important to minimise…
Founders, directors and employees of start-up companies in South Africa should be aware that acquiring or owning shares carrying restrictions such as ‘lock-ins’ could land them with a tax liability at 45%. ‘If you hold restricted shares, you pay a much higher tax rate when you exit or when the restrictions lift– at the marginal…
Debbie Goodman-Bhyat Managing teams comprised of a range of generations is a growing challenge for leaders and, if this challenge is not constructively and proactively addressed, it can have a substantial negative impact on affected employees and ultimately the organisation, a leadership expert says. “As more and more people put off retirement until later, whether…
Allianz Global Wealth Report: South Africa’s financial assets decline by 3.2% Global financial assets fall in 2018 for the first time since the financial crisis Convergence between poorer and richer countries comes to a halt Growth in liabilities stabilizes at high level Global wealth middle class stagnates Allianz unveiled the tenth edition of the Allianz…
Cloud in Practice 2019 was SAICA’s first ‘silent’ conference with two concurrent streams running where delegates tuned in via headphones to listen to their chosen stream speaker. It was a great success. If you missed it, check out some of the highlights here.
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As we await the all-new Mazda 3, there have been some additions to the local line-up. The Mazda3 Astina and Astina Plus now have some new additions. Continuing the rollout of Mazda’s Skyactiv technology, Mazda has introduced Skyactiv-Vehicle Dynamics. This is a series of newgeneration vehicle motion control technologies that provide integrated control of the…
Nowadays, everyone is talking about blockchain. But what could it mean for auditors? Does the availability of unchangeable, verified information reduce the need for auditing – or just shift the focus of the auditor’s responsibilities? This article focuses on the analysis of blockchain, its use for financial and operational information and the potential impact that…
The proposed amendments to the JSE listing requirements impact the entire financial supply chain, from management to those charged with governance, including audit committees and external auditors who perform reasonable assurance engagements on the issuers’ financial statements. READ ARTICLE