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SAICA

The South African Institute of Chartered Accountants (SAICA) is the professional home of Chartered Accountants [CAs(SA)] who are leaders in business, government and the communities they serve.

Local management accountant at the top of the global game
Local management accountant at the top of the global game

Devin Kruger was recently awarded joint first place in the International Chartered Institute of Management Accountants (CIMA) examinations...

Issued by CIMA 7 Jun 2019

Ripple effect of carbon tax on Customs and Excise Laws
Ripple effect of carbon tax on Customs and Excise Laws

The Carbon Tax Act and Customs and Excise Amendment Act were approved by the President in May, with the purpose of the latter to provide for the administration and collection of Carbon Tax revenue...

By Virusha Subban and Matthew Tout 7 Jun 2019

IFIAR launches annual survey
IFIAR launches annual survey

The International Forum of Independent Audit Regulators (IFIAR), of which the Independent Regulatory Board for Auditors (IRBA) in South Africa is a member, released its report Survey of Inspection Findings 2018 on 16 May 2019.

7 Jun 2019

Gerrit Olivier, CEO of About IT
CFOs must establish the right technological foundations

Chief Financial Officers have to go beyond their traditional roles of ensuring the books are in order and that auditors can access the information they need...

By Gerrit Olivier 7 Jun 2019

Inaugural Exponential Finance Summit exceeds all expectations
Inaugural Exponential Finance Summit exceeds all expectations

The inaugural SingularityU Exponential Finance Summit took place in Cape Town on 29 and 30 May 2019. With over 600 people attending, the event brought together big thinkers and change-makers from around the world...

Issued by Mann Made 6 Jun 2019

Image source: Getty/Gallo
An already weak pound will fall further if Boris Johnson becomes PM

Expect Boris Johnson, the person most likely to be the next UK Prime Minister, to drive down the pound even further should he win the leadership contest...

6 Jun 2019

Municipalities continue to struggle with appointing qualified CFOs
Municipalities continue to struggle with appointing qualified CFOs

The minister of finance issued the Municipal Regulations on Minimum Competence levels on 15 June 2007 which was later amended to 26 October 2018, in an effort to address the lack of competency levels of officials...

Issued by SAICA 6 Jun 2019

Ian Matthews, head of business development, Bravura
SA's economy is a casualty of US trade wars

The first quarter GDP growth of 2019 for South Africa is once again a negative number, with the economy contracting 3.2% year on year...

5 Jun 2019

Hanno le Roux
Employees' tax considerations when using the services of contractors

Independent contractors, labour brokers and personal service providers provide simplified solutions to meet the immediate business need, but more often than not, these could lead to increased tax complexities, especially in relation to employees' tax...

By Hanno le Roux, Issued by Meredith Harington 4 Jun 2019

Tax return submission raised to R500,000
Tax return submission raised to R500,000

Taxpayers with an annual income not exceeding R500,000 will no longer be required to submit tax returns...

4 Jun 2019

Three-pronged partnership to upskill SA's black farmers
Three-pronged partnership to upskill SA's black farmers

In a unique approach to transformation and development, commercial farmers involved in primary and secondary agricultural who receive grants from the Department of Agriculture are being given the opportunity to hone their skills both on and off their farms...

4 Jun 2019

National Treasury welcomes IMF policy recommendations
National Treasury welcomes IMF policy recommendations

National Treasury has welcomed and noted the key risks identified and proposed policy recommendations by the International Monetary Fund (IMF) during a recent visit to the country last month...

4 Jun 2019

James George, compliance officer manager at Compli-Serve SA
Missing the CPD deadline could ruin your business

The deadline for Continuous Professional Development (CPD) hours has been extended to 31 July 2019, but for those in financial services who are behind in earning theirs, it is best to act fast...

3 Jun 2019

Civil society concerned over South Africa's weak carbon tax
Civil society concerned over South Africa's weak carbon tax

The African Climate Reality Project (ACRP) welcomes the implementation of a carbon tax in South Africa as of 1 June 2019...

