Up until a few years ago, digital transformation was not high on the agenda for most finance chiefs. Though they recognised that IT was important, most CFOs thought of digital as a technology play, a channel strategy or a customer experience concern.
The pharmaceuticals group says its management agreement with Ukusekela is already bearing fruit. Nutritional Holdings says its plan to sign an interim management agreement to manage cannabis company Ukusekela Holdings has already borne fruit, with a return to profitability for the first time in several years.
What happens to an organisation when good governance and warning signs are ignored? The author had a ringside-seat at one of the worst financial catastrophes South Africa has seen and his new book Enabler or victim? KPMG SA and State Capture describes his experience as Chairman of KPMG during the turbulent period the firm experienced.
Those fortunate enough to have some excess cash on hand are in a unique position within the global context as workers across the world continue to grapple with the economic fallout of COVID-19. While there may be the temptation to utilise excess cash flow on shorter-term expenses, recent events have emphasised the importance of positioning your finances for an uncertain future.
With the struggle against COVID-19 far from over, South Africa faces a long and tough road ahead as it strives to mitigate the devastating economic impact of the global pandemic. The construction industry, which was already in a negative growth phase prior to the outbreak of the virus, has been particularly hard hit and many companies are struggling to stay afloat.
We have begun thinking differently about what accountancy is and needs to be in a world marked by advanced technological capabilities and extreme socio-economic conditions.
An interview with Safiyya Patel, Partner, Webber Wentzel, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s latest report on empowerment trends in 2019.
In South Africa, 1 September is known as Spring Day, signalling the approaching change in season from winter to summer. This time of year is known to act as a trigger for people to tackle their annual 'spring cleaning' ritual – they get rid of old or unused items, deep clean the house and do some general re-organising.
The year 2020 has brought with it disruption and upheaval of proportions never before encountered by South African business, affecting both the public and the private sector alike. This 'new normal' is necessitating a reassessment of old paradigms and a call for innovative and pioneering approaches.
Research shows that COVID-19 has caused women greater economic hardship than men. Women’s month is an opportunity to address larger societal issues such as equality, poverty and income security. Women must be financially independent to be fully empowered.