Top 35-under-35 2023 Finalist: Sethu Tshabalala CA(SA)

The necessity for technology in a CA’s career Today everything is the Internet. Artificial Intelligence (AI), however, is as big as the Industrial Revolution in its impact. To compare AI to the something like the Internet would be to underestimate it. Where we are now is (similar to) 1850: what did the Industrial Revolution mean…

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Top 35-under-35 2023 Finalist: Ayanda Zwane CA(SA)

Nav»-igating the unexpected: A story of emergence and growth Not every professional has had the privilege to grow their career and personal attributes in tandem with the business they work for. My journey with FNB nav» has been nothing short of remarkable. I was fortunate to have been given the opportunity to witness the business…

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Top 35-under-35 2023 Finalist: MONTAQUE SWANEPOEL CA(SA)

The case for more small businesses and less compliance In South Africa, there are an estimated 2,1 million small businesses versus 6,5 million in the UK and 34 million in the US. That number reduces substantially when you factor in that only 710 000 of those businesses are in the formal economy − legally registered…

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Top 35-under-35 2023 Finalist: Boitumelo Loate CA(SA)

The future of finance: Man or machine? The world of finance is undergoing a seismic shift, driven by the relentless march of technology. This transformation is touching every corner of the industry, including finance and reporting, auditing, and investment management. Towards the end of 2022, the existence, and capabilities of Artificial Intelligence (AI) entered public…

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Top 35-under-35 2023 Finalist: James Mogale CA(SA)

A visa-free Africa: Boosting tourism, trade, and cultural exchange The African continent is a rich tapestry of cultures, landscapes, and opportunities waiting to be explored. Visa requirements have often hindered the potential for intra-Africa trade, economic growth, and development through tourism. Supporters of a visa-free travel policy for all African nations argue that such a…

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Top 35-under-35 2023 Finalist: Omar Ahmed Baker CA(SA)

Investing in the youth to minimise future bad debts Recent studies have shown that South Africa faces an alarming unemployment rate of 62% among young adults. This along with rolling blackouts, poverty, and high rates of gender-based violence in the country, motivation, and the willingness to remain positive as youth in South Africa may be…

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Top 35-under-35 2023 Finalist: Jodilee Manuel CA(SA)

Lessons for growing SMEs from shoestring budget travel After I qualified as a CA(SA), I spent a year touring the world. I didn’t have the luxury of big-budget tours or swanky hotels, but my journey was incredible nonetheless and I realised that planning a budget-friendly trip is a lot like doing accounting for SMEs. Much…

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Top 35-under-35 2023 Finalist: George Sarpong CA(SA)

Does meritocracy exist in higher education? At a glance, higher education institutions would appear to be the perfect place for leadership positions to be given to individuals based on their knowledge, qualifications, and talents rather than their social class, privilege or race. In tart of the mandate of higher education institutions is to bestow qualifications…

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Top 35-under-35 2023 Finalist: Lerato Phelane CA(SA)

Life-changing Lerato: Empowering the future Throughout my career, I have consistently demonstrated a deep commitment to empowering others. From spearheading transformative developmental programmes to fostering diversity and inclusion, I have left an indelible mark on the lives of many As I continue to share my journey of hope (having been pregnant at the age of…

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Top 35-under-35 2023 Finalist: Renier Wessels CA(SA)

AI in accountancy and audit We do a deep dive into the truths and myths about the role of artificial intelligence (AI) in the market and its impact on the future of the accountancy profession. In the dynamic realm of modern accountancy, AI has sparked discussions, speculations, and, at times, unwarranted fear. Contrary to Hollywood’s…

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Recommend: The IASB’s effort to improve communication in financial statements

As an academic, I have the unique opportunity to survey and interview expert practitioners from different roles, contexts, and levels of experience. Recently, I interviewed preparers and users of small and medium-sized JSE-listed entities. There was an overwhelming feeling that IFRS financial statements were unnecessarily complex, overly lengthy and of limited use, with users placing…

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Profile: Daneel Steinmann – The CA(SA) who sells rugby jerseys

What started as a simple desire for classic cotton rugby jerseys has evolved into a thriving venture with a notable presence in the sports leisurewear market. In the fast-paced world of entrepreneurship, success stories often emerge from unexpected beginnings. Daneel Steinmann (25), a qualified CA(SA), and his brother, Stephan (23), exemplify this narrative with the…

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Profile: Nomalungelo Mkhize – A journey of resilience, leadership, and the CA(SA) dream

In a world filled with adversity and opportunities, the story of Nomalungelo Mkhize CA(SA) stands as an inspiring testament to the power of education, determination, and unwavering resilience. Her journey is a powerful example of how a combination of personal drive, familial support, and a passion for learning can lead to remarkable success. EARLY BEGINNINGS…

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Lifestyle: Wine

Nestled in the historic town of Tulbagh, Theuniskraal stands as a testament to the art of winemaking, with roots as deep and storied as the town itself. This esteemed estate, a jewel in South Africa’s winemaking crown, has been with the Jordaan family since 1927, cultivating a heritage of viticulture that spans generations. It’s not…

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Top 35-under-35 2023 Finalist: Cyprian Teffo CA(SA)

Executive Head: Finance and Operations at Allan Gray Orbis Foundation; Non-executive Director at Soul City Institute and Anova Health Institute Cyprian, a distinguished chartered accountant, is a versatile professional making significant contributions to finance, education, and public health. Within the Allan Gray Orbis Foundation, Cyprian plays a pivotal role, skillfully managing bursary funding for nearly…

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Top 35-under-35 2023 Finalist: Virodh Singh CA(SA)

Independent Director at KZN Inland Cricket; Executive Committee Member at Save Orion Athletics Club; Lecturer at UKZN Virodh Singh, a dedicated and visionary leader, stands at the intersection of finance, sports, and community development. With an illustrious background as a chartered accountant, Virodh has channelled his expertise and passion into catalysing positive change in the…

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Top 35-under-35 2023 Finalist: Jonathan Ruwanika CA(SA)

Finance Manager at PEP Stores and Co-founder of Young Professional Africa and Innovative CFO Jonathan Ruwanika, a chartered accountant and Mandela Rhodes Scholar, is a trailblazer at the nexus of finance, education, and innovation. As the finance manager at PEP Stores, he oversees the financial well-being of two of the fastest-growing divisions with a combined…

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Top 35-under-35 2023 Finalist: Nkosinathi Mtimande Hlophe CA(SA)

Director at Energy Generation Africa and Steam Generation Africa Nkosinathi Hlophe’s personal and career experiences have led him to pursue his life-long goal of deliberately pursuing entrepreneurship and finance as tools for sustainable development across sub-Saharan Africa. Born and bred in Soweto, his life is a testament to how an enabling socio-economic environment can unleash…

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Top 35-under-35 2023 Finalist: Selapeng Chriscentia Maledimo CA(SA)

Chief Financial Officer annd Executive Director at Mahlopi Metals Group, and Founder of Tshepiso-entle Self-care Selapeng Maledimo is a visionary leader from Mphanama, a village in rural Limpopo Province. Her journey into the profession was inspired by her hardworking elder sister, Ashleigh Maledimo, also a CA, and Finance Manager at IDF Capital. Currently, Selapeng serves…

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Top 35-under-35 2023 Finalist: Senzo Ndlangamandla CA(SA), RA

Head of the Department of Accounting Sciences at Walter Sisulu University and Managing Director at SnB Chartered Accountants and Auditors Senzo Ndlangamandla is an accomplished education and leadership professional, having served as the JSE Investment Challenge Coordinator in the Mthatha region from 2015 to 2018, introducing students and learners (predominately from rural communities) to stock…

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Top 35-under-35 2023 Finalist: Tinei Vincent Chagonda CA(SA)

Managing Director at Betvel Group This 32-year-old serial entrepreneur and chartered accountant has a robust track record of over a decade as a business owner managing multiple business ventures across Southern Africa. His approach to identifying promising business opportunities is characterised by pragmatism, where he actively seeks prospects and solutions that yield a substantial impact.…

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Top 35-under-35 2023 Finalist: Julie Warren-Codrington CA(SA) CFP

CFO of Saige Business Consulting Julie Warren-Codrington specialises in and develops financial and strategic solutions for SMEs. With 15 years of studying and working in the financial industry, including exposure to a JSE listing, a R500-million private equity deal, and an umbrella fund launch, her mission is to share her knowledge gained to positively influence…

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Top 35-under-35 2023 Finalist: Jameel Khan CA(SA)

Executive Director at The Unconventional CA Jameel Khan is a CA(SA), mentor, business coach and recovering addict committed to inspiring entrepreneurs with his story of hope and purpose to make a positive, sustainable, and purpose-driven impact by holistically supporting entrepreneurs and their businesses. His journey started in 2016 when he came out of rehabilitation after…

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Top 35-under-35 2023 Finalist: Dima Masedi CA(SA)

Head of Financial Shared Services at Standard Bank Dima Masedi is a dynamic global leader with over 12 years of experience in the financial services industry. She leads many spheres of society, including church, family, community, and professional bodies. Her expertise encompasses financial management, accounting, strategic planning, budgeting, change management, controls and digitisation. She provides…

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Top 35-under-35 2023 Finalist: Andrew Portmann CA(SA)

Managing Partner at Alpha BPO Andrew Portmann completed his articles at BDO in Umhlanga where he was exposed to a multitude of SMEs and large corporations and learnt the intricacies of starting and building companies from a variety of inspirational business leaders. Since articles, he has acquired extensive global corporate sector experience having worked across…

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Top 35-under-35 2023 Finalist: Jarren Collet CA(SA)

Chief Financial Officer at Quadcare Jarren Collet is an accomplished professional known for his expertise in financial management, strategy development, and venture building at quadcare, where he serves as the CFO. He embodies the role of a modern-day CFO who excels at blending commercial acumen with data-informed techniques to drive the company’s strategic growth and…

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Top 35-under-35 2023 Finalist: Itani Mafune CA(SA)

