As a society living in an information era, we have the power of using the Internet to research any topic for ourselves. This presents a problem for speakers whose speaking slots have been reduced, when previously they were given longer slots to deliver information. Speakers of today need to be able to deliver content in…
National Treasury’s budget-setting process is quite complex, yet transparent and robust. This ensures that proper stakeholder consultation and input are taken into account before the final Tax Amendment Acts are signed into law. Muneer Hassan explains the process and how SAICA contributes to it: The annual National Treasury budget-setting process begins in November each year…
Muneer Hassan highlights changes to consumption tax in the 2015 budget: A summary of some of the tax-related budget proposals appears below. FUEL TAXES The general fuel levy will increase by 30,5 cents per litre and the Road Accident Fund levy by 50 cents per litre on 1 April 2015. The total increase in the…
Broad-based black economic empowerment is no longer an annual compliance issue. To benefit fully from transformation it is now all about being strategic, having good administration systems in place, and ultimately understanding the impact that transformation will have on a business. Anton de Wet explains The amended codes of good practice on broad-based black economic…
Own yours Mahatma Gandhi once said: ‘I want freedom for the full expression of my personality.’ Over the last 12 months I’ve been blessed to have experienced freedom like never before. In Sweden, I was introduced to their ‘right of public access’ to roam the beautiful countryside without restriction. Then, during our December holiday, I…
PwC launches ‘Into Africa – the continent’s cities of opportunity’ report to highlight the potential of the continent: African CEO Forum, Geneva 2015 Today at the African CEO Forum of 2015 in Geneva, PwC launches the first edition of its ‘Into Africa – the continent’s cities of opportunity’ report, which details the potential of 20…
Being a leader in software development, being cutting edge when things change so fast, is what you want need to stay ahead of the pack. Being a leader in business often means the opposite. ‘Leadership’ seems to imply leading on all fronts, stepping into the unknown, going first. But realistically, business leaders have wide-ranging responsibilities,…
This article is the third in a series of six that explores six common mistakes that can negatively impact one’s personal financial situation. MISTAKE NUMBER THREE: NOT HAVING ENOUGH INSURANCE COVER The main purpose of insurance cover is to place the insured (or their beneficiaries) in the same financial position as before an unforeseen event.…
Last month we spoke about avoiding regret and how that influences our decisions. I introduced the irrational behaviour apparent when people sell shares: that of selling shares that have made a profit (winners), rather than those that have made a loss (losers). It’s known as the ‘disposition effect’, where we sell shares that performed well…
The Independent Regulatory Board for Auditors has recently issued a guide for registered auditors that sets out the scope, purpose and nature of the engagement on attorneys’ trust accounts. Vincent Faris has the details After many years of research and consultation with all the role-players, an official guide for registered auditors (Engagements on attorneys’ trust…