By Noelle Garcin 3 Jun 2019

Depression and life insurance: Will I be covered?
Depression and life insurance: Will I be covered?

With the spotlight being turned on mental health disorders it has pushed depression to the forefront making it possible for 300 million people of all ages across the world to get help...

Issued by MiWayLife 31 May 2019

Carbon Tax Bill: What effect will this have on corporate SA?
Carbon Tax Bill: What effect will this have on corporate SA?

The long-awaited Carbon Tax Bill, which is due to be implemented on 1 June 2019, will have a considerable impact on many of the large corporates that are currently operating in South Africa...

31 May 2019

Image source: Getty/Gallo
US-China trade wars stifling global economic growth

Over the past year, trade tensions between America and China have veered between panic and an amicable solution...

By Patience Panashe 31 May 2019

Image source: Getty/Gallo
#AfricaMonth: How to do business in Africa

Addressing the well-being needs of Africans through a true collaborative effort between business, government, communities and the people who inhabit this continent will unlock future value...

31 May 2019

Moving to a low-carbon future - why banks and companies need to step up
Moving to a low-carbon future - why banks and companies need to step up

The clock is ticking on climate change. We currently have more greenhouse gases in our atmosphere than at any time in human history...

By Bill Winters 31 May 2019

Carbon tax revenues could be harnessed to help South Africa's poor
Carbon tax revenues could be harnessed to help South Africa's poor

Climate change needs urgent action by all countries, and by all means...

By Harald Winkler and Andrew Marquard 31 May 2019

Professor Raymond Parsons
Leaner, meaner Cabinet offers economic hope

The economic message emerging from the reconfigured and leaner Cabinet announced by President Cyril Ramaphosa is potentially a positive one for business and the markets...

By Raymond Parsons 30 May 2019

Vaughan Willis via
The maize price, risk and insurance

Risk is synonymous with farming, and in the grain industry it is even higher, considering current conditions...

30 May 2019

CIMA announces new Africa regional vice president
CIMA announces new Africa regional vice president

Tim Simba has been appointed the regional vice president of CIMA Africa to lead its operations and advance the accounting profession on the continent...

Issued by CIMA 29 May 2019

Overall Winner at the Financial Mail Top Analyst Awards 2019 - Standard Bank SBG Securities.
Financial Mail announces winners of Top Analyst Awards 2019

The Financial Mail announced the winners of its annual Top Analyst Awards at an event held in Johannesburg...

29 May 2019

Image source: Getty/Gallo
Open banking puts customers in charge

Could open banking usher in a new era of convenience, access and service differentiation? It's a tantalising possibility, but not one without potential security pitfalls which must be closely managed and mitigated...

By Yogesh Mathur 29 May 2019

Boris Johnson
How the 10 Downing Street race will affect Brexit

Theresa May's resignation has triggered a leadership contest in the Conservative Party, the winner of which would also become prime minister...

29 May 2019

Automation - Opportunity or extinction for finance professionals?
Automation - Opportunity or extinction for finance professionals?

40% of transactional accounting work is expected to be automated by 2020 and predicted to touch 230 million workers (9% of the global workforce)...

Issued by CIMA 28 May 2019

Ron McLaren
Long-term insurance ombudsman recovers R185,8m for complainants

In a year that brought the insurance industry into the spotlight with high profile cases drawing the attention of the media and social media, the ombudsman for long-term insurance (OLTI) received a record number of complaints...

28 May 2019

Digital banking entrants wary of losing the human connection
Digital banking entrants wary of losing the human connection

In their drive to be digitally relevant and hold market share, both traditional and digital banks risk losing customers through the resultant reduced human interaction...

By Bardien Pienaar 28 May 2019

Why you should think twice before giving your kid a brand new Merc...
Why you should think twice before giving your kid a brand new Merc...

There are a few things to consider before giving your 21-year-old any luxury assets. Sars might ask whether you're being generous because you can afford it... or if you're being 'shady' and dodging creditors and donations tax...

By David Thomson 28 May 2019

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