Founder of Shuma Accounting, Co-owner of Zwane Financial Services and CA Training Officer at Absa Bank Group Itani Mafune is a highly accomplished CA(SA) and ACMA, CGMA with a passion for both the financial industry and community development. As an Accounting Training Officer at Absa Bank Group, he has contributed significantly to the growth of…

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Top 35-under-35 2023 Finalist: Brecht Mohonathan CA(SA)

Chief Financial Officer at Lions Cricket (Gauteng Cricket Board t/a Central Gauteng Lions) Author and inspirational speaker Simon Sinek wrote on finding one’s ‘why’: ‘That thing we give to the world where we must look inside ourselves to discover it.’ And Brecht Mohonathan has journeyed a life that has exposed and taught him through what…

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Top 35-under-35 2023 Finalist: Manoka Mathye CA(SA)

Partner at KPMG South Africa Manoka Mathye is a partner at KPMG South Africa and plays a vital role in their technical department, where she actively assists audit teams in upholding audit quality standards by conducting pre-issuance reviews. She also has her own audit clients. Manoka is a dedicated advocate for inclusion and diversity and…

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Top 35-under-35 2023 Finalist: Stefan Cronje CA(SA)

Director: Strategy Alignment and Business Acumen at BTS Stefan Cronje embarked on an unlikely career pivot shortly after qualifying as a CA(SA). Leveraging his business acumen foundation, he searched for opportunities to work at the intersection of strategy and culture. That’s when he stumbled across BTS. BTS is a consultancy specialising in the people side…

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Top 35-under-35 2023 Finalist: Frans Joubert CA(SA)

Chief Financial Officer at Tripco Entrepreneur at heart, bean counter by day, and musician at night − Frans Joubert’s journey isn’t one you’d find in your typical ledger. After finishing his accounting degree, he took an interlude to study music. From singing in a choir at Carnegie Hall in New York and strumming the electric…

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Top 35-under-35 2023 Finalist: Paul Wemakoy Wombo CA(SA)

Asset Origination Transactor at Momentum Metropolitan Holdings Limited Paul Wombo is a proud Thuthuka alumnus who finds joy in sharing how to overcome failure with students and colleagues. In 2015, he became second place runner-up in the SAICA SLS essay competition in an essay speaking against the restriction of the media. He was involved in…

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Top 35-under-35 2023 Finalist: Bartek Ogonowski CA(SA)

CEO and Co-founder at Levra Bartek Ogonowski’s upbringing in a medical family instilled in him an unyielding drive to make a difference. He found his calling in blending his love for people and education and identified another essential need in society. Today, Bartek stands as the co-founder and CEO of Levra (levra.me). The core of…

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Top 35-under-35 2023 Finalist: Binita Morar CA(SA)

Leverage and Acquisition Finance, AME at Standard Chartered Bank Binita Morar is a dedicated chartered accountant who seamlessly blends finance with a passion for sports and a creative flair. Beyond her financial expertise, she thrives in triathlons, karate, boxing, and showcasing her diverse talents as a makeup artist. Her commitment transcends the professional realm, echoing…

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Top 35-under-35 2023 Finalist: Roger Wyllie CA(SA)

Manager in Capital Markets / Africa Assurance Innovation at PwC South Africa Roger Wyllie is a dynamic and forward-thinking professional who has carved a remarkable path in the world of innovation and digital transformation. With a passion for pushing boundaries and fostering collective innovation, Roger has not only transformed the way business is conducted but…

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Top 35-under-35 2023 Finalist: Craig Wallington CA(SA)

Co-founder & Chief Operating Officer at MotherTree, and Chief Financial Officer at Paragon Impact Craig Wallington is an entrepreneur dedicated to addressing climate and biodiversity emergencies. He believes many of the solutions to these crises already exist and we need to focus our collective efforts on rolling these out at speed and scale. Key to…

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Top 35-under-35 2023 Finalist: Sethu Tshabalala CA(SA)

High-Value Segment Manager at MTN South Africa Sethu Tshabalala is a chartered-accountant-turned-marketer in MTN’s consumer business. She currently spearheads the management of high-value products, serving over 25 million customers and generating over R10 billion annually in South Africa. Her professional journey began as a junior lecturer at the University of Johannesburg, where she was handpicked…

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Top 35-under-35 2023 Finalist: Ayanda Zwane CA(SA)

CFO at First National Bank (FNB nav») As a seasoned financial leader, currently serving as CFO at FNB nav» (a groundbreaking fintech start-up within FirstRand), Ayanda Zwane has played a pivotal role in transforming the financial landscape of the business. When she first joined, she embarked on the challenge of building the functional finance area…

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Top 35-under-35 2023 Finalist: Montaque Swanepoel CA(SA)

Founder of CFO360 An accountant by accident and a constant student, Montaque Swanepoel has always had a keen interest in business. This started at a young age and has continued throughout his career. After qualifying as a chartered accountant, Montaque entered the corporate world, working his way up to regional finance manager at Bidvest. However,…

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Top 35-under-35 2023 Finalist: Jochemus (JJ) Prinsloo CA(SA)

Founder/Director at Prinsloo Properties & Find My Leak Jochemus (JJ) Prinsloo is a young, energetic entrepreneur with experience in both the property and financial sectors. He is passionate about making a difference in his community and uses his skills and qualifications as a CA(SA) to support his own and other small businesses in the Western…

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Top 35-under-35 2023 Finalist: Boitumelo Loate CA(SA)

Portfolio Manager – Multi-Asset and Investment Analyst at 36ONE Asset Management Boitumelo Loate CA(SA) holds an MBA from Oxford University (cum laude) and an MCom from Wits University. Boitumelo’s unique blend of technical expertise (data analysis, risk management and portfolio optimisation) and financial acumen positions her as an effective co-portfolio manager at 36ONE, utilising technology…

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Top 35-under-35 2023 Finalist: James Mogale CA(SA)

CEO at Resultant Capital James Mogale holds an MBA from IE Business School in Madrid, Spain, one of the Top 10 MBA programmes in the world. He brings extensive experience in audit, finance, data and analytics, as well as mergers and acquisitions. He has held management roles at KPMG, the Matrix Group and Resultant Capital,…

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Top 35-under-35 2023 Finalist: Omar Ahmed Baker CA(SA)

CFO of FNB Islamic Banking At the young age of 32, Omar Baker’s remarkable track record and leadership skills earned him a promotion to the position of CFO at FNB Islamic Banking. Within his role Omar serves as the diversity champion and chairs the Financial Resources Management Committee (FRM) at FNB Islamic. Omar is a…

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Top 35-under-35 2023 Finalist: Jodilee Manuel CA(SA)

Head of Education and Implementation at Syft Analytics Jodilee Manuel is a chartered accountant with experience working at a Big Four audit firm as well as a local fintech start-up. She completed her articles at PwC in 2016 in the Technology, Media and Telecommunications (TMT) division and later rejoined as an audit manager involved in…

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Top 35-under-35 2023 Finalist: George Sarpong CA(SA)

Head of Management Accounting at Nelson Mandela University George Sarpong is the current division head of Management Accounting and Finance at Nelson Mandela University. He also assists with managing the Management Accounting division at Rhodes University. Through his empathetic approach to leadership and mentoring he has been able to successfully lead his two teams through…

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Top 35-under-35 2023 Finalist: Lerato Phelane CA(SA)

Lerato Phelane is a 33-year-old chartered accountant with over a decade of experience in both internal and external audit. She specialises in providing exceptional service to clients in the healthcare sector, public sector, mining, and metals, as well as the energy and resources sector. Having earned the CA(SA) designation, she brings an unparalleled level of…

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Top 35-under-35 2023 Finalist: Renier Wessels CA(SA)

Renier Wessels’ professional journey is a testament to his dynamic and multifaceted career. As a CA with over a decade’s experience in assurance, data, programming and process automation, Renier has honed his skills across a wide range of industries. His managerial-level service to clients in sectors as diverse as manufacturing, telecoms, insurance and agriculture has…

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Top 35-under-35 2023 Finalist: Sinqobile Hlatshwayo CA(SA)

Senior Manager in Financial Services Audit at KPMG and Founder of Mfano Growth Coaching Sinqobile Hlatshwayo’s passion for personal development was sparked at the tender age of 16 when she picked up her first copy of The Secret. 16 years later she runs a coaching company called Mfano Growth as a personal development coach. As…

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Lifestyle: Honda Civic RS

In the ever-evolving landscape of the automotive world, where innovation and practicality intertwine, a new star has risen − the Honda Civic RS Specifications Engine: 1,5-litre turbo POWER: 131 kW TORQUE: 240 Nm 0–100 KM/H: 8,3 seconds PRICE From: From R699 900 This latest addition to Honda’s esteemed line-up strikes a harmonious balance between family-friendly…

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Lifestyle: Hyundai Tucson Diesel N Line

Hyundai’s reputation for innovation and automotive excellence reaches new heights with the introduction of the Hyundai Tucson Diesel N Line, specifically tailored for the dynamic South African market Specifications Engine: 2,0-litre turbocharged diesel engine POWER: 137 kW @ 4 000 rpm TORQUE: 416 Nm @ 2 000 – 2 750 rpm 0–100 KM/H: 9,2 seconds…

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Recommend: Empowering and educating non-profit board members for effective governance

On 24 February 2023, the Financial Action Task Force (FATF) took the decision to include South Africa on its ‘grey list’, thereby classifying it as a jurisdiction under increased monitoring. This greater scrutiny has a ripple effect on registration, banking, auditing and reporting requirements. It is critical that board members of non-profits be aware of…

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Focus: Leading the way in accounting education for the 21st century

The world of accounting is undergoing a monumental shift, with technology and globalisation reshaping the profession. Professor Frans Prinsloo is redesigning teaching models to champion ethical grounding, real-world problem-solving, and a continuous thirst for knowledge. The world of accountancy is changing rapidly, driven by advances in technology and globalisation. To succeed in this new environment,…

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Focus: How digital transformation is reshaping auditing

Digital innovation offers unique insights throughout the audit process, enabling auditors to offer increased value and efficiency in a demanding economy. The second 2023 SAICA Audit Reform Webcast held on 18 August and chaired by SAICA Executive for Audit and Assurance Thandokuhle Myoli explored the significant impact of digital technology on the audit profession, both…

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Focus: Diverse experience brings new perspectives to the table

Patrick Kubai brings a unique perspective to the profession, emphasising the importance of ethics, continuous learning and well-being. This profile article delves into Patrick’s journey, shedding light on his insights about the accounting profession, its challenges and opportunities, and the evolving landscape. CAs(SA) with diverse experience are highly valuable. Career experience across different sectors is…

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Profile: Boitumelo Kuzwayo – Pedalling through numbers and academia

In the world of academia, it’s often challenging to balance the rigours of a professional career with personal passions. However, Boitumelo Kuzwayo CA(SA) has mastered this delicate equilibrium. As she navigates her role in higher education, she also finds time to pursue her love for cycling. In this captivating interview, Boitumelo shares her insights into…

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Recommend: Accounting for employee share ownership plans

Employee share ownership plans (ESOPs) have become popular in South Africa as a mechanism to drive companies’ Broad-based Black Economic Empowerment (BEE) strategies and to align stakeholder and employee values. Amongst the numerous success factors of this complex area is the accounting for these complex arrangements. Several interacting aspects of International Financial Reporting Standards (IFRS)…

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Focus: You are biased!

