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Bonang Mohale, CEO: Business Leadership South Africa
BLSA suspends KPMG membership

Beleagured audit firm, KPMG SA, has received another body blow with the suspension of its membership of the BLSA...

2 days ago

Seedstars announces Senegal finalists, heads to Cameroon
Seedstars announces Senegal finalists, heads to Cameroon

Today, Friday, 22 September, nine of Senegal's most promising seed-stage startups will compete to represent the country at the regional and global Seedstars Summits...

3 days ago

Consumer spending leads economic recovery
Consumer spending leads economic recovery

The recent launch of the Mastercard SpendingPulse Report is a first for South Africa. The Report is an early indicator of consumer spending trends...

By Danette Breitenbach 3 days ago

KPMG woes worry Reserve Bank
KPMG woes worry Reserve Bank

The Reserve Bank will meet SA banks to raise concerns over possible negative consequences should auditing firm KPMG be forced to close its doors

3 days ago

Monde Mawasha, Coega Development Corporation programme director: information & communications technology (ICT) and research unit (RU)
It's time for Africa

The rise of the fourth industrial revolution, through digitalisation and internet connectivity, is adding intricacy to future economies and their employment outcome...

By Monde Mawasha 3 days ago

The case for corporate renewable energy projects in Africa
The case for corporate renewable energy projects in Africa

Renewable energy has journeyed from the subsidised fringes of electricity supply to become an integral part of the power landscape

By Theuns Ehlers 20 Sep 2017

Are central banks really threatened by cryptocurrency?
Are central banks really threatened by cryptocurrency?

While central banks quake at the thought of losing monetary control with the advent of cryptocurrency, the big winner is the client...

20 Sep 2017

First solar-powered Nedbank branch launched
First solar-powered Nedbank branch launched

Nedbank has launched its first solar branch in Mncwasa in the Eastern Cape using SolarTurtle...

20 Sep 2017

No paying via Bitcoin just yet says Pick n Pay
No paying via Bitcoin just yet says Pick n Pay

Pick n Pay said on Monday it was unlikely to roll out the Bitcoin payment platform until there was a regulatory framework for managing risks...

By Palesa Vuyolwethu Tshandu 20 Sep 2017

Bank in row with regulator over evidence
Bank in row with regulator over evidence

Standard Bank and the Competition Commission were at loggerheads over the whereabouts of the antitrust regulator's forex investigation record...

20 Sep 2017

Sasfin dumps KPMG after 18 years
Sasfin dumps KPMG after 18 years

Delivering yet another blow to KPMG's already battered reputation, JSE-listed Sasfin Holdings has fired the audit firm as its independent sponsor...

19 Sep 2017

Pick n Pay trials bitcoin payments
Pick n Pay trials bitcoin payments

Bitcoin payments could soon be commonplace at Pick n Pay...

19 Sep 2017

The financial value chain and technology
The financial value chain and technology

Financial inclusivity is a prerequisite to building a healthy economy, especially in Africa...

19 Sep 2017

Treasury to amend foreign tax plan
Treasury to amend foreign tax plan

The Treasury has agreed to significantly amend its proposal to repeal the 183-day tax exemption on income earned abroad...

18 Sep 2017

Trevor Hoole, former CEO of KPMG SA
KPMG heads roll after Gupta probe

Eight of KPMG SA's senior executives "resigned" following KPMG International's investigation...

15 Sep 2017

Breaking news: KPMG execs resign amid Gupta scandal

KPMG SA CEO, Trevor Hoole, and a slew of the audit firm's executives and board members have resigned...

15 Sep 2017

Audit firm rotation gets the nod
Audit firm rotation gets the nod

Parliament's finance committee is not convinced that the introduction of MAFR will atransform the accounting profession...

15 Sep 2017

Chantell Ilbury, strategic planner
Watch out SA! You're facing investment league relegation

A lack of clear direction, questionable education and wide-scale governance failure could see South Africa relegated from the investment premier league...

15 Sep 2017

#InnovationMonth: Hit the 'sweet spot' and you'll get your investors
#InnovationMonth: Hit the 'sweet spot' and you'll get your investors

The SA Innovation Summit was an explosion of, well, ideas and innovation. One talk that particularly intrigued me was one by Tmara (Target Market Adoption Risk Assessment)...

By Ilse van den Berg 14 Sep 2017

Photo: SAA
Treasury plans R10bn special appropriation bill to keep SAA afloat

Treasury plans to bring a R10bn special appropriation bill to Parliament before the end of the month to provide SAA with capital to continue operating...

By Linda Ensor 14 Sep 2017

Alipay and Zapper gives Chinese tourists in South Africa new payment option
Alipay and Zapper gives Chinese tourists in South Africa new payment option

Alipay, in partnership with Zapper, has made it possible for Chinese tourists in South Africa to pay at 10,000 Zapper-affiliated merchants across the country via their smartphones...

13 Sep 2017

Mall of Africa
Attacq eyes first dividend and Reit conversion

Attacq CEO Morne Wilken says the development company is on track to pay its first dividend of 73c per share next year, and will convert to a real estate investment trust (Reit) in the following year...

By Karl Gernetzky and Alistair Anderson 13 Sep 2017

Sars has a R13bn shortfall, as sluggish economy takes toll on state coffers
Sars has a R13bn shortfall, as sluggish economy takes toll on state coffers

Tax revenue in the first quarter of the current financial year to end-June was R13.1bn lower than the printed estimate...

By Linda Ensor 13 Sep 2017

New code extends accountants' ethical obligations
New code extends accountants' ethical obligations

A professional accountant's obligation to report non-compliance with laws and regulations has become more stringent...

By Ragiema Thokan-Mahomed 12 Sep 2017

House insurance row
House insurance row

A national insurance firm has changed tack and apologised to a township homeowner for its initial refusal to insure his R5m house in KwaNobuhle...

By Hendrick Mphande 12 Sep 2017

Survey: SA banking clients prefer digital
Survey: SA banking clients prefer digital

South Africans prefer to access their banking services with a mobile app, and they are most likely to complain about bad service...

11 Sep 2017

Neal Froneman, CEO of Sibanye-Stillwater. Photo: BizNiz Africa
Sibanye's new gold rush

Sibanye-Stillwater has been approached by buyers interested in its Beatrix West and Cooke operations, which it is planning to put on care and maintenanc...

11 Sep 2017

Insights into IFRS and insurance companies
Insights into IFRS and insurance companies

Insurance companies are required to comply with the applicable financial reporting standards...

By Denise Durand and Charl Williams 11 Sep 2017

Magda Wierzycka, CEO of Signia Asset Management. Photo: Invest SA
KPMG under scrutiny about Gupta involvement, as clients jump ship

Iodsa has temporarily suspended all co-branded activities with KPMG, while a review of work done for the controversial Gupta family is conducted...

By Genevieve Quintal 8 Sep 2017

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