Morgan Jones, Principal in the Corporate Finance team at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions, outlines the imperative of exit strategy planning for owner-operators. One of the biggest challenges for owner-operator companies is when and how to introduce some form of exit or succession planning. Successful companies will…
On 3 April 2017, Standard and Poor’s Ratings Services decided to cut South Africa’s international credit rating from BBB- to BB+. A rating of BB+ is considered below investment grade (sometimes referred to as “junk status”). Unfortunately, the negative ratings outlook was also retained, suggesting that S&P could revise the country’s credit rating lower at…
By Mokgatla Madisha, Head of Fixed Interest at Sanlam Investment Management “Don’t get distracted, focus on the fundamentals”, says Mokgatla Madisha, Head of Fixed Interest at Sanlam Investment Management. The political situation in South Africa has been fluid for quite some time so the events of last week are not all that surprising. They serve…
Ian Matthews, Head of Business Development at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions, considers whether Corporate South Africa is experiencing a decline in tax morality. For the last 20 years a growth trend in South Africa’s tax revenue indicated a population of loyal and patriotic taxpayers who have…
With only a few months to go before the office of the Information Regulator is operational and the Protection of Personal Information Act (POPI) becomes fully enacted, organisations must be aware of the limited time left to comply with the comprehensive requirements of the new legal dispensation. This is the view expressed by Michiel Jonker,…
South Africa’s finance professionals are no strangers to change, but the growth of robotic process automation, known as RPA, may make even these seasoned observers sit up and take note. By Kavita Vanmali Robotic software is set to be one of the biggest trends impacting corporate bottom lines and one which will make the job…
The accounting profession will see some shifts this year, with the effects of existing and pending regulatory changes expected to shake up the industry. Justine Combrink delves into seven important focus areas for 2017 At the beginning of every year I sit down and look at what’s coming in the year, what to look out…
In 2013 South African Revenue Services collected taxes amounting to R814-billion, an increase of 9.6 percent on total revenue received in 2012. “More efficient collection systems and the deployment of online technologies such as SARS eFiling have simplified the collection process and made it easier for taxpayers to submit their returns on time,” says…
2014 Annual Membership Fee Renewal Notice The 2014 Annual Membership fees have been set as follows: Subscription Fee 14% VAT Total Chartered Accountants CA(SA) Full membership local R4 453.95 R623.55 R5 077.50 Full membership international R4 453.95 R 0.00 R4 453.95 Over 60 full membership R 835.67 R116.99 R 952.66 Over 60 full international membership R…
An internal investigation led by the SizweNtsalubaGobodo forensic team has assisted the police in providing key evidence, leading to the arrest of a suspect in the investigation into the fatal shooting of Forensic Director, Lawrence Moepi. The firm’s investigation has further revealed that the fatal shooting, in October, is in no way work-related and is…