Accounting ethics has long demanded that accountants not be influenced by bias. But bias isn’t just about racism, sexism, and all those other -isms. Recent revisions to section 120 of the SAICA Code of Professional Conduct make it clear that we need to avoid cognitive biases too – a much bigger challenge, because we are…

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Focus: Organisational risks – Why should ethics feature prominently?

The majority of organisations in the modern era understand the importance of risk management and hence make some effort to manage it. The obvious dimensions of organisational risk are financial, legal, operational, information technology, human resources, and marketing risks. These are usually acknowledged and frequently managed in a structured manner. Often overlooked, however, is the…

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Focus: The Code of Professional Conduct Purpose, impact and complexities

Despite the robust Code of Professional Conduct within the accountancy profession locally and internationally, the reputation of the accountancy profession has received backlash over the years with a number of corporate failures and accounting scandals. Some more well-known corporate failures locally include Steinhoff where accounting irregularities were identified by the auditors that resulted in the…

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Profile: Hamman Schoonwinkel – Life in academia after life as an academic trainee

Hamman Schoonwinkel (29) is a chartered accountant and a lecturer in digital and leadership acumen at Stellenbosch University with a passion for both finance and the performing arts. He is also the chair of the SAICA Community of Best Practice for Digital Acumen. As an avid saxophone player, Hamman Schoonwinkel initially faced a tough decision…

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Profile: Moses Tshitangano – Transforming Limpopo’s Treasury

Moses Tshitangano took a leap of faith and is developing future CAs(SA) for the under-resourced province. Training offices give aspiring chartered accountants the opportunity to gain practical experience and apply their theoretical knowledge in real-world scenarios, enabling them to develop professional competence in financial regulations, tax laws, accounting standards, and auditing procedures. They learn how…

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Focus: THE FUTURE OF AUDIT – Transformation that will define the sector in the next five years

While the internal audit function has undergone significant transformation, the rapid pace of change is set to accelerate in the foreseeable future. Richard Walker, Advisory Director at BDO South Africa, sheds some light on some key industry trends that have emerged and some key areas of transformation we can expect to see defining the sector…

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Focus: Former school teacher now leader in audit reform – Ntlambi Gulwa CA(SA)

Ntlambi Gulwa CA(SA), the IRBA’s Director Inspections, started her remarkable life journey in the lush landscapes of the Eastern Cape. Hers is a story of perseverance, determination and a deep-rooted commitment to making a difference. Growing up in the small village of Ngcwazi, Ntlambi’s passion for education and her drive to overcome challenges were evident…

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Profile: Amanda Zuma – Working for our citizens

With their expertise in financial management, compliance and risk assessment, CAs(SA) like Amanda Zuma play a crucial role in ensuring efficient resource utilisation and improving service delivery. By encouraging disadvantaged students to become chartered accountants, teachers aim to provide them with a clear and attainable career path that can lead to economic stability, personal growth,…

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Focus: Taking Pride in improving the profession – Pride Msweli CA(SA)

As an accounting technical manager at The Shard (Pty) Limited, Pride Msweli CA(SA) is a qualified chartered accountant with international audit experience. She is very passionate about financial literacy, audit reform and the creation of generational wealth. Founded in 2013, The Shard (Pty) Ltd is a young, experienced and dynamic 100% black-owned consulting firm based…

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Focus: Improving efficiency within the audit process by using digital technological tools

Technology is rapidly evolving, and artificial intelligence (AI) is transforming the way we work and communicate. Auditors need to be aware of the digital technology tools that are currently available and how to use them as part of the audit process to make the audit process more efficient and effective. This requires that the auditors…

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Profile: Koko Khumalo – Motlanalo on the up and up

Founded on the values of respect and integrity, Motlanalo Inc, a black women-owned SMP headquartered in Polokwane, Limpopo, is geared towards transforming the audit landscape. In reliving the events around the genesis of her firm, Koko Khumalo CA(SA) entertains an erudite conversation on learning organisations, a branch of study associated with knowledge management. The CEO…

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Focus: Integrity is the profession’s foundational value – Emma Mashilwane CA(SA)

Emma Mashilwane CA(SA), RA, MBA is the co-founder (majority shareholder) and CEO of MASA Auditors which provides internal audits, external audits, IT audits and advisory services. MASA Auditors comprises MASA Risk Advisory Services Pty Ltd (MASA Risk) and MASA Chartered Accountants Incorporated. Both entities are accredited training offices for SAICA (MASA Risk is for the…

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Lifestyle: Motoring – the Volvo XC40 P6

The Volvo XC40 P6 has been meticulously crafted to provide drivers with a journey like no other. It’s not just a car, it’s a glimpse into the future of mobility where technology and elegance converge to create driving perfection. Specifications Engine: Electric POWER: 170 Kw TORQUE: 330 Nm 0–100 KM/H: 7,4 seconds PRICE From: R1…

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Focus: How a board game lit a spark – Phumudzo Cazequeza CA(SA)

Games can be a great way to learn about business concepts and develop strategic thinking skills. That’s what sparked Phumudzo Cazequeza’s interest in chartered accounting. As a high school student, she took part in a SAICA board game event that had learners from participating schools tackle real-world business situations by assuming responsibility for running a…

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Lifestyle: Reminiscent of the wild

Indlovu Gin stands out not just for its unconventional source of botanicals but also for its smooth, earthy profile. Distilled using botanicals foraged by elephants, it’s as much a conversation starter as it is a tasteful spirit. The flavour notes, intriguingly wild yet familiar, surprise the palate and evoke the essence of the African wilderness.…

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Lifestyle: Travel – Haven of luxury and hospitality

Nestled in the one of the most prestigious areas of Johannesburg, The Houghton Hotel is a multi-award-winning five-star hotel, spa and wellness resort and is situated right next to a golf course. Founded on a love for hospitality and distinguished service and design, this exceptional establishment is powered by a genuine passion for people. Here…

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Lifestyle: Motoring – The Mercedes-Benz EQB350

A bold electric crossover redefining luxury. Are electric cars the future? What can I expect in an electric car and is it suitable for long journeys. Find out as @motoringandtechworld takes us through everything you need to know about the Mercedes EQB350. Specifications Engine: Electric POWER: 215 KW TORQUE: 520 NM 0–100 KM/H: 6.2 seconds…

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Lifestyle: Motoring – BMW M240i Xdrive

The BMW M240i Xdrive is a sports coupé that delivers a unique blend of luxury and performance. This car is designed for driving enthusiasts who demand the very best in terms of handling, power and comfort. It’s a true masterpiece in engineering and design, and it’s no wonder that it’s such a popular choice among…

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Profile – Zahid and Zahida Fakey – Destiny’s delight A couple’s journey in love and accounting

Destiny, the invisible force that intertwines lives, has a way of bringing two souls together in the most unexpected of circumstances … This is the story of Zahid and Zahida, two individuals united by fate, embarking on a journey of love, purpose, and the pursuit of crunching numbers. When Zahid and Zahida Fakey first crossed…

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Focus: Leadership in Governance

Linda de Beer, non-executive director and corporate governance specialist. Her unwavering commitment to governance excellence and remarkable leadership has earned Professor Linda de Beer CA(SA), non-executive director and corporate governance specialist, SAICA’s prestigious Leadership in Governance Difference Makers award. It’s not about achievements, but about impact As a seasoned professional, she has demonstrated exceptional expertise…

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Focus: Patriotic Award

Roy Andersen, chief executive officer at Roy Anderson and Associates. Major-General Roy Cecil Andersen CA(SA), chief executive officer at Roy Anderson and Associates, is a South African businessman and a retired reserve general officer in the South African Army from the artillery. He matriculated from and graduated from Witwatersrand University. Soldier on to make a…

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Focus: Social Impact

David Shapiro, chief global equity strategist at Sasfin Securities. David Shapiro CA(SA), chief global equity strategist at Sasfin Securities, has consistently worked throughout his career to improve lives and make a positive difference. His passion for social change and his ability to mobilise others makes him an exceptional recipient of the Social Impact Difference Makers…

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Focus: Finance Leader

Nolwazi Mamorare. The Finance Leader Difference Makers award is always a highly contested category, but in the end, the judges agreed on the impact this individual has despite many challenges continued to excel. Making a difference through passionate education As a true Difference Maker, Nolwazi Mamorare CA(SA), from the University of Johannesburg, is managing revenue…

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Focus: Training Office

Auditor-General South Africa (AGSA). Putting diversity at the forefront. Putting diversity at the forefront The winner of the Training Office Difference Makers award this year was given to the Training Office of the Auditor General South Africa (AGSA). This AGSA is running the largest SAICA-accredited auditor training scheme in the country’s public sector and is…

