ACOUNTANCY IN MOTION: Sustainable Motoring

Sustainable Motoring Is there a term referring to efficient and realistic alternatives to fossil-fuelled internal-combustion engines? Let’s start by dispelling a rumour that is the source of numerous internet debates. No reliable evidence exists to suggest that the carbon footprint of the Toyota Prius exceeds that of a Hummer. However, importing the Prius does not…

DISPELLING THE DARKNESS SURROUNDING AUDITING

What are the common misconceptions about auditing and auditors? Sadly, many people have a rather negative impression of the word audit. Many associate an audit with international corporate collapses since auditors had some role in these. Others think that an audit involves someone who has accounting knowledge and prepares an entity’s year end financial statements.…

TAXES: Withholding behaviour

We all pay tax. Sometimes we pay it over to SARS ourselves. But, at least as far as individuals are concerned, it is usually withheld by someone else, who then pays it over. The most ubiquitous form of tax is probably VAT. Even the humblest among us pays VAT. In fact, it’s almost impossible to…

WINE ROUTE: Pinotage or coffee or both?

Bertus “Starbucks” Fourie is credited with starting the wave of popularity of the new “Coffee, chocolate, mocha, cacao” flavoured Pinotages which have been the popular choice “receiving most votes overall” from those attending Winex, which was held in Cape Town recently. And, interestingly, have been studiously ignored by most of the judges in the annual…

SPECIAL REPORT: SUSTAINABILITY 2009 – 5

Spier – a wine estate in search of a sustainable future At the foot of Africa, in the heart of the Cape Winelands is a business intent on doing things differently. While producing award-winning wine, and offering a luxury experience in its four star hotel and conference centre, Spier estate’s primary focus is to balance…

SPECIAL REPORT: SUSTAINABILITY 2009 – 1

Earth observation in South Africa and its impact on business On 17 September 2009 South Africa’s first operational earth observation satellite (SumbandilaSat) was launched from the Baikonour spaceport in Kazakhstan on board a Soyuz rocket. This satellite is a microsatellite with a number of ‘payloads’. The primary payload is a multispectral imager (camera) that will…

SPECIAL REPORT: SUSTAINABILITY 2009 – 6

Taking sustainability seriously in telecommunications – the triple bottom line is vital The need to create organisations that are not simply efficient and profitable but also sustainable, is at the heart of the drive across the globe to improve corporate governance. However, developing sustainable business models goes beyond simply guaranteeing that a company is around…