Little savings add up I once attended a negotiation course where the presenter told us that if you intentionally set your alarm clock earlier than you need to get up so that you can snooze, you are negotiating with yourself first thing in the morning, and you are losing. Busted! It’s time to start talking…
CEO of W. Consulting Bruce Mackenzie CA(SA) shares his experiences establishing and growing his own small business into a global consultancy. By Eamonn Ryan While many of today’s school leavers cite money as their major inspiration for wanting to become a CA(SA), that novelty soon wanes. In the case of W. Consulting CEO Bruce Mackenzie…
A light at the end of the tunnel? The 2016 budget is not all bad. Did it meet expectations? No. Did it take on high-profile, easy to understand increases that everybody understands the repercussions of, like VAT or personal income tax? No. Is the budget loaded with stealth tax, essentially hiding the real pain points…
HOW TO OVERCOME IT Sweaty palms, a tingling sensation, rapid heart rate ‒ these are just some of the physical symptoms that people feel when asked to speak; it’s officially called glossophobia ‒ fear of public speaking. This fear could also include total avoidance of events that focus on individual attention and result in limiting…
A vital question! This month is a turning point for a large number of businesses on their empowerment journey. Thousands of BEE certificates will be expiring in April 2016. During April 2015 companies rallied to have a final verification done under the ‘old’ codes, expecting that the generic amended codes would become fully effective on…
The issue of ‘disclosure overload’ is not new, neither is it an issue for preparers of IFRS financial statements only. In fact, a number of standard-setters and regulators around the world are attempting to find solutions to the issue of disclosure overload. By Mareli Dippenaar The International Accounting Standards Board (IASB) has found that financial…
While the introduction of a sugar tax and a tyre levy as well as adjustments to the capital gains tax inclusion rates were the talk of the day, there was also mention of yet another revision to the current venture capital company (VCC) provisions. By Greg Tarrant On 24 February 2016, the Minister of Finance,…
A few years ago, when a huge snowstorm hit a city in New Jersey, a local mayor took to the streets, shovel in hand, and helped workers clear paths. He rescued snowbound vehicles and even delivered nappies to a housebound mother. He was also savvy enough to tweet eyewitness observations to over a million Twitter…
In many of my past articles, I’ve discussed the importance of saving. Last month (‘New Year’s Resolutions’) I referred to saving and paying off debt simultaneously. Sometimes it’s the same thing; sometimes it isn’t. If you’re paying off debt, I think the important thing is isolating what debt you’re paying off. I’m perplexed every time…
The Amended Codes require that you address all five of the scorecard elements to achieve one of the eight B-BBEE status levels. Unless significant qualifying contributions were made prior to your 28 February 2016 financial year-end, it is possible that you will be found non-compliant when your 2016 financial year is measured under the Amended…