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Focus: Public Sector

Mabatho Sedikela, head of audit at the Auditor-General South Africa. As head of audit at provincial Auditor-General South Africa (AGSA), Mabatho Sedikela CA(SA) is a prime example of a passionate difference maker in the public sector. She is a transformational leader who leaves a mark of positive change wherever she goes. Leading by example to…

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Focus: SDG and Sustainability

Fayruz Mohamed, national chairperson at the South African National Zakah Fund. Fayruz Mohamed CA(SA) believes that by serving others, you can contribute to making a society that is more equitable and just. Unwavering commitment, passion, and servant leadership She currently serves as a non-executive director as well as an independent audit committee member at the…

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Focus: Future Focused

Stuart van der Veen, Partner at Platform Investments. The Future Focused award recognises courageous and unconventional SAICA members who think in novel ways with the ability to reassess conventional business, thereby shaping the future. Most importantly, they have the skills and expertise required to bring about desired change in the world. Stuart van der Veen…

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Focus: Lifetime Achiever

Jeff van Rooyen, Chairman at Uranus Investment Holdings (Pty) Ltd. Jeff van Rooyen, chairman at Uranus Investment Holdings, has been a sole practitioner for seven years, a partner with Deloitte for nine, and CEO of FSCA (before FSB) for five. He founded Uranus Investments 17 years ago. A lifetime of making a difference He also…

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Focus: Academia and Education

Professor Amanda Dempsey, senior director at the UJ School of Accounting. At the end of December 2023 Professor Amanda Dempsey, senior director at the UJ School of Accounting, will be retiring after a long and impactful academic career. ‘I can truly say I have achieved many wonderful professional milestones and have made a significant impact…

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Profile – SAICA’s Sustainability Technical Committee

Meet the people behind SAICA’s Sustainability Technical Committee The objective of SAICA’s Sustainability Technical Committee (STC) is to support the organisation in responding to various current and emerging sustainability aspects as it relates to members and other stakeholders. This includes advocacy, thought leadership, guidance, and stakeholder engagement. Focus areas include reporting and disclosure, with specific…

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Lifestyle: Tech review – Xiaomi Smart Humidifier 2

Enjoy fresh mountain air in the comfort of your own home with the Xiaomi Smart Humidifier 2. The Smart Humidifier 2 uses UV-C ultraviolet sterilization technology to eliminate bacteria, while releasing purified mist to cleanse the surrounding air. This allows you to create the perfect indoor environment thanks to cleaner air. The humidifier features a…

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Lifestyle: Tech Review – Samsung Galaxy Watch

Better sleep, better health – with upcoming Samsung Galaxy Watch. The new feature – One UI 5 Watch − added to Samsung’s Galaxy Watches released this year offers even better products that caters for your health. With enhanced sleep features, One UI 5 Watch sets the standard for holistic wellness via a healthy night’s rest.…

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Lifestyle: Tech Review – OPPO Find N2 Flip

The Find N2 Flip is a testament to OPPO’s commitment to offering luxury, premium and tech-smart devices that are user-friendly and provide an exceptional user experience. Setting new standards More than just entering the premium space, it’s the first Find series to be launched in South Africa. With the Find N2 Flip, OPPO is aiming…

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Lifestyle: Motoring – Land Rover Defender 90 diesel

The 2022 Land Rover Defender 90 diesel is an exceptional off-road vehicle that stands out from its competitors in terms of performance, luxury, and versatility. It is designed for the thrill-seekers, adventurers, and families who love to explore the unknown. Specifications Engine: 3,0-litre 6-cylinder Turbodiesel POWER: 221 KW TORQUE: 650 NM 0–100 KM/H: 8.0 seconds…

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Lifestyle: Motoring – Kia Sportage

The new Sportage offers a perfect blend of style, comfort, and performance for South African adventurers. Specifications Engine: 2,2L 4-cylinder Turbo Diesel POWER: 221 KW TORQUE: 650 NM 0–100 KM/H: 8.0 seconds PRICE From: R573 995 South Africa’s automotive market is known for its fierce competition among SUVs, and one model that has been capturing…

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Profile – Sumendra Naidoo and Shaun Govender

Accounting and Financial Advisory raising sights Accounting and Financial Advisory (AFA), an SMP based in Rosebank, is one of the major players in South African accountancy. Its directors, Sumendra Naidoo and Shaun Govender, place a premium on relationships and high-quality employees. Sumendra Naidoo and Shaun Govender, the incumbent directors at Accounting and Financial Advisory (AFA),…

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Profile – Mava Shude – Empowering the public sector through Impactful leadership

Mava Shude CA(SA), the CFO of Langeberg Municipality, has had a remarkable journey. His story showcases the transformative power of seizing unexpected opportunities. From attending a SAICA camp to becoming a distinguished chartered accountant, Shude has embraced his role in the public sector with passion and determination. But he did not choose to become a…

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Profile – Vianca Pretorius CA(SA) – It’s all about balance

Having plied her trade as a national training manager, Vianca Pretorius CA(SA) swears by coaching and mentorship. The capacious lobby at SAICA’s national headquarters is a scene of veritable busyness: scouting videographers on the hunt for perfect shots, a keen make-up team on standby … and Vianca Pretorius, SAICA Top-35-Under-35 alumnus, is a picture of…

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Focus: Unconventional skills can transform the public sector

Desperate times call for unconventional skills that can transform the public sector, writes Msizi Gwala, Project Director at SAICA. South Africa is facing a myriad of challenges. There are concerns acout audit outcomes, lack of accountability, world-leading inequality and service delivery protests. There were early signs of issues, such as the early struggles of state-owned…

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Focus: The lack of internal controls negatively impacts service

Internal controls are the first line of defence against fraud, waste and abuse and help public sector institutions to deliver on their mandates. Furthermore, a robust control system, comprising effective internal control, risk management and audit, is fundamental to better governance, safeguarding of taxpayers’ money, and preserving public trust in government. However, the lack of…

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Focus: Concerns around public finance management consulting

The use of consultants in public finance management and reporting has become a significant cost to the fiscus, with stakeholders such as the Auditor-General raising concerns about its sustainability. Management consulting is the practice of providing consulting services to organisations to improve their performance or assist in achieving organisational objectives. Organisations utilise the services of…

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Focus: Assist public schools to achieve enhanced accountability and good governance

Good governance in public schools is essential to ensure that learners receive quality education and that the school operates effectively and efficiently. It ensures that schools are accountable, transparent, and effective in promoting learners’ achievement and success. In terms of section 23(1) of the South African Schools Act (SASA), the membership of a governing body…

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Focus: Public sector sustainability reporting trajectory

In essence, sustainability reporting enables organisations to disclose the environmental, social and governance (ESG) impacts of their activities and the strategies thereon. Sustainability reporting is a relatively new topic in the public sector environment. The Global Reporting Initiative Standards (GRI Standards) describe the objective of sustainability reporting as ‘to provide transparency on how an organisation…

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Focus: Profile – Elza Gillman CA(SA) and Anneke Lombard CA(SA) – CAs(SA) making a difference in Congo

Imagine having an office in the heart of the equatorial rainforest, surrounded by endless trees and incredibly rich biodiversity, including thousands of western lowland gorillas, chimpanzees, forest elephants, buffaloes, leopards, birds and butterflies. For Elza Gillman CA(SA) and Anneke Lombard CA(SA), it’s all in an exciting day’s work. Elza Gillman and Anneke Lombard became involved…

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Lifestyle: Live Vivid with Redmi Note 12

Redmi Note 12 boasts a stunningly bright and colourful AMOLED screen with an impressive 120Hz refresh rate. Undoubtedly one of the best displays in its category, the 6.67” FHD+ display with DCI-P3 offers a wide colour gamut that enhances the immersive and fluid experience. Whether you are scrolling through social media content or playing popular…

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Lifestyle: Samsung Unveils its ultra-premium Micro LED TV

Samsung Electronics has unveiled its newest and ultra-premium Micro LED TV with prices ranging from R1,4 million up to R3 million, available in screen sizes from 76” up to 126”. With advancements in picture and sound quality, more screen size options, customisable accessories and an upgraded interface, the Micro LED screens bring the vision of…

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Focus: Profile – Alethia Chetty – Never settle for mediocrity: Live an extraordinary life

The many relationships Alethia Chetty CA(SA), financial services partner at BDO, has built throughout her career as a CA(SA) have been vital to building a rewarding career. She says creating these relationships takes time and effort and it requires you to maintain the highest standards of integrity so that you can earn trust with the…

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Lifestyle: Seamless connectivity, performance, outstanding design and advanced technologies

The current tech product landscape is as exciting as ever, we see many innovative designs, cutting-edge features, and astronomical improvements in how they enhance the life of consumers. The Huawei Consumer Business Group has announced and launched a series of new technologically advanced flagship products. From revolutionary smartphones, laptops, to trendy wearables and more –…

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Lifestyle: Tech review – Samsung Galaxy A Series

Samsung Electronics has unveiled the Galaxy A54 5G and Galaxy A34 5G − two innovative smartphones that advance Samsung Galaxy’s commitment to designing awesome mobile experiences. The new additions to the popular Galaxy A54 5G will help users shoot steady and crisp videos, see clearly even in bright conditions, and do more of the things…

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HUAWEI Kicks Off the Global XMAGE Awards 2023

Huawei has officially kicked off the HUAWEI XMAGE Awards 2023. As Huawei’s open platform for smartphone photographic excellence, the annual competition celebrates inspiration and creativity, through amazing photos and videos captured with Huawei devices around the world. Since 2017, users from more than 170 countries and regions have participated in the yearly competition, contributing nearly…

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Lifestyle: DULLSTROOM – Ticking all the boxes

The growth of small South African towns in recent years is perhaps unsurprising, especially for the more established professionals, yearning for less urban density, work flexibility, and the enticing lifestyle and family benefits of smaller centres. Dullstroom (also known as Emnothweni) in Mpumalanga is one such town that ticks all these boxes, a few of…

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Lifestyle: Car review – Kia Sportage

Bold exterior, luxury interior, extremely spacious and comfortable drive are just a few of the many attributes of the new fifth-generation Kia Sportage 2022. Let’s dive in and see why this is one of the best family SUVs released in 2022. From 1 January 2022, many car enthusiasts had one thing on their minds, and…

