‘Nothing is more powerful than an idea whose time has come’ − Victor Hugo Innovation and creativity refer to the development of new concepts, innovative ways or new ideas promoting a business success or widespread use, using a questioning or inquisitive mindset, and form part of essential competencies that are crucial for the future success…
‘An entrepreneur is a person who jumps off a cliff and builds a plane on the way down’ (seen on a T-shirt). As entrepreneurs, we need to have the ability to see change before it happens; we need to identify opportunities and be resolute in moving towards them. Wouldn’t entrepreneurial life be so much easier…
By: Sanisha Packirisamy, Economist at Momentum Investments Momentum Investments Economist unpacks how the current war is only another reason for continued fuel price increases With the war in the Ukraine severely hampering already precarious global economic stability, many eyes turn to the rising price of fuel as one of the most financially devastating consequences of…
Almost everybody says they want to write a book, but it’s easier said than done. Tramayne Monaghan CA(SA), former CFO of Tencent Africa, used lockdown to achieve his dream and 21 months later, he is proud to say that his book The Shepherd and the Beast is on the shelves of bookstores −and he’s already…
Petri Basson CA(SA) quickly realised during articles that technology would have a massive impact on the accounting industry and that he would have to upskill himself to keep up with it. Even today, he says, things are changing so fast, one can never just sit back and rely on your existing knowledge. He has become…
After gleaning vast amounts of valuable business acumen and insight during articles at Deloitte, Mariam Tayob Cassim CA(SA), along with her husband, rather serendipitously started a sweet factory called Richester Foods. Mariam has played a core role in growing the company from its novel beginnings to exponential success. Today the business boasts 600 employees and…
This year, SAICA’s Thuthuka programme celebrates its 20th year of changing lives and transforming the profession. Throughout the year, we’ll be celebrating some of the numerous milestones this programme has achieved. Milestone 1: SAICA membership demographics have changed significantly In 1980, there were only 8 African and coloured CAs(SA) in South Africa. Today, there are…
What are South African professionals’ views on career strategies and retraining in today’s job market? Traditionally, following a career path meant starting at the bottom and slowly working your way to the top. There was nothing unusual about working in the same sector, and often at the same company, for the whole of your professional…
Volume 1 of the second part of the Zondo Commission report, which deals with Transnet, graphically shows how important it is for a CEO who has the right qualities to be appointed − and, consequently, earns the board’s respect. In terms of governance best practice, CEO appointments should be the prerogative of the board. Appointing…
Fraud can hit organisations from various angles, and even though cybercrime and external fraud attacks are a huge risk, more often than many companies realise it is perpetrated from within. In fact, the Global Economic Crime and Fraud Survey showed that 41% of economic crimes in South Africa were committed by employees, compared to only…