Covid-19: Financial and Business Lessons The year 2020 was earmarked to be the ’20-plenty’ year. A year filled with great expectations, abundance, growth, achievement and joy. The outbreak of covid-19 brought those expectations to a sudden halt. It almost feels unreal that a virus can have this significant impact on the entire world. The world…
Johannesburg, Monday 2 March 2020 – It takes over R150 000 to fund a BCom CA-Stream student’s varsity dreams every year. Thanks to the generous donations of funders and partners, SAICA’s Thuthuka Bursary is able to help BCom Accounting students from disadvantaged backgrounds attend university with the goal of helping them achieve their dreams of becoming…
SAICA congratulates successful January ITC candidates Johannesburg, Friday, 27 March 2020: The South African Institute of Chartered Accountants (SAICA) would like to congratulate the 2 149 (of the 3 657) aspirant chartered accountants (CAs(SA)) who passed the Initial Test of Competence (ITC) in January 2020. Those candidates who were unsuccessful will have another opportunity later…
Listen to Mpho Mookapele as she takes us back home to where her love for school started. https://youtu.be/ISrVbJZOF4s
The JSE ALSI recovered more quickly than the major US and UK indices during the last two crashes. The global economy was already on a fragile footing when a Black Swan appeared in January 2020 in the form of the coronavirus disease 2019 (COVID-19). The impact of the disease and the fallout from countermeasures has…
The Coronavirus is having a significant impact on the global economy as it increasingly disrupts production, supply chains and travel. With that in mind, organisations should consider any potential legal risks and how to protect themselves against them. In January, the World Health Organisation (WHO) announced that the outbreak of the coronavirus was a public…
Bloemfontein, Tuesday 3 March 2020 – As the world’s 14th largest emitter of greenhouse gases, South Africa’s carbon footprint is through the roof. While it is true that these emissions are principally due to our heavy reliance on coal (particularly when it comes to our electricity grid), the World Wildlife Fund estimates that our footprint…
Fears around the coronavirus (COVID-19) outbreak has spilled into financial markets 9 March 2020: The coronavirus outbreak has rapidly approached global pandemic levels, and given the knock-on effects of the virus on economic growth, the fireworks in markets were inevitable. From sitting at record highs, global markets sold off aggressively during the last week of…
The Minister of Finance (together with his team) has had a tough time coming up with suitable proposals in the face of the overwhelming iceberg that looms ahead. However, SAICA agrees with the Minister that all is not lost and we have overcome before. We know what the challenges are; it just requires political will…
In the 40 years since the founding of the South African Institute of Chartered Accountants (SAICA), much has transpired for the profession worldwide. SAICA was already functioning and influencing major changes to the profession in the middle 1990s when a united South Africa emerged under Nelson Mandela as President. Yet, it also becomes clear that…