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Lifestyle: Hotel review – Fit for a king

@Sandton Hotel offers convenience to amenities that professionals and guests need when taking a break from work, when you need a break during work, or just want to take your work to another level. With this comes luxury and a cocktail of services that meets all lifestyles and will leave you and your family impressed.…

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Lifestyle: Office and outdoor signage with Samsung

Give your office and outdoor advertising an upgrade using Samsung’s Smart Signage. As more and more companies are returning to their offices again and shopping centres are running at full capacity, you need signage to match and attract much-needed attention. Samsung Smart Signage products offer corporates an opportunity to provide essential information to their clients…

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Lifestyle: Xiaomi Smart Blender

The Xiaomi Smart Blender allows you to prepare healthy smoothies, fresh juice and crushed ice with ease. Whether you want to blend hot or cold drinks, the smart blender gives you options for up to 1 200 ml for hot drinks or 1 600 ml for cold drinks. It gives you the power to easily…

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Lifestyle: Xiaomi Robot Vacuum X10+ mop

The XIAOMI Truclean W10 Ultra Wet Dry Vacuum is the perfect companion for keeping your home clean. The Xiaomi Robot Vacuum X10+ offers up to five times more efficient cleaning power thanks to its 4000Pa powerful suction fan blower, high-speed rotation 180-rpm dual pads, and four suction settings. Its upgraded suction power is able to…

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Celebrating 10 years of Top 35-under-35

The Top 35-under-35 competition is celebrating its 10th anniversary this year. To celebrate this milestone in style, this year we will be profiling some of the first 2014 finalists. Please join us as we look at their career journeys so far. We hope this feature will inspire our young #Differencemakers and future finalists to continuously…

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Focus: Leadership Focus: 9 Trends that will shape work in 2023 and beyond

In 2022, business leaders faced an increasingly unpredictable environment, with evolving return-to-office policies, higher employee turnover, and burned-out employees (more than ever before, in fact). In 2023, organisations will continue to face significant challenges: a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn. How employers respond could…

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Lifestyle: Xiaomi: Truclean W10: Ultra Wet Dry Vacuum

The XIAOMI Truclean W10 Ultra Wet Dry Vacuum is the perfect companion for keeping your home clean. The roller brush effectively removes stubborn stains such as sauce, oil, and rice thanks to its innovative high-temperature stain removal system. Suitable for both wet and dry cleaning, the triple cleaning power of the W10 allows it to…

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Manage your Practice: The Implementation of the Quality Management Standards: Recap

ISQM 11, ISQM2 2 and ISA 220 (Revised)3 come into effect on 15 December 2022. These standards are expected to have a significant impact on all firms that perform engagements in accordance with the IAASB standards. The South African Institute of Chartered Accountants (SAICA), in collaboration with the Pan African Federation of Accountants (PAFA) and…

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Lifestyle: Samsung S23 series – Amazing features

I could not wait for the launch of the latest Samsung S23 series because of the competition in the high-end smartphones and considering that South African consumers have been going through some tough economic times with prices of basic necessities increasing every day. So my question was basically why would one go for the latest…

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Lifestyle: Xiaomi: Smart Pet Food Feeder

Do you ever have to worry about who will feed your pet while you leave the house for shopping or dining out? The Xiaomi Smart Pet Food Feeder is the ideal companion for your pets when you aren’t home. It can automatically feed your pets when you aren’t around, making it great for short trips…

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Lifestyle: Explore South Africa and enjoy her beauty

In whatever province you find yourself this summer, there is a special fun destinations to visit. A wide array of accessible, affordable, safe experiences, activities and intimate getaway options are available right here in Mzansi that are sure to make those dear to you swoon. Here are a few ideas to get you started: Gauteng…

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Lifestyle: Tech review

Here are the reviews for the Huawei Mate50 Pro, ThinkPad Z16 Gen 1 and GIZZU 10W Solar Lighting Kit The HUAWEI Mate50 Pro is a futuristic tech-leading smartphone − IT comes equipped with a range of cutting-edge technologies, breaking new ground and expanding the scope of what users can expect from a smartphone. Amongst its…

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Lifestyle: Wine: Celebrate memorable

Award-winning winery L’Ormarins produces some of our country’s finest bottle-fermented sparkling wines made according to the traditional Méthode Champenoise (the same way Champagne is made), by which a secondary fermentation takes place inside the bottle. They are dedicated to giving Cape expression to Old World wine techniques and by doing so, pioneered a whole new…

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Lifestyle: A romantic Safari under the African sky

Thanda means ‘love’ in the language of the Zulu people. And if you’re looking for something a little more African to celebrate Valentine’s Day with your beloved this year, then look no further than Thanda Safari. We just know you will fall in love with the whole experience from beginning to end − from the…

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Manage your Practice: International Standard on Auditing 600 (Revised)

Special Considerations − Audits of Group Financial Statements (Including the Work of Component Auditors) The International Standard on Auditing 600 (Revised) (ISA 600 (Revised)) is a special considerations standard that applies to a group audit, including when component auditors are involved. The International Auditing and Assurance Standards Board (IAASB) wanted to ensure that ISA 600…

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Manage your Practice: ISA 220 (Revised): Quality Management for an Audit of Financial Statements

ISQM 11, ISQM 22 and ISA 220 (Revised)3 come into effect on 15 December 2022. These standards are expected to have a significant impact on all firms that perform engagements in accordance with the IAASB standards. The South African Institute of Chartered Accountants (SAICA), in collaboration with the Pan African Federation of Accountants (PAFA) and…

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Lifestyle: Travel – Where two oceans meet

Why don’t you take the road less travelled this season and explore the hidden gems in our beautiful country with your loved ones? If there is anything the past few years have taught us, it’s that traveling through our beautiful country is fantastic and can be filled with adventure and unexpected surprises. You often wonder…

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Lifestyle: Tech review – HUAWEI – NOVA 10 SE

as dual rings which decorate the module to produce a starry sheen. The smartphone’s 108MP imaging system reveals a new level of detail, giving HUAWEI nova users the tools they require to always capture and share life experiences. The HUAWEI nova 10 SE standout design feature, the rear cover’s Starry Flash Craft, features special gravel…

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Recommend: A beginner’s guide: International Standard

‘‘Sustainability reporting’ and ‘assurance of sustainability reporting’ are certainly not new concepts, especially in South Africa: ‘triple bottom ’line’ reporting was introduced in the King Report on Corporate Governance, 2002 (King II) and the King Report has advocated for assurance of sustainability information for many years. The landscapes of sustainability reporting and assurance thereof are…

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Lifestyle: Tech review – Orico

SET UP YOUR HOME OFFICE WITH ORICO Orico offers you products that will help you set up your office at home. All these products are available from all major online stores. Orico 11 Port The Orico Type-C 11-in-1 Transparent Hub features a fine design with aluminium alloy, which helps dissipate the heat caused by multiple…

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Manage your Practice: ISQM 1: What is the implementation status of our small and medium-sized practices?

On 26 August 2022 SAICA presented a practical ISQM 11 webinar specifically aimed at small and medium-sized practices (SMPs). Several questions were posed to the delegates during the webinar. This article will share the responses received from the delegates. These responses of course do not represent the results of a survey of the entire population…

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Lifestyle: Tech review – Laptop bags and tablet sleeves

Port Designs’ latest Laptop bags and Tablet sleeves are stylish, modern and easy to carry. These products are available from different online stores. Port Designs Courchevel 15,6″ Backpack The Port Designs Courchevel 14/15,6″ backpack is both robust and lightweight, designed to transport your laptop. The Courchevel has a padded interior compartment to provide optimal protection…

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Lifestyle: Travel – Summer roadtrippin

December in South Africa is about coastal migrations, as inlanders from Gauteng and elsewhere make their way to the coast for some holiday beach therapy. But you’ll also find many trekking in reverse, either returning North for Christmas with family or perhaps pursuing the bush and vast veld of these wonderful lands. The N1 is…

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Manage your Practice: ISQM 1: Information and Communication, Networks and Documentation

ISQM 11, ISQM 22 and ISA 220 (Revised)3 come into effect on 15 December 2022. These standards are expected to have a significant impact on all firms that perform engagements in accordance with the IAASB standards. The South African Institute of Chartered Accountants (SAICA), in collaboration with the Pan African Federation of Accountants (PAFA) and…

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Manage your Practice: Deregistration of companies and close corporations

Deregistration of companies and close corporations occurs when a company is removed from the Companies and Intellectual Property Commission (CIPC) register. The CIPC publishes in the Government Gazette the list of companies and close corporations that would have been deregistered. In terms of the Companies Act 71 of 2008, section 82(3)(a)(i), the CIPC may refer…

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Focus: How is your mental health?

