Insurance: What you don't know can hurt you
Insurance: What you don't know can hurt you

Is the insurance industry asking the right questions for protecting this unpredictable world? One thing's for sure - as the world gets stranger, insurance is more important than ever, says MiWayLife.

Issued by MiWayLife 1 day ago

Response to the 2019 Budget Speech
Response to the 2019 Budget Speech

Similar to the 2018 Medium-Term Budget Policy Statement (MTBPS) this budget was very closely watched with many hoping for clarity on the future direction. In the current environment there are more questions than answers and more groups with different views and interests than what the fiscus can allow.

By Nico Esterhuizen (FCCA), Issued by ACCA 1 day ago

#BudgetSpeech2019: Smokers, drinkers to feel the pinch following sin tax hikes
#BudgetSpeech2019: Smokers, drinkers to feel the pinch following sin tax hikes

In Finance Minister Tito Mboweni's first Budget Speech since his appointment, he announced that sin taxes on alcohol and tobacco will rise by the above-inflation rate of between 7.4% and 9%. The hike is expected to bring in an additional R1bn in revenue.

1 day ago

Isaah Mhlanga, executive chief economist, Alexander Forbes
#BudgetSpeech2019: Structural reforms outweigh decimal points deteriorations in the figures

Finance Minister Tito Mboweni's maiden Budget Speech is a structural reform budget, which aims to reduce the immediate fiscal and economic risks posed by Eskom's and other state-owned enterprises' (SOEs) unsustainable balance sheets and operational models. Without a doubt, the fiscal numbers show a marginal deterioration when compared with the 2018 Medium Term Budget Policy Statement (MTBPS) and slightly more so if we compare with the 2018 Budget Review.

By Isaah Mhlanga 2 days ago

Bernard Agulhas, CEO of IRBA
IRBA inspections reveal recurring quality deficiency themes

The Independent Regulatory Board for Auditors (IRBA) today released its 2018 [[https://www.irba.co.za/upload/IRBA%20Inspections%20Report%202018.pdf Public Inspections Report.

3 days ago

Craig Pheiffer, chief investment strategist at Absa Stockbrokers and Portfolio Management
#BudgetSpeech2019: Hoping for a great escape

Legendary escapologist Harry Houdini began his career escaping from handcuffs but later went on to dazzle audiences with escapes from large milk cans, his specially designed Chinese water torture cell and buried caskets. The difficulty of the escapes was often ratcheted up by binding the escape vessels with chains and locks and restricting Houdini's movements with a straight jacket.

By Craig Pheiffer 18 Feb 2019

Could gas find enthusiasm be premature?
Could gas find enthusiasm be premature?

Referred to as a potential game-changer by President Cyril Ramaphosa in his State of the Nation Address, the gas discovery off Mossel Bay is believed to attract as much as R1trn over the next 20 years. However, with global crude oil and gasoline prices having recently experienced their sharpest sell-off in more than a decade, could this national economic optimism around a gas deposit be somewhat premature?

18 Feb 2019

#BudgetSpeech2019: What should franchise businesses look out for?
#BudgetSpeech2019: What should franchise businesses look out for?

Franchise business owners are waiting with bated breath for the outcome of the 2019 National Budget Speech to be delivered by Minister of Finance, Tito Mboweni, as they seek more opportunities to increase their contribution to GDP.

18 Feb 2019

SA's top 10 risks in 2019
SA's top 10 risks in 2019

The Institute of Risk Management South Africa (IRMSA) released the fifth edition of its Risk Report: South Africa Risks 2019.

18 Feb 2019

Is sugar tax really a health measure or a tax income stream?
Is sugar tax really a health measure or a tax income stream?

The initial consideration behind the sugary beverages levy (SBL) was as a deterrent to reduce lifestyle diseases such as diabetes and obesity, but it's potentially evolving into a money spinner for the South African Revenue Services (Sars).

18 Feb 2019

Tourvest acquires Travelex's South African assets
Tourvest acquires Travelex's South African assets

The financial services division of integrated tourism group Tourvest has acquired the South African assets of global forex provider, Travelex. The deal, concluded earlier this year following Competition Commission approval, sees Tourvest owning 75% of the new business and Travelex owning the rest.

15 Feb 2019

The art of forensic investigations
The art of forensic investigations

The investigations industry has been revolutionised by the advent of auditing firms which conduct internal inquiries, and innovative technology that both simplifies and complicates the sector.

15 Feb 2019

Why cryptocurrency regulation is essential
Why cryptocurrency regulation is essential

With a recent Luno survey quoting a staggering 74% of South African respondents saying they'd like the option to pay for goods with cryptocurrency, the days of an entirely unregulated system are numbered.

15 Feb 2019