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Weekly top stories


MasterCard appoints new division president for SA
Mark Elliot has been appointed as division president for South Africa at MasterCard. Based in Johannesburg, Elliott will oversee the performance, strategic direction and brand development of MasterCard in South Africa. read more>>



Actuarial & Insurance
FAnews launches Apprentice programme
If insurance is not already on students' radar as a career choice, it should be. However, the mere word insurance makes people cringe when it is mentioned as a career pathway, but why? read more>>
Accounting & Auditing
PKF International announces addition of new firms
PKF International has recently announced the addition of three new firms, and new offices in Johannesburg and Knysna. read more>>
Keeping the cash, flowing

Pascale Butcher, Issued by Meredith Harington

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... read more>>
Education & Training
Color Accounting eliminates the vagueness of accounting language
The language of accounting is stuck in the dark ages - it has not been updated in 500 years - and businesses are failing because of it. - says Peter Frampton read more>>
Financial Services
South Africans have embraced online shopping
The latest Wonga.com South Africa device usage data indicates that 44.64% of its customers use traditional computers or laptops when applying for a short-term loan, followed by Android-powered smartphones (17.69%) and BlackBerry devices (17.06%). read more>>
Metropolitan launches new mobile app
A new mobile app has been developed to help Metropolitan clients understand and interpret the finer details of their contracts. read more>>
Markets & Investment
Programme aims to boost municipal service delivery
A capacity building programme to strengthen institutional capacity in the areas of personnel skills and administrative systems has been launched at eleven municipalities across five provinces in South Africa. read more>>
Bowler Metcalf to merge bottling operations

Marc Hasenfuss

After months of rumours‚ plastics packaging specialist Bowler Metcalf has confirmed that it will pour its soft-drink bottler Quality Beverages‚ the maker of the Jive brand‚ into a new and bigger operation. read more>>
Fight brewing between Gordhan and PPC?

Nick Hedley

Ketso Gordhan‚ who resigned as Chief Executive of PPC a week ago‚ is gearing up for a battle for his reinstatement‚ lining up a series of meetings this week with shareholders to build support. read more>>
Belaz trucks may boost ELB's earnings

Nick Hedley

ELB Group's agreement to be the South African distributor for the global Belaz range of heavy trucks is expected to have a substantial effect on our earnings Chief Executive Stephen Meijers said. read more>>
Only private sector can create economic growth
Local economic development is failing in South Africa due to lack of sustainability. This is according to Dr Pierre Voges, CEO of the Mandela Bay Development Agency (MBDA). read more>>
Worsening climate change could affect the economy

Richard Munang and Jessica Andrews

The devastating effects of climate change are already being felt across the planet, including in Africa. The 2011 drought-induced famine in the Horn of Africa affected more than 10 million people and claimed 257,000 lives. read more>>
Strikes hurt metal output in SA

Mark Allix

The month-long strike by metal workers in July had a drastic effect on the output of the metals and engineering sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says. read more>>
Solar electricity makes good financial sense
A recent report by the Global Commission on the Economy and Climate found that renewable energy (RE) sources have emerged with stunning and unexpected speed as large-scale, and increasingly economically viable, alternatives to fossil fuels. read more>>
Value Logistics issues dire trading update

Marc Hasenfuss

Nedbank invests R1.3bn in Newtown Junction development
38% of Western Cape farm projects fail
Taxation & Regulation
Carbon offset mechanism can be aligned with carbon budgeting approach
There is potential for alignment of the proposed carbon offset trading scheme that is currently under consideration by National Treasury and the carbon budgeting approach required by the National Climate Change Response Paper (NCCRP). read more>>
UDZ tax incentive extended for six years

Graeme Palmer

In 2003 the Urban Development Zone (UDZ) tax incentive was introduced under section 13quat of the Income Tax Act, 1962 to promote urban renewal in demarcated areas. read more>>
Concerns about reduction in interest deduction limitation rate