It’s been called ‘the silent pandemic’: the growing prevalence of mental ill-health, which has been following an upward trajectory since the remote working and social distancing policies that were implemented to keep COVID-19 at bay heightened our sense of anxiety and isolation. Difficult as it was to adapt to these unfamiliar circumstances, the move to…

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Focus: To split or not to split, that is the question

The idea of splitting the auditing and non-auditing (consulting/advisory) businesses of firms was mentioned in a report by a United Kingdom Parliamentary Committee following the collapse of Carillion in January 2020. The UK regulator (the Financial Reporting Council, FRC) later asked the largest UK firms to operationally split up their auditing and non-auditing businesses by…

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Focus: Defining the future of auditing through intelligent automation and real-time opinions

Does the current model of the traditional regulatory and statutory audit still make sense in the changing business context? These audits performed by independent and external auditors in line with relevant laws and regulations, require the auditee to submit a set of reporting information, and the auditor to produce their report annually in line with…

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Lifestyle: Motoring – Ford Everest Sport

The Ford Everest sport 2,0 diesel 4×4 with its seven-seater configuration is a go-anywhere family vehicle. Its exterior, although modelled off the Ford Ranger, has a certain sophistication, and in sport guise Ford has added black 20-inch mag wheels, a 3D Everest bonnet badge and blackened badges all round, adding to the overall rugged look.…

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Lifestyle: Tech review – The Huawei Watch Fit 2, The Huawei Watch D, The Huawei Band 7, The Huawei Watch GT 3 Pro

Huawei South Africa recently launched its next generation of smartwatches and fitness bands. These smartwatches boast stylish designs, long-lasting batteries and innovative health and fitness tracking features. The Huawei Watch Fit 2 The Huawei Watch Fit 2 has an Amoled 1,74-inch Huawei full-view display and a new chessboard launcher that offers a seamless user experience.…

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Special Report – IASB – SAICA host the IASB BOARD chair and chairman of the INTERPRETATIONS COMMITTEE

The SAICA Standards unit had the pleasure of hosting Dr Andreas Barckow, the International Accounting Standards Board (IASB) chairman, and board member and chair of the International Financial Reporting Interpretations Committee (IFRIC), Mr Bruce Mackenzie CA(SA), in August. This was the first time since 2010 that an IASB international chair had visited SAICA and its…

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Lifestyle: Health – Why fruits and vitamins are the skincare ingredients of the moment

Like our bodies, our skin needs plenty of nutrients to look and feel its best. Scientists continually find new sources from which to extract these nutrients for our skincare products. But other than laboratory-created ingredients, where do our skincare ingredients come from? Nutritional skincare ingredients are extracted from plants, flowers, seeds and nuts, herbs, spices…

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Lifestyle: Travel

It’s always nice to be in on a little secret that most others don’t know about. If you’re that kind of person that needs some peace, space and serenity, with a gorgeous sea view: we’ve discovered a gem of a destination where you can always hide. Paternoster is a quaint fishing village that alludes a…

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Lifestyle: Travel

If you’re looking for that ideal stylish location for your business trip, yet that still has that ‘home-away-from-home’ touch, the AC Hotel by Marriott Cape Town Waterfront is at the top of the list with its incredible views of Table Mountain, Lion’s Head and Signal Hill, along with a food experience to write home about.…

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Lifestyle: International Travel – Interlaken

Interlaken is known as the adventure capital of Switzerland, and after a visit to this picturesque Alpine town, you will understand why and definitely return year after year. The untouched natural surroundings, crystal-clear waters and snow-covered peaks provide a sense of wellbeing. Interlaken in the Bernese Oberland is renowned for its impressive mountain scenery and…

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Lifestyle: Motoring – Kia Sorento

In January 2021 Kia revealed its new global brand slogan, which signifies the automaker’s bold transformation. The new image is not only visible in its new logo but also in the all-new design philosophy Before the launch of the new Sorento, Kia leaked pictures of the tail-lights, and they were nothing like we had seen…

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Lifestyle: Product review

In 2021, Jowayne van Wyk CA(SA), a Top 35-under-35 finalist, founded Jowa’s Grill (better known as Jowa’s Spices and Sauces), which has now expanded to Jowa’s Coffee and Jowa’s Nutrition. Jowa’s Hailing from the small town of Sutherland, Jowayne’s dream has always been to create something unique. He adopted his trademark name, ‘Jowa,’ from his…

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Lifestyle: Perfect for winter

A selection of products that are perfect for making the most of winter, travelling and staying warm. Ready for snow Ladies, stay warm and cosy while looking good, no matter the weather. With the K-Way Women’s Mia Ski Jacket you will be ready for any weather this winter. It is also perfect for the ski…

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Focus: A rosier future for crypto?

Monique Verduyn spoke to crypto expert Petri Basson, a CA(SA) who is building digital companies from the Cayman Islands, as well as developing a crypto data aggregation and normalisation business (Hash Data) to simplify digital asset management. Cryptocurrency is not just for young, tech-savvy millennials anymore. Governments, central banks and major enterprises can no longer…

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Focus: What keeps cryptocurrency auditors awake at night?

Insights from a webinar hosted by Mazars in collaboration with South African digital asset exchange Luno. Today, South Africa finds itself amongst the top-ranking cryptocurrency trading nations on the continent. With local daily crypto asset trading values exceeding the $45 million mark, regulators and auditors play an increasingly crucial role in securing and validating the…

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Focus: Blockchain technology for government procurement #A must or a maybe?

South African government supply chain and procurement processes are often marred by irregularities and allegations of corruption which are reported annually by the Auditor-General South Africa (AGSA) and other bodies, as well as the media. Of even greater concern is the lack of (quality) service delivery that often results from these irregularities and corruption, and…

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Focus: How do decentralised digital identities (DIDs) work on Ethereum?

Blockchain technology allows users to create and manage digital identities through the combination of three components: decentralised identifiers, identity management and embedded encryption. A digital identity arises organically from the use of personal information on the web and from the shadow data created by the individual’s actions online. A digital identity may be a pseudonymous…

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Focus: Sustainability reporting in the public sector

This article explores the intersection between corporate sustainability reporting developments and public sector reporting in South Africa Since the establishment of the Task-force on Climate-Related Financial Disclosures (TCFD) in 2015, the announcement of the International Sustainability Standards Board (ISSB) in 2021 at COP 26 and its subsequent establishment, and the introduction of new regulations in…

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Focus: A pathway to accrual accounting for national and provincial departments

Sandiso Gcwabe CA(SA), CFO of the Western Cape Liquor Authority and Deputy Chairperson of the SAICA Southern Region Public Sector Committee, calls for a National Implementation Strategy and Plan for the adoption of accrual accounting for national and provincial departments by 1 April 2026 The continued use of the current Modified Cash Standard (MCS) for…

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Focus: Funding of South African public schools explained

Since 1994, the government’s efforts to redress historical imbalances and achieve equity were fundamental policy mechanisms to restructure South African education Equity reforms in post-apartheid South Africa were intended to equalise funding among provinces, schools and socio-economic groups. This was undertaken through national policies that would direct state funding to public schools. The most significant…

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Focus: Public sector – The impact of 4IR on accounting and finance in the public sector

Doing the 4IR perspectives for accountants’ course as a trainee in the public sector made me wonder how the Fourth Industrial Revolution (4IR) could affect my organisation as a chapter 13 institution which is responsible for managing the public finances of the country. This article is a synopsis of thoughts and observations from our experiences…

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Focus: Public sector – Forgery risk high during COVID-19 lockdown period

As the risks of the COVID-19 pandemic saw various small to large entities crumble, it was an opportunity for fraudsters to flourish too. Assurance providers throughout the value chain of the integrated assurance should therefore ensure vigilance in managing the risks associated with fraud during a remote-working period The lockdown meant that most people, including…

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Focus: Public sector – Municipalities and their role in local communities

Given the history of our country, it is no surprise that the constitution determines developmental duties for municipalities by requiring them to structure and manage their administration, budgeting and planning processes to give priority to the basic needs of their communities and promote the social and economic development of the community The Constitution of the…

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Lifestyle: Technology reviews

COOL NEW GADGETS OPPO Reno7 Z 5G The OPPO Reno7 Z 5G is available in stylish super-sleek rainbow spectrum and cosmic black and weighs 173 g. It features a new ultra-slim retro design and comes with 8 GB of RAM and 128 GB ROM as standard. On the front of the smartphone, a 6,4-inch Amoled…

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Lifestyle: Book review

A BLACK CHILD TRANSFORMED BY ACCOUNTING Botshelo Mhomboti is an accounting clerk who has published her first book ‘A black child transformed by accounting’ in June 2021. She is already busy with her second book called ‘The poetic atmosphere of income tax’. This one will be a book full of income tax poems which aims…

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Focus: The Invigilator – The story behind the No 1 most downloaded education app

In 2020 Nicholas Riemer CA(SA) co-founded The Invigilator, an entry-level smartphone application used to monitor online and remote assessments. Since launching the company, The Invigilator has conducted over 1 million assessments and was the No 1 most downloaded education application in South Africa as of September 2021. At the moment the app is used by…

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Lifestyle: Technology reviews

LENOVO’S THINKPAD X1 NANO AND THINKPAD X1 FOLD; SAMSUNG FREESTYLE; HISENSE U9G 4K MINI-LED TV Take cleaning your home to the next level Take your automated home cleaning to the next level with the Xiaomi Mi Robot Vacuum Mop 2 Pro. This scanner maps out your environment in real-time for its AI to optimize cleaning…

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Focus: Former investment banker turned tech entrepreneur

Schalk Burger’s love for socio-economic upliftment and his passion for innovation combined to form Xhuma − a technology start-up focused on solving the last-mile contextual challenges faced by many talented individuals during their educational journey Schalk Burger CA(SA) can still vividly remember when they started the Xhuma journey and how they kept going from funder…

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Focus: A story of hope

‘I believe that women are stronger than they think and that we are born warriors … all of us. Women have to unleash the potential within themselves to navigate this journey called “life”. I did not give up and went against the odds to self-recovery,’ says Ruyaida Moosa A natural-born leader, Ruyaida Moosa CA(SA), MCompt,…

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Onke Mkiva: Bootstrapping Africa to success

Onke Mkiva (31), the winner of the Top 35-under-35 competition’s Lead category, is co-lead for RMB’s Africa Debt and Trade Solutions business (DTS) and serves on the RMB global DTS Exco. He leads a team of investment professionals across seven countries and was responsible for setting up the most fit-for-purpose operating model for this lending…

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Mariam Tayob Cassim: A story of sweet success

After gleaning vast amounts of valuable business acumen and insight during articles at Deloitte, Mariam Tayob Cassim CA(SA), along with her husband, rather serendipitously started a sweet factory called Richester Foods. Mariam has played a core role in growing the company from its novel beginnings to exponential success. Today the business boasts 600 employees and…

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Nicholas Riemer: Every problem has a solution

Nicholas Riemer (32), SAICA’s 2021 Top 35-under-35 overall winner, is proudly setting an example as a young leader. ‘Being included in this year’s competition was a truly humbling experience. The finalists are a remarkable group of individuals and seeing how each of them is flying the South African and CA(SA) flag high is an inspiration,’…

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On strategy: Zunaid Bulbulia – Lessons from the C-Suite

