Suzane Stevens, executive director of marketing at BrightRock.
Lessons for SA's 650,000 entrepreneurial businesses from BrightRock

This extended entrepreneur month, we find out more about Suzanne Stevens, one of three founders and currently executive director of marketing at BrightRock in 2011, chosen for the Ernst & Young Entrepreneurial Winning Women programme in 2013.

By Leigh Andrews 13 hours ago

Bongani Coka, CE of Saipa. Photo: The Legacy Project
It's a matter of trust

While a good reputation takes time to build, but can be destroyed overnight. This is particularly true of the accountancy and audit profession, which lives off its credibility. Distrust has recently become a major issue, especially with the recent public backlash experienced by politically implicated persons in the accounting profession.

By Bongani Coka 17 hours ago

Mediclinic calls quits on Spire takeover
Mediclinic calls quits on Spire takeover

Mediclinic International on Monday morning halted its takeover bid for its London-listed associate Spire Healthcare.

By Robert Laing 17 hours ago

BBM Messenger's Adam Pattison on chat, dark social and the new mobile economy
BBM Messenger's Adam Pattison on chat, dark social and the new mobile economy

On his visit from London to South Africa for the MMA (Mobile Marketing Association) Forum in Johannesburg on 2 November and Mobile Monday in Cape Town on 6 November, Adam Pattison, vice president, Americas & EMEA at BBM Messenger, shared insights into chat or dark social and how this is shaping the mobile economy.

By Jessica Tennant 1 day ago

Why hedges fund asset growth is declining
Why hedges fund asset growth is declining

While more than 90% of industry assets have successfully transitioned into the regulated space, hedge fund industry assets under management (AUM) decreased by 9.1% year-on-year. This was the industry's first decline in AUM in over five years, which saw assets dropping to R62.2bn.

1 day ago

#Newsmaker: Justine Cullinan wins Veuve Clicquot Elle Boss Corporate Award
#Newsmaker: Justine Cullinan wins Veuve Clicquot Elle Boss Corporate Award

5FM's station manager Justine Cullinan won the Corporate Award at the Veuve Clicquot Elle Boss Awards on Thursday, 9 November. It was just her and overall winner Amanda Dambuza, founder and director of consulting company Uyandiswa, who took home awards on the night.

By Jessica Tennant 17 Nov 2017

Saica signs climate-related risk agreement
Saica signs climate-related risk agreement

The South African Institute of Chartered Accountants (Saica) has affirmed its commitment to sustainability reporting by signing a statement of support for the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

17 Nov 2017

Photo: Transnet
Corruption watchdog finds more than 20 banks handled money for Gupta companies in Transnet deal

More than 20 banks sent or received money to Gupta-linked companies, an investigation by the Organised Crime and Corruption Reporting Project (OCCRP) found.

17 Nov 2017

Nhlamulo Dlomu, CEO KPMG
No sign of probe KPMG promised

International auditing and accounting firm KPMG is scrambling to justify why there is no progress on setting up an independent investigation into work it did for the controversial Gupta family and its report on the South African Revenue Service's (Sars') so-called "rogue unit" despite an undertaking made two months ago.

16 Nov 2017

Strengthening of trade, investment ties at Africa ASEAN Business Expo
Strengthening of trade, investment ties at Africa ASEAN Business Expo

A delegation from South Africa's Black Business Council recently held talks in Johannesburg with business leaders from Singapore and Malaysia on potential investment and bilateral trade.

16 Nov 2017

Ruling on special tax provision spells good news for franchise operators
Ruling on special tax provision spells good news for franchise operators

The modern tax advisor must maintain the balance between ensuring that clients are in full compliance with tax laws, yet remain optimally tax planned. Taxpayers only want to give government the correct taxes due, when it is due. There is a natural tension with Sars whereby it is obligated by law to collect maximum taxes, as quickly as possible.

By Natasha Wilkinson 16 Nov 2017

Township and rural economies to change the development narrative
Township and rural economies to change the development narrative

The face of township and rural economies where unemployment, poverty and inequality are still rampant is fast changing, thanks to a successful public-private partnership which recognises the potential for emerging enterprises to contribute towards job creation and the mainstream economy.

Issued by Ithala Development Finance Corporation 15 Nov 2017

Mastercard-Spazapp collaboration brings cashless payments to informal retailers
Mastercard-Spazapp collaboration brings cashless payments to informal retailers

The informal retail sector boasts an impressive R46 billion in annual sales a year with more than nine million households regularly shopping at these stores. While these shops represent the economic backbone of many local communities, according to Mastercard "their true potential remains untapped as they do not have the tools necessary to accept electronic payments and run their businesses effectively."

15 Nov 2017