10 Apr 2012

Finance, Accounting & Banking

 

Stating the obvious

Your government cares about you, you'll be pleased to know, and has taken note of your concerns (but not reduced its tax take etc, mind) regarding the latest fuel price increase, which has seen the liquid gold you pour into your precious metal going to highest price ever. But here's some excellent advice for you, just in case you hadn't thought of it already... our Energy Minister Dipuo Peters suggests it might be a good idea for you to be a bit more economical in terms of your fuel use, given the rocketing price of fuel.

That's all very well, but given the magnificence of our public transport systems, and the fact that commuting to and from work makes up by far the highest portion of your time behind the wheel, there's not a huge amount we can do to mitigate the effects of the fuel price, other than forming lift clubs and such-like.

On the rhino horn front, Water and Environmental Affairs Minister Edna Molewa has cracked the whip on unregistered rhino horn stockpiles and says that if you have any rhino horns in your possession, you need to register them. She says doing so will "help us fight against poaching".

The only problem with that, of course, is that poachers are not really that concerned about the Biodiversity Act of 2004 that requires that everyone who is in possession of a stockpile of horns should have a permit.

On the movie front, it's coming up for exactly 100 years ago that Captain Smith decided a few lumps of ice were not much to worry about, ordered "full ahead" - and ploughed the Titanic into one - sinking the ship and killing hundreds of passengers and crew. So, it's a fitting time, writes Daniel Dercksen, for the Titanic to sail off again, this time in 3D.

Henrie Geyser, Bizcommunity.com's very own motoring editor and the sexiest member of the media motoring fraternity, says the new Mini roadster - which has lost its roof and back seats and been transformed into a fully-fledged little sports car - is the sexiest Mini ever made.

Rod Baker, content director

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Finance, Accounting & Banking


World Bank to interview candidates this week
WASHINGTON: The World Bank on Tuesday, 3 April 2012 said it would conduct interviews with the three candidates for the bank presidency this month as previously planned. Read more >>

Accounting and Auditing


Four reasons why every business owner should know about bookkeeping
You own a business, right - but how do you look after the financial side of it? Do you have a bookkeeper, or do you have the skills yourself? Either way, it makes good sense to be able to keep track of your business' financial health. Read more >>

Banking


Cellphone is 'banking tool of the future'
[Ure Kamhunga] The cellphone is the future of banking in SA's retail banking sector, according to the head of FNB's cellphone banking unit. Read more >>

RMB Private Bank offers new app to clients
Shortly after being awarded the Euromoney award for Best Private Bank in South Africa, RMB Private Bank announced the launch of their transactional banking application exclusive to their clients. The app launches on Apple (iOS), BlackBerry and Android platforms, with Nokia (Symbian) to follow. Read more >>

Financial Services


PPS policyholders share in R1.7 billion return
PPS, the specialist South African financial services provider to graduate professionals, highlighted the value of its mutual business model after announcing that its members as PPS Provider policyholders received R1.7 billion in allocations to their Surplus Rebate Accounts (SRA) in 2011. Read more >>

Debt-collection IT platform launched
Swordfish, a debt software solutions provider, has launched a facility designed for the SA market, allowing businesses and their outsourced agencies to share an IT platform for streamlined, productive and cost-effective debt collection. Read more >>

MUA appoints experienced head of finance
Specialist high net worth underwriter MUA Insurance Acceptances has appointed Dawie Loots as its new head of finance with effect from 1 April 2012. Loots is a qualified chartered accountant and has over ten years commercial experience, having worked as the financial manager and financial controller for The Company of Wine People, and as an assistant audit manager for Ernst & Young. Read more >>


Government
Business confidence falls - SACCI
The SA Chamber of Commerce and Industry' s Business Confidence Index (BCI) for March declined by 3.8 index points to 95.7 after rising by 2.4 points in February 2012, the body said. "The March 2012 reading is the worst since March 2009, when the BCI stood at 93.1," it said. Read more >>

Progress made in social grants re-registration
[Gabi Khumalo] Social Development Minister Bathabile Dlamini says good progress is being made in the enrolment of social grant beneficiaries on the new biometric-based payment system since the process started on 1 March 2012. Read more >>

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