In a series of interviews, I explore the approaches of different business leaders (all of them chartered accountants) to strategy. This month I was in conversation with Zunaid Bulbulia CA(SA), who brought a wealth of C-Suite experience to the conversation To truly appreciate the experience that Zunaid brings to the strategy conversation, a brief overview…

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Lifestyle: Technology reviews

LENOVO’S THINKPAD X1 NANO AND THINKPAD X1 FOLD; SAMSUNG FREESTYLE; HISENSE U9G 4K MINI-LED TV LENOVO’S THINKPAD X1 NANO AND THINKPAD X1 FOLD share some of the same technical specs but remain different in many ways. They both use Windows 10 as operating system and an Intel Core processor, and their data is protected by…

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Lifestyle: Local travel – Untamed beauty

This season is perfect for leaving the hectic world behind and discover the untamed beauty of our country’s Elephant Coast and the neighbouring wildlife and marine reserves As you enter Hluhluwe, the ANEW Hotel immediately catches your eye, hidden as it is behind a wall of beautiful towering trees and lush green plants that this…

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Lifestyle: Turning challenges into success

Traditionally a male-dominated industry, Le Grand Domaine winemaker, Debbie Thompson, has proven that she’s a force to be reckoned with. Appointed in early 2020 she has already racked up numerous awards for this boutique brand Le Grand Domaine is situated at the top of beautiful Devon Valley, overlooking the majestic Stellenbosch mountains. Devon Valley is…

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Lifestyle: The power of scent

Did you know that fragrances and perfumes can be traced all the way back to Ancient Mesopotamia? Historically, fragrance was associated with royalty and the ultra-wealthy, but today, it plays an important part in our every-day lives So what is it about fragrance that makes it so special? Have you ever smelt a specific scent…

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Celebrating 20 years of Thuthuka

This year, SAICA’s Thuthuka programme celebrates its 20th year of changing lives and transforming the profession. Throughout the year, we’ll be celebrating some of the numerous milestones this programme has achieved. Milestone 1: SAICA membership demographics have changed significantly In 1980, there were only 8 African and coloured CAs(SA) in South Africa. Today, there are…

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Lifestyle: Bookshelf – The Shepherd and the Beast

In his book The Shepherd and the Beast, Tramayne Monaghan CA(SA) speaks authentically about his leadership experiences, struggles and triumphs to help others unlock their greatest potential. He creatively draws on the works of psychologists, myths and fables to highlight important lessons and encourages the reader to question their own leadership style and take time…

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Lifestyle: Tech review – Samsung Galaxy Z Fold3 5G

The new premium and durable Samsung Galaxy Z Fold3 gives you the luxury to watch, work and play like never before. It’s a combination of a tablet and a smartphone and can also work as a mini-laptop in your pocket – folded, obviously. When you unfold the phone, the 7,6-inch screen gives you PC-style productivity…

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Lifestyle: Cinderella pantomime

The 2021 Cinderella pantomime produced by Janice Honeyman is a perfect way to enjoy the festive season in Johannesburg. Once upon a time a girl named Cinderella lived with her two stepsisters. Poor Cinderella had to work hard all day long so the others could rest. One day big news came to town. The King…

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On strategy: SAICA’s strategic management process

Strategy formulation and risk management Environmental scanning To assist with strategic planning, SAICA management conducted a comprehensive environmental scan and diagnostic review. Its purpose was to understand SAICA’s current internal state and the external environment, the impact of the COVID-19 pandemic, and to identify key internal and external issues facing SAICA. The external environment scan…

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On strategy: Freeman Nomvalo: SAICA CEO

‘We are all strategists walking around …’ In a series of interviews, I explore the approaches of different business leaders to strategy. This month I was in conversation with Freeman Nomvalo, CEO of SAICA Having been in senior leadership roles in both the public and private sectors, Freeman shared his philosophy on various strategy-related aspects.…

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Lifestyle: Tech review – Toshiba Smart 4K LED

Synonymous with quality and great prices, Toshiba has relaunched TVs into the South African market. They are now boasting eight stellar models and planning to introduce many more. Toshiba TVs are manufactured in Cape Town, creating more job opportunities. Toshiba TVs are fondly remembered in many homes as our first TVs back in the day…

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Lifestyle: Motoring – Suzuki Vitara Brezza

Suzuki is a household name that is synonymous with compact off-road vehicles. However, over the last few years, they have been expanding their range with great success and have now become one of the fastest-growing motor vehicle brands in South Africa. SPECIFICATIONS Engine: 1,5L 4-cylinder POWER: 77 KW TORQUE: 138 N.M 0–100 KM/H: N/A PRICE…

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Lifestyle: Wine – Heritage in a bottle

When Stellenview Premium Wines founder, winemaker and entrepreneur Reino Kruger established the brand in 2009 (primarily for export to the Far East), it made perfect sense to pay homage to his family with one of the ranges, namely Kruger Family Reserve. The Kruger family heritage dates back to the early 1700s with the arrival of…

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Lifestyle: Travel – Sakhumuzi restaurant

There is only one street in the world that boasts two Nobel Peace Prize recipients − Vilakazi Street in Soweto The tree where everything began still stands as a monument. The circle of friends has grown over the past 18 years. Like Nelson Mandela and Desmond Tutu, Sakhumzi is building its own legacy in Soweto…

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Advice: On strategy – In conversation with Jeneen Galbraith

Focusing on things that matter In a series of interviews, I explore the approaches of different business leaders (all of them chartered accountants) to strategy. This month I was in conversation with Jeneen Galbraith, partner at the SMP (small-medium practices) firm of Galbraith Rushby based in Woodstock, Cape Town The same themes usually come to…

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Advice: 5 ways to manage office conflict

If you get any group of people together for long enough, some sort of conflict will be inevitable. We are all different and while diversity is important for problem-solving and developing a well-rounded organisation, differences in opinions can also be challenging   Disagreements will happen in any workplace, but the way they are handled can…

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Advice: On strategy – In conversation with Garrick Bowker

Implementing strategy in a family-owned private company In a series of interviews, I explore the approaches of different business leaders (all of them chartered accountants) to strategy. This month I was in conversation with Garrick Bowker, CEO of the Tavcor Motor Group Tavcor is a family-owned private company employing 300 people with dealerships in Port…

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RECOMMEND: Consolidated annual financial statements: A case for government?

With the poor financial position the South African government finds itself in, with low single-digit growth forecasts and spiralling debt, it could very well be left to accountants to help lead an economic recovery process by producing international standards of financial reporting and analysis to promote strategic decisions and allow for greater transparency The appendix…

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RECOMMEND: What do executives really earn from share-based remuneration?

Executives of South African listed companies are increasingly incentivised using share-based remuneration. However, the valuation of share-based remuneration is complex and disclosure thereof in annual reports is often inconsistent – providing an opaque picture of what executives realise from such remuneration Globally, executive remuneration has become a topic of interest to shareholders, regulators, and even…

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RECOMMEND: Global financial reporting agenda set to change

From 2022, the global financial reporting agenda is set to change. How will South African companies be impacted? This change comes as the global standard-setter, the International Accounting Standards Board (IASB), is embarking on its third agenda consultation. Much like the changes which were brought about by the second agenda consultation, the new global financial…

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Lifestyle: Tech review – OPPO’s recently launched Reno5

Its key feature is that it is one of SA’s fastest charging smartphones. With a built-in output charging pin, the device gets to 100% in just 36 minutes safely, to ensure better usage and functionality over longer periods of time. This is an added advantage to many other functionalities in a technological and online driven…

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Tramayne Monaghan’s Ten Cents’ Worth

Move over, number crunchers. Tomorrow’s CAs(SA) are more concerned with adding value than balancing the books, says Tramayne Monaghan. And he should know – as chief innovation officer of Tencent, he’s a living example of this new breed ‘My mother isn’t actually sure what I do,’ Monaghan laughs. That’s not surprising, given that he describes…

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Thuthuka school project jumpstarted young CA(SA)’s career: Lizanne Campbell

The major hurdle that the accounting profession faces, along with other scarce-skill professions, is the low number of learners (just 12%) passing maths with marks above 60%. Despite this, the profession has been successful in sustaining its pipeline thanks, largely, to the efforts of the SAICA’s Thuthuka Education Upliftment Fun. Lizanne Campbell (28) CA(SA), Manager…

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A philanthropic mantra or core business imperative?

Every type of inequality is magnified and exposed through COVID-19, which makes this Sustainable Development Goal (SDG) even more relevant and urgent right now. Its socio-economic impact on the poorest and most vulnerable of our society is expected to last for years beyond the pandemic and requires a specific and intentional focus by leaders across…

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An online learning solution

As a result of COVID-19, education has changed dramatically in a short period of time. Many contact university programmes have had to adapt their teaching and learning pedagogies to online, technology-driven delivery methods. Daylan Staude, senior lecturer and taxation subject head in the Department of Accounting at the University of Fort Hare (UFH), has embraced…

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Public Sector: The onus to change the narrative

Those of us familiar with the public sector in South Africa know that there is an ongoing lack of responsibility in driving much-needed transformation across the various spheres of government. There are those who are in a position to effect change, but a number of obstacles hinder success. Also, those in need of aid have…

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SDG 4: Safeguarding the future of education

Former president Nelson Mandela once said: ‘Education is the most powerful weapon which you can use to change the world.’ But education takes time –and we must act now to safeguard the future of education. Over the years we’ve seen how, through education, people from the most challenging situations have managed to break out and…

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Feature: Contributing to the women in leadership pipeline

It’s International Women’s Day on 8 March 2021, a global day celebrating the achievements of women while highlighting the urgency of realising gender equality. SAICA, as a voice for women empowerment, is creating a platform for leadership development of female members in 2021. Apart from the moral and social case for gender diversity, the business…

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The government predicament

In my previous article, I posed the following scenario. An individual finds himself in a body of water with no means to stay afloat and unable to swim ashore. Flanking the shore are several individuals, each positioned at a vantage point that offers a clear view of the person slowly sinking. However, rather than aiding…