Andrew Lewis

Interest deduction limitation provisions have been enacted in terms of s23N of the Income Tax Act, No 58 of 1962, which apply to so called 'reorganisation and acquisition transactions'. read more>>
New SARS commissioner appointed
PRETORIA: President Jacob Zuma has appointed Thomas Swabihi Moyane as the new commissioner of the South African Revenue Services (SARS). Moyane's appointment is with effect from 27 September 2014. read more>>
International
Jimmy Choo in London IPO for Asia growth
LONDON, UK: Shoemaker to the stars Jimmy Choo unveiled plans for a London stock market listing valuing it at up to £800m. The money will be used to fund expansion in Asia. read more>>
Adobe to shut research arm in Beijing
SHANGHAI, CHINA: US software company Adobe will shut its research arm in Beijing by the end of the year, laying off 350 people, according to a statement, as foreign technology firms face a worsening business climate in China. read more>>
More International
Government
Mining fundamental for SA economy
Mining was one of the key industries in the South African economy with a total income of R408bn in 2012, says Statistician General Pali Lehohla. read more>>
Ekurhuleni asks residents to use 'other means' to view statements
Ekurhuleni council has asked its residents who are not receiving their printed municipal accounts because of the Post Office strike to use of other options to view their monthly statement. read more>>
Presidency asks everyone to assist Seriti Commission
The Presidency has advised anyone who has information that can assist the Seriti Commission of Inquiry to forward the information to assist the commission so that it can be interrogated. read more>>
State asks private companies to donate to an Ebola fund
The Department of Health has appealed to the country's private sector to donate to the Ebola Response Fund to assist the countries affected by the virus. read more>>
Thomas Moyane is the new SARS Commissioner

Evan Pickworth

President Jacob Zuma's choice of Thomas Moyane as Commissioner of the South African Revenue Services (SARS) fills a gaping hole left after Oupa Magashula resigned in the aftermath of a scandal in July last year. read more>>
More Government news
Jobs offered


New events to diarise
Cash Management and Bank Notes
Trade Conferences International - 12 Nov 2014 to 13 Nov 2014 Johannesburg

Upcoming events
'Branding and marketing you' workshop
Branding & Marketing YOU - 30 Sep 2014 Johannesburg

Micro Lending and Finance Summit
NKM Events & Consulting SA (PTY) Ltd - 3 Oct 2014 Johannesburg

All industry news

Marketing & Media
    Digify bootcamp ready for more applicants
    Celebrating winners of Loeries Adams & Adams Young Creatives Award
    When brands troll brands - Louise Marsland

    Medical
      Serendipity and Prof David Salant's odyssey to find a human autoantigen

      Retail
        Angry mall owners sue Pick n Pay in Mauritius contract row - Matthew Savides
        Influential use of colour in store design - Callie van der Merwe

        Government
          Vandalism, theft caused water crisis in Jo'burg
          State says it's made progress on improving service delivery countrywide

          CSI
            FUEL donates iPads to Bright Start
            Ford announces establishment of wildlife foundation
            Coca-Cola and BT connect communities with free internet access

            Agriculture
              Hobie Beach fish farm spawns shark fears

              Building
                SA, Russia nuclear deal one of many energy-related agreements
                Breaking down silos
                Invitation to submit abstracts for DistribuTECH conference

                GreenBiz
                  Encouraging next generation to go green

                  HR & Recruitment
                    Entrepreneurship and philanthropy - Zimkhitha Mqutheni
                    Win a trip to Silicon Valley

                    Legal
                      E-tolls 90% compliant with CPA - Chantelle Gladwin and Nikita Theodosiou
                      Cliffe Dekker Hofmeyr hosts employment seminar

                      Manufacturing
                        Mega cities of the future require local electricity production - Sven Lindström

                        Property
                          A checklist for selecting someone to manage your sectional title
                          Growthpoint partners with Cavaleros to develop 43ha site in Samrand

                          Education
                            Livity Africa calls for support of digital bootcamp
                            COHS offers accredited US high school diplomas

                            Tourism
                              Skukuza Safari Lodge opens up for public participation
                              Luxury and refinement flood back to Franschhoek following water-damage revamp - Brian Berkman
                              Tourism growth creates spin-offs for property market

                              ICT
                                Enhancing digital content security in the age of information overload - Mark Hiller
                                Why the cloud makes so much sense in Africa - Oliver Potgieter
                                Hyper connectivity - Jessie Rudd

                                Logistics
                                  Gauteng Transport Commission to improve transport service delivery
                                  Aviation authorities sign agreement with DRC
                                  Regulatory compliance remains the top supply chain pain point

                                  Lifestyle & Entertainment
                                    Fringe benefits - Eugene Yiga
                                    Bombay Bicycle Club to headline Synergy Live
                                    Earliest surviving English opera to play at the Fugard

                                    Automotive
                                      Joburg Motor Show a platform to engage with consumers
                                      Isuzu's Kempston Road truck plant upgraded
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