Africa’s entertainment and media industry is forecast to grow despite consumers’ steep cost-of-living challenges. Since emerging from the grips of the COVID-19 pandemic, various industries across Africa have rebounded relatively well after having to undergo a process of reinvention. Across the continent, key multibillion-dollar industries are navigating new challenges to meet consumer needs and retain…
The two-pot system is a significant milestone in retirement reforms that have taken place over the last decade. It enhances our retirement system, which we expect to improve retirement outcomes for members. The COVID pandemic was the catalyst for the two-pot system. Members were requesting access to retirement savings while still employed to assist with…
The call to have a periodic review of the public interest score (PI score) and its associated requirements should not be seen as a call to have a review every two months, for example like how the Reserve Bank has monetary policy meetings to set the interest rate. The call seeks to move away from…
A global study of 16 423 small and medium-sized enterprises (SMEs) shows that a promising number of SMEs want to make progress on their path to sustainability but are often unable to measure and report on their performance, which prevents them from acting on their ambition. The study, titled Path for Growth: Bridging the SME…
Investing in employee wellness could ensure you have a more sustainable business in 2024. A recent study by the University of Oxford1 in conjunction with Harvard University found that companies with ‘positive workplace cultures are more likely than their competitors to experience subsequent sales growth, stronger earnings-to-asset ratios, greater profitability, higher market valuations, and more…
2023 was a year full of challenges and missed opportunities within the South African and global context. Luckily 2024 is a new year filled with opportunities to self-discover and prosper. Accountants share more than just a love for numbers. We tend to have similar character traits, such as the desire to achieve difficult things and…
Artificial intelligence (AI) is here and is changing how we do things. For the entrepreneur, it can mean cutting down time spent on performing tasks like generating sales leads, marketing their businesses, and managing employees. The past few months have been interesting, as the world is being introduced to more artificial intelligence tools. With experiments…
We are all familiar with the many accounting and auditing scandals in South Africa and across the world. Unfortunately, scandals are all too commonplace in the world of crypto − from international incidents like Mount Gox to local occurrences such as Mirror Trading International and, most recently, FTX. The numerous crypto scandals warrant a conversation…
The AGSA’s Young Professional Award winners are on a quest to bring about change and transformation to the auditing and accounting profession by prioritising and enhancing accountability and transparency in everything that they do. These vibrantly skilled #cultureshifters are paving the way for the next generation of audit professionals through their unwavering commitment to insight…
Annie McWalter, CEO of The Hope Factory and SAICA Enterprise Development, reflects on the positive impact they had in 2023. At the beginning of 2023, we had set ourselves the objective to continue to impact various communities throughout South Africa positively through small business development and the creation of new jobs in the South…