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On the highway of triumph: Hundzukani Mabunda

Despite a traumatic childhood hemmed in by in pain and poverty, Hundzukani Mabunda has proved that you can rise above your circumstances and achieve the impossible. She was the first learner at her village to pass Grade 12 with distinctions and also the first qualified chartered accountant at Bambeni Village in Limpopo Province. Today she…

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SDG 8: Even more important in the light of the COVID-19 pandemic

For vulnerable groups of people in South Africa (mainly the youth, women and South Africans struggling with chronic poverty), job creation, entrepreneurship and sustainable small and medium-sized entities must be the focal point of SDG 8: ‘Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all’. The rapid growth…

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#weFEEDsa

Zahid and Zahida Fakey are both CAs(SA) and far from the typical couple. They have taken a unique journey to find their ultimate purpose in life and today we read about their extraordinary story. Last year, in Level 5 of lockdown, the opportunity to make a difference blatantly presented itself and they courageously launched #weFEEDsa…

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Teaching others to be financially savvy

After attending a conference in Amsterdam, Kalene Smalberger had a lightbulb moment when she realised how great the need was for entrepreneurs to understand the basics of finance. She landed back in South Africa and has since launched various financial courses that are making an incredible difference, right from kids to entrepreneurs, on how to…

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The acceptable theft

Albert Einstein famously said: “The world will not be destroyed by those who do evil, but by those who watch them without doing anything.” So many of us point fingers at the rampant corruption in the public sector, while in in the private sector we don’t think about ourselves and the wrongs we’ve normalised through…

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Ethics: SAICA’s internal values and ethics

SAICA’s principal purpose is the enhancement of the relevance, values, competence and influence of its members in South Africa and abroad, and to contribute to economic and social development in South Africa as documented in its constitution. To achieve its purpose, SAICA has adopted as one of its fundamental and enduring long-term ancillary objects for…

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Ethics: Ways to enhance professional ethical identity

The Professional Ethical Choice Model described here is one of the experiential learning tools used on SAICA’s mentoring programme, Development of the model A former chair of the Health Professions Council of South Africa’s (HPCSA) Ethics Committee, Professor Charles Malcolm, shares a story of how he came up with the idea of using a method…

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Ethics: Building ethical professionals

The SAICA mentoring programme, which started in 2017, is aimed at developing and maintaining an ethical professional culture. One of the perennial challenges for professional bodies has been how to ensure ethical behaviour of their members to protect clients and the public and to protect their members at the same time. High-profile ethical breaches have…

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Ethics: Creating an ethical training environment

Training offices play a critical role in developing future SAICA members and associates. For a long time, the emphasis of the training programme has been on providing an opportunity for trainees to practise and demonstrate technical competence while developing as professionals. The amended training programme competencies in 2016 started to place more emphasis on professional…

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Ethics: The shift to ethical culture

The emphasis on ethical culture in organisations has become much more pronounced in recent years. There seems to be a realisation that regulations and compliance to regulations − important as they may be – simply are not sufficient to ensure sustained ethical conduct in organisations. In fact, a too strong emphasis on regulation and compliance…

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Ethics: Towards better ethical decision-making

Ethical decision-making rooted in the fundamental principles, supported by the decision-making framework known as the conceptual framework, and informed by efforts to address the five sources of bias produces a better result, insulates the decision-maker from questionable conduct, and is superior to an ‘I know best’ approach. There is a school of thought commonly held…

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Ethics: Ethical conduct starts with personal values

When asking a school child what values his/her school embraces, he/she will quickly tell you: respect, honesty, fairness, responsibility, acceptance, excellence … We all develop personal values from a very young age, and these values are personally embedded in who we are, where we come from, what we have experienced, and how we see the…

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Ethics: Why character matters

Accounting ethics: Why character matters By Schalk Engelbrecht, Chief Ethics Officer at KPMG South Africa as well as Research Associate with the Centre for Applied Ethics (Stellenbosch University) and an Extraordinary Associate Professor with the School of Accounting Sciences (Northwest University) Johannesburg, 8 September 2020 – We generally assume that a person can be good…

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Ethics: Answering the call to ethical behaviour

SAICA implores those holding SAICA designations to seriously reflect upon their role within the broader context and their responsibilities to uphold the standards of behaviour expected and to consider the consequences not acting ethically or without the required competence and skills Over the past few years, the number of widely publicised corporate scandals alleged to…

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Accounting for responsible leadership during challenging times

The technological disruption brought about by the onset of the Fourth Industrial Revolution (4IR) has, in combination with the COVID-19 pandemic, created a profoundly changed reality and operating environment for companies and 2021 will continue to be dominated by technology and adaptability. Businesses are still trying to play catch-up from the staggering level of business…

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Tsakani Maluleke is charting change

South Africa’s new Auditor-General, Tsakani Maluleke (45), has her work cut out for her. But this dynamic young woman is motivated to make a success of her role and to continue the fight her predecessor, Kimi Makwetu, started for good governance in public finance and against rampant mismanagement and fraud. As a young girl, Tsakani…

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Living the Code

As a recognition that registered auditors may at times be exposed to imperfect situations, the code of conduct equips IRBA’s members to think through ethical complexity, by referring to its conceptual framework. The code requires RAs to be able to identify, evaluate and address possible threats to the achievement of the code’s fundamental principles. Professional…

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Have you heard of a DIGITAL CFO?

The digital age does not cease to surprise with all kinds of new and interesting things with which we need to keep up in order to have a sense of comfort about how informed and prepared we are for a new world Digital transformation, digital strategy, digital innovation and other terms which start with the…

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Cybersecurity RESOLUTIONS EVERY BUSINESS NEEDS in 2021

Being able to retain customer trust has never been more important – or more difficult – following the events of 2020. With so much disarray and widespread changes to working patterns, such as the mass migration to remote working, the job of keeping businesses secure has never been more difficult Between more sophisticated cybercriminals and…

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Gain an hour a day and take back your life

Seneca said: ‘People are frugal in guarding their personal property; but as soon as comes to squandering time, they are true most wasteful of the one thing in which it is right to be stingy’. The world has changed. We are suffering fatigue and frustration as we continue our journeys of untangling our work and…

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The future is positive

Ian Mann, one of South Africa’s most respected strategy and leadership consultants, shares his fact-based views on why the world is getting better. In a time where we could all do with a little positivity, Ian Mann, CEO of Gateways and international strategy and implementation consultant, feels it’s time to give SAICA and its members…

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4 predictions for digital finance in 2025

The digital transformation of the finance function has continued relentlessly throughout 2020. We’re already starting to see the paybacks from making small, incremental changes to financial workflows by adopting emerging technologies. The pandemic is accelerating the speed of change and catalysing more investment in end-to-end automation and remote working. Where will the digital transformation of…

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The CFO rebooted

Bean counters? Hardly. Aided by technology, the CFO of the future plays an integral role in everything from business strategy to digitalisation. There was a time when the primary concern facing senior financial decision-makers was the company’s financial performance, usually considered from a rearview mirror perspective. That is changing as digital tools broaden the scope…

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Digital technology transforming the role of the CFO

Today’s CFOs are transforming into real-time analysts and they are part of a C-suite force leading the digital transformation agenda in their organisations. Until a few years ago, digital transformation was not high on the agenda for most finance chiefs. Though they recognised that IT was important, most CFOs thought of digital as a technology…

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The art of unlearning and reimagining

COVID-19 is forcing us to have many conversations we probably should have initiated a long time ago − one of which is whether our education system needs to change. Author, futurist and strategy consultant Graeme Codrington recently spoke at a webinar on the future of accounting education, learning and professional development hosted by SAICA to…

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A post-industrial era education model

Rob Paddock, founder of GetSmarter digital learning platform, explains micro credentialling and the need to provide a post-industrial era education model which offers affordable, accessible and quality education to all. We are living in a world of radical shift. And yet, our education system harks back to a bygone era. As part of its ‘Future…

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The changing face of education

Kerryn Kohl, co-founder of 4thTalent, recently spoke about developing competence for the future world of work as part of a series on the future of education run by SAICA. Over the past few months, we have been pushed into a new way of being. Thanks to COVID-19 the digital revolution has been fast-tracked and, whether…

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Tertiary education going online

Gareth Olivier, founder of CA Connect, speaks about what the tertiary providers of the future will look like and how they can remain relevant. While COVID-19 has forced countless companies and institutions to scramble their way online, last year CA Connect (through Milpark Education), drawing on a decade of experience in flexible accounting education, had…

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Adopting a project-based approach to education

Sizwe Nxasana, founder of Future Nation Schools, recently spoke about his chain of affordable schools and whether his innovative methods can be adopted at tertiary and post-CA(SA) qualification levels. There is no denying that the education system in South Africa is deeply lacking. But innovators such as Sizwe Nxasana, founder of Future Nation Schools (FNS),…

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Preparing to develop future CAs(SA)

Professor Alex van der Watt CA(SA) discusses the impact of CA2025 on the qualification process. The chartered accountancy qualification is constantly evolving. SAICA recently entered the final stage of its CA2025 project, an ambitious project that aims to completely overhaul the qualification process and competency framework to ensure it remains fit for purpose in a…

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What does the future hold for CAs(SA)?

Around the world, chartered accountants are respected and sought after for their business acumen. For as long as global economies are powered by sophisticated fiscal systems, CAs(SA) will remain an indispensable part of business due to their rigorous training. However, it is crucial for chartered accountants worldwide to stay relevant in a world increasingly driven…

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What are CEOs and CFOs saying about 2021?

According to futurist Karl Schroeder, foresight is not about predicting the future, it is about minimising surprise, and this will be a cardinal aspect in planning for the year in order for South African businesses to not only survive but thrive. ASA spoke to four major players in the South African landscape about their sentiments…

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Movers and shakers in the digital era

Building her personal branding: Zimasa Tile Zimasa Tile (29) from Johannesburg could be described as influential and inspiring, both in and out of the office. As a business manager to the head of investment banking South Africa (IBSA) at Standard Bank, Zimasa’s adult life is a far cry from the little orphan girl from Mount…

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