Visionaries start companies and turn them into successful businesses. But when the visionary steps down, shareholders − more often than not − turn leadership over to the Chief Financial Officer. There are many reasons for this. Chartered accountants have a combination of financial expertise, analytical skills, risk management, compliance and regulatory expertise, and are adept…
More than 3 350 high school learners will attend the FASSET SAICA Development Camps in South Africa’s nine provinces in June, July and September to harness their academic potential and achieve the results needed to pursue careers in high-demand professions. A collaborative effort between the provincial departments of Basic Education, SAICA and the Finance and…
Father’s Day is not just about celebrating fathers but also about acknowledging the bonds and memories that families create together. For the Bootha family, this day is a reminder of the love, wisdom, and joy that Professor Akbar Bootha has imparted to his children. Whether it’s through shared meals, travel adventures, or humorous stories about…
Two years ago Brett Tromp, CFO of Medici, emigrated with his wife Candice and their beautiful family to Texas. They have twin boys, Matthew and Joshua, who are 19, and a daughter, Christin, who is 13. Despite the intensity of his work responsibilities, even in his former role as CFO of Discovery Health in South…
Prior preparation needs to be done for the replacement of for instance a CEO in family firms. The role of advisors is important as they help with the transition of leadership between the current-generation leaders and their successors. Advisors help family-owned businesses establish their leadership skills. This process is relatively long if the successors want…
This ambitious South African legislation was introduced in 2022 by Environmental Affairs Minister Barbara Creecy. Following extensive public consultation and passed by the National Assembly in October 2023, the adopted version of the Bill is now under consideration by the National Council of Provinces, one step towards being signed into law by President Ramaphosa. The…
Family businesses perform better than other companies because they are managed in a more informal way. Managers more often make decisions based on experience and intuition. As a result, family-owned companies fare better financially and innovatively. According to research, the sometimes-portrayed image that family businesses are unprofessionally managed is incorrect. Better performance According to the…
Adel du Plessis, a proud CA(SA) of 22 years, gave birth to her daughter Grace at the age of 39 − one of the highlights of her life! Nine years later, she says Grace is keeping her super young and fit with her energetic personality and passion for life. In 2023 Grace started modelling and…
If you’ve ever met Khuthadzo Mbedzi, you’ll know what we mean when we say she’s a ball of energy. Last year she tied the knot with the love of her life, and she chuckles as she shares: ‘I didn’t plan against being pregnant, so I indirectly planned I suppose.’ Three months later she found she…
Neil de Kock’s mother is a retired CA(SA) and his dad studied law, so he says he was destined to study BAcc LLB. During his undergrad, he had many intriguing conversations with his mom, Elsa de Kock, where she shared interesting anecdotes from her career which were a great inspiration to him as well as…