The post-COVID-19 ‘new normal’ is radically different to life as we once knew it … Your working environment has expanded beyond the computer screen and office and it is possible to work virtually from anywhere as per the hybrid model. But there is a price to pay for this hybrid existence. Your eyes are in…
South Africa is faced with tough fiscal choices in an economic environment characterised by high inflation, subpar economic growth, and currently, with the ugliest record of income inequality and youth unemployment numbers. Some argue that we are on the edge of a precipice and these difficult choices cannot be deferred any further. A clear low-hanging…
With retirement reforms finally taking shape in South Africa, the demand for skilled professionals within the retirement fund industry is continuously on the rise. However, in engagements with industry stakeholders a concern was raised that South Africa is currently facing a significant scarcity of fund accountants within the sector. This article delves into the reasons…
The University of Johannesburg (UJ) is proud of the success of its 100% online BCom Accountancy degree that was fully accredited by SAICA in 2022. Professor Amanda Dempsey CA(SA) and Professor Marelize Malan CA(SA) both played a significant role in the development of the programme and are excited to witness the second intake of students…
South Africa is rated the most unequal country in the world, with a 2022 World Bank report ranking it first out of 164 countries. About 10% of the population owns more than 80% of the country’s wealth, says the report. This is largely due to historical reasons such as apartheid, which was phased out in…
In September 2008 the great financial crisis started. In October 2008 Satoshi Nakamoto released a white paper that explained bitcoin and the ledger that uses blockchain technology and the vision for one currency for the world using the Internet of Value. Bitcoin, as opposed to fiat currencies, is a decentralised digital currency that enables instant…
Cyber insurance has many benefits, but also some limitations that CFOs and accounting departments are not always aware of. Here’s how you can protect yourself more comprehensively. The estimated impact of cybercrime on the South African economy is R2,2 billion per annum. Impersonation crimes, especially, are of huge concern. These fraud instances, where fraudsters assume the identity…
A generation of better-equipped accounting professionals could not only help guide smarter economic choices in the public and private sectors but also serve as a bulwark against corruption. South African students are struggling at university. This is now well documented. Students take more years than average to complete degrees and drop out at high rates.…
In post-apartheid South Africa, transformation has largely remained an elusive concept. Yet, the accounting sector has emerged as an outlier – with the University of Johannesburg (UJ) leading the charge. Here, transformation refers to the deliberate and comprehensive process of addressing the historical imbalances, injustices, and inequalities that were entrenched during apartheid. Transformation continues to…
As business owners, we often find ourselves basking in the glow of success during prosperous times, putting aside our contingency plans, and allowing complacency to settle in. It’s easy to assume that the sun will keep shining – until it doesn’t. In business, we must expect and be prepared for the unexpected. How does your…