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Investing during Covid-19
Investing during Covid-19

At Saica's Leadership in a time of crisis webinar series, Investec's Chief Investment Strategist, Chris Holdsworth, shared insight on how the pandemic is shaping investment strategies...

Issued by SAICA 18 May 2020

Zane de Decker, MD of Flyt Property Investment
South Africa is a legal tax haven

South Africa is currently enjoying the status of a tax haven - a bold statement, I admit, and one that some might think outrageous, but if you break down the monetary calculations of a Section 12J investment, you will realise the glaring opportunity too...

By Zane de Decker 18 May 2020

CFOs are optimistic they can keep their customers and employees safe
CFOs are optimistic they can keep their customers and employees safe

As Covid-19 restrictions continue to slowly lift in some countries while others remain in lockdown, finance leaders are confident about their companies' ability to reopen safely...

18 May 2020

Taurus creates R300m fund for SA law firms
Taurus creates R300m fund for SA law firms

Although a number of South African law firms have shifted to online consulting solutions, many are under financial strain due to the current delays and limitations at the courts, deeds office, Road Accident Fund and other legal bodies...

18 May 2020

A member of the Nigerian Health Task Force fumigates a building in Abuja, Nigeria, as the city struggles to curb the spread of coronavirus. COVID-19 Photo by Kola Sulaimon/AFP via Getty Images
Steps to inoculate African economies against the impact of coronavirus

The curve of the coronavirus pandemic started to bend upwards in Africa only recently - just as the curve in the 10 most-affected countries around the world was flattening...

By Chuku Chuku 15 May 2020

How to get started with Forex Trading in South Africa
How to get started with Forex Trading in South Africa

The trading of currencies has a history that can be traced back to the middle ages when currency had been traded through international banks and thus aided Europeans in spreading the trading of currency throughout both Europe and the Middle East...

Issued by SA Shares 15 May 2020

Carla Collett
Big data and the South African financial services sector

Changes in the way customers expect to engage with the financial services sector and increasing pressure from regulators is compelling financial services companies to come up with innovative ways to manage their data...

By Carla Collett 15 May 2020

Natashia Soopal
Strong financial controls needed to maximise benefit of Covid-19 relief efforts

The South African government has been applauded by the World Health Organisation for its quick response to curb the spread of the Covid-19, and prepare its healthcare system. However, this good work can easily be overshadowed by poor controls...

By Natashia Soopal 14 May 2020

South Africa’s hard, extended lockdown has come at a significant economic cost. Shutterstock
South Africa's Covid-19 strategy needs updating: here's why and how

Decision-making at the early stages of the SARS-CoV-2 pandemic (the coronavirus causing Covid-19) was constrained by a paucity of medical evidence and epidemiological data...

By Imraan Valodia, Alex van den Heever, Lucy Allais, Martin Veller, Shabir Madhi & Willem Venter 14 May 2020

Another repo rate cut predicted, but economists disagree on how much
Another repo rate cut predicted, but economists disagree on how much

Eighty percent of the economists on Finder's Repo Rate Forecast Report panel agree the rate will go down next week, but there's no consensus on how many bps the rate will move.

14 May 2020

A sneak-peek at the future of crypto asset regulation in South Africa
A sneak-peek at the future of crypto asset regulation in South Africa

The Intergovernmental Fintech Working Group (IFWG) has released its long-awaited position paper on crypto assets following the initial consultation paper published in 2019...

By Seshree Govender, Cindy Liebowitz & Fatima Ismail 13 May 2020

#StartupStory: SmartWage is changing the way people get paid
#StartupStory: SmartWage is changing the way people get paid

SmartWage is a social impact startup focused on financial inclusion in Africa and was started with the vision to eliminate the payday poverty cycle...

By Evan-Lee Courie 13 May 2020

Covid-19 is likely to reshape the world - here's how accountants can help
Covid-19 is likely to reshape the world - here's how accountants can help

As an accountant, you have an invaluable role to play in helping your clients survive the Covid-19 outbreak and its economic effects...

By Pieter Bensch 12 May 2020

FirstRand's Vumela Fund and ProfitShare Partners assist SMEs in supplying essential items for Covid-19
FirstRand's Vumela Fund and ProfitShare Partners assist SMEs in supplying essential items for Covid-19

The Edge Growth-managed Vumela Fund recently invested a R25-million funding line in ProfitShare Partners to specifically help SMEs who supply and deliver essentials in the fight against Covid-19...

Issued by Edge Growth 11 May 2020

John Manyike, head, financial education, Old Mutual
Cooperation is the key to reclaiming our future

It's near impossible to forecast with any certainty what awaits South Africans beyond the national lockdown. The only certainty at this stage is that things will not be as they were before...

