Employee share ownership plans (ESOPs) have become increasingly common for multinational, listed and unlisted companies operating in South Africa as a way to attract, retain and reward their employees. ESOPs can also be effective mechanisms to drive companies’ broad-based black economic empowerment (BEE) strategies and to align stakeholder and employee values. Accounting for these complex…
For accountants looking to grow their businesses or those advising their clients on a growth journey, there are many considerations when it comes to securing funding. Too often, entrepreneurs rush into seeking funding, despite not really understanding what funders are looking for. This approach can result in an overwhelming feeling of unpreparedness and disappointment for…
This feature is about four tech founders who lead companies that exemplify the principles of design thinking, particularly its focus on empathy. By putting themselves in the shoes of people who encounter a range of challenges in South Africa, they demonstrate a commitment to asking ‘What’s the human need behind it?’ and exemplify a mindset…
Editorial Ten years ago, in the very month of April, I nervously stepped through the doors of SAICA and happened to climb into the same lift as one of the Senior Executives at SAICA. After introducing herself to me, she declared she had some articles for me to write. It was my first day, and…
Suren Maharaj’s superpower is turning around financially struggling entities. He has proved that financial analysis, strategic planning, and governance restructuring empower even moribund organisations to focus on revenue enhancement, cost efficiencies, and accountability. In his 29-year career, Suren Maharaj has accumulated extensive experience and expertise, distinguishing himself as an astute chief financial officer (CFO) and…
In the halls of academia where the scent of knowledge lingered in the air, destiny wove its threads, bringing together two souls destined for an extraordinary journey. Nitesh and Renitha Koosialee, both individuals of intellect and ambition, found themselves intertwined in a tale of love and partnership that transcends the ordinary. Their fateful encounter unfolded…
Having recently moved from Johannesburg to Toronto I have fielded a flurry of questions from colleagues and if I’m being honest, around the weight of our qualification. Can we have both global mobility and success? Are we future-proofed? Do we need to reinvent ourselves to remain agile? This article explores these concepts through my lens.…
The ‘CA’ behind Larisha Naidoo’s name could easily stand for Change Agent, or even Community Activist. That’s because the head of Anglo American Zimele is intensely focused on using the skills and resources she has to uplift South Africa’s communities and make a difference. What’s the single factor that will ensure success in an unpredictable…
In the dynamic landscape of accounting firms, success isn’t just about the numbers; it’s about the people behind them. As the world grapples with an unprecedented accountant shortage, firm owners are recognising the paramount importance of keeping their employees content and engaged. In fact, over 90% of accounting and audit firms have identified the recruitment…
The intricate process of selling an accounting firm is laden with numerous challenges and pitfalls that could derail the transaction, necessitating a well-thought-out strategy and execution to ensure a seamless transaction. This article sheds light on these common hurdles while providing pragmatic solutions, highlighting the importance of a swift deal approach in the dynamic realm…