[Pascale Butcher] An important fundamental common to every business is the management of profitability and cash flow. It is critical to understand the difference between them and the fact that profitability and good cash flow do not necessarily coincide...
[Rikus Visser] By now most of us have received an email that requires one to click on a link to update your banking details. Hopefully we are all aware that these are scams and that no South African bank will ask you to update any banking details via an email...
| [Finance & Insurance] Yet another bank has to be bailed out and this time it’s the African Bank. If you’re one of the shareholders, you most probably have either sold your shares by now or are trying to get them sold.|
[Desiree Goodwin] The 2014 tax season is now in full swing. Here are the ways in which you can complete your return and some areas to be careful of...
[Graham Turnbull] We invest in a retirement annuity to ensure we can live comfortably in retirement - but what happens when a penalty promises to take a massive chunk out of your savings?
[Brett Bowes] We are enjoying 20 years of democracy so it is a good time to take an objective look at transformation as a partnership between government and the private sector.
[Ross Pennell] Policymakers at the recent International Monetary Fund (IMF)/World Bank meetings highlighted the fact that several countries, including South Africa, are faced with the problem of having to tighten monetary and fiscal policies.
[Laurence Hillman] In South Africa, it would be normal if you had to work your entire life and still end up in debt - an uncertain future exacerbated by the average debt-to-income ratio of 80% and the fact that three out of four people will cash in their retirement fund when they change jobs, often to pay off previously incurred debt.
[Pascale Butcher] Have you ever walked through a mall or down the street and been confronted with a new product that is exactly the same as yours and you had that "oh no, not another one" feeling?
[Graeme Palmer] Advances in technology have seen a significant increase in e-commerce transactions where goods and services are supplied to South African consumers through the medium of the internet. The Value Added Tax Act requires VAT to be charged on these transactions at the standard rate of 14%.
[Chantelle Dreyer] The impact of weak economic growth is being increasingly felt as thousands of jobs disappear and employment prospects dissipate.
[Peter Meredith] While well ahead of Africa, and placed competitively worldwide, most South African entrepreneurs would consider they pay too much tax.
[Michael Stein] The Tax Administration Laws Act 28 of 2011 is a fascinating and far-reaching piece of tax legislation that affects all taxpayers and tax practitioners. For instance, Chapter 15 of the Act deals with administrative non-compliance penalties, which comprise fixed amount penalties and the percentage-based penalty.
[Arthur Kamp] The general expectation was that the South African Reserve Bank (SARB) would hold interest rates steady. After all, domestic demand is soft, credit extension growth has been modest and the core inflation rate has been stable at 5.3% for the last four months of data up to December 2013.
[Kay Schröder] In an attempt to overhaul its foreign investment protection regime, SA gave notice to cancel its Investment Protection Treaty with Germany. Subsequently, on 23 October 2013 the draft Promotion and Protection of Investment Bill was published for public comment.
[Wade Witbooi] The expansion of the retail unit trust industry has been quite robust, from offering two funds in 1965, to 107 funds in 1996, and more recently, investors have approximately 1000 unit trust funds from which to select.
[Ross Pennell] South Africa is currently the largest economy and the most attractive for foreign investment in Africa - but for how long?
[Santhiran Naidoo] For the past few weeks we have seen an increasing number of reports on the US government shutdown, budget impasses, defaults, democrats, republicans and the like. While these issues are played out on a foreign continent, they have far reaching implications and could possibly represent significant changes in the global economic environment.
[Erika van der Merwe] South Africa's young yet lively venture capital ecosystem is building momentum, with the increased availability of funding mechanisms for innovation being one important driver of this growth.
[Nico Coetzee] One of the most important goals we can save towards is our children's education. With a realistic estimate of South African university fees currently sitting at between R35,000 and R50,000 a year (excluding living expenses), most of us will need to save in advance to finance these considerable amounts.