By John Manyike 11 May 2020

To meet the needs of its youthful population, African businesses must expand and governments must invest in infrastructure. Getty Images
Moratorium on debt for Africa? Be careful of unintended consequences

Africa is home to 41 of the International Monetary Fund's 59 Low Income Countries. These are more structurally vulnerable to external shocks such as Covid-19...

By Rodrigo Olivares-Caminal 11 May 2020

Getty
Anxious South Africans to cut spending as impact of Covid-19 unfolds

81% of South Africans said they were either uncertain or pessimistic about the country's economic recovery after Covid-19, compared to 72% in March...

11 May 2020

Richard Rattue, MD, Compli-Serve
#LockdownLessons: Regulation has made financial services resilient to crisis, says Richard Rattue

Richard Rattue of Compli-Serve says the Covid-19 pandemic has accelerated the fintech and working from revolution. It has created a new normal that is going to be around for a long time..

By Nicci Botha 8 May 2020

The acceptable theft
The acceptable theft

So many of us point fingers at the rampant corruption in the public sector, while in the private sector we don't think about ourselves and the wrongs we've normalised through policy - something I like to call 'the acceptable theft'...

By Robert Zwane, Issued by SAICA 8 May 2020

Pension funds could offer economic relief to members
Pension funds could offer economic relief to members

People unable to work due to the pandemic may be looking to access their pension credits in this time of financial hardship. The position in South Africa remains that a member cannot access their pension benefits while they are still in service. Several other countries have however included, as part of their economic relief packages, measures targeting the assets of pension funds...

By Roxanne van Rooyen and Michelle David 8 May 2020

Further tax measures to combat impact of Covid-19
Further tax measures to combat impact of Covid-19

As part of the second phase economic response to the Covid-19 pandemic, National Treasury has published another draft bill to formalise the tax relief measures available to small businesses. The draft legislation aims to clarify several matters which were previously the subject of uncertainty and introduces additional tax measures...

By Juanita van der Merwe 8 May 2020

FNB, WesBank approve more than 500,000 payment breaks
FNB, WesBank approve more than 500,000 payment breaks

FNB and WesBank have approved payment breaks on more than 500,000 credit agreements for nearly 150,000 individual and business customers since 1 April 2020...

8 May 2020

Unlocking alternative data to drive inclusive banking in SA
Unlocking alternative data to drive inclusive banking in SA

It's no secret that South African banks and other financial services providers draw on massive volumes of data to make decisions and provide targeted services to middle and upper-income earners...

By Matt Mckie 7 May 2020

Covid-19: How to manage 'place of effective management' tax risk during lockdown
Covid-19: How to manage 'place of effective management' tax risk during lockdown

Under South African domestic law, a company will be tax resident in SA if it is incorporated in SA or has its "place of effective management" in SA...

By Anne Bennett, Donald Fisher-Jeffes and Neo Penn 7 May 2020

Getty Images/Stock photo
Vultures, doves and African debt: here's a way out

Once again, African countries are confronting overwhelming debt burdens. According to the most recent World Bank debt statistics, they owe a total of $493.6bn in long term debt to their foreign official and commercial creditors. About one third, $117bn, is in the form of tradeable bonds...

By Danny Bradlow 7 May 2020

William Ngobeni's inspirational 15-year journey to qualified CA(SA) success
William Ngobeni's inspirational 15-year journey to qualified CA(SA) success

William Ngobeni has followed an exceptionally long and windy path before finally qualifying as a chartered accountant [CA(SA)] in February this year, having passed the qualifying exams after over a decade of stops and starts...

Issued by SAICA 7 May 2020

Covid-19 knocks tax revenue performance
Covid-19 knocks tax revenue performance

The ailing economy compounded by the Covid-19 pandemic have knocked South Africa's tax and revenue performance...

7 May 2020

Survey reveals 6% of small businesses receive relief funding
Survey reveals 6% of small businesses receive relief funding

Findings from the Covid-19 National Small Business Survey highlights the continued plight of small businesses coming out of Level-5 lockdown...

6 May 2020

What good leaders do in a time of crisis
What good leaders do in a time of crisis

As part of Saica's Leadership in a time of crisis webinar series, CA(SA) and CFO of Discovery Health, Brett Tromp, shared his thoughts on what good leaders can do in a time of crisis...

Issued by SAICA 6 May 2020

Financial reporting in the cloud in the wake of Covid-19
Financial reporting in the cloud in the wake of Covid-19

Utilising technology for financial reporting can be highly advantageous, to provide business managers with reports that deliver insights that are easy to analyse...

Issued by Perfect Word 6 May 2020

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