Cryptocurrencies, such as Bitcoin and Ethereum, have become well known for their volatile value. In contrast to this, 'stablecoins' are cryptocurrencies that have been specifically designed to have a stable value.
The Financial Advisory and Intermediary Services Act (FAIS) is designed to create a professional code of conduct with specific outcomes and measurements which Financial Services Providers (FSPs) must comply with.
The Department of Trade and Industry’s amendments to the B-BBEE Codes of Good Practice on Friday, 31 May, were published in the government gazette with very little fanfare considering the significant impact they may have on generic entities in the country. These changes to the codes and will affect businesses in terms of procurement, enterprise and supplier development as well as skills development.
Running a business will likely be one of the most challenging things you’ll ever do. However, armed with the right advice and guidance, it can also be one of the most rewarding – providing a solid financial future for you and those you love.
Future shifts in demands and activities are unavoidable for all professions. The future of the accounting profession as one that remains relevant and vital to the prosperity of the societies in which it operates, depends on its ability to focus on what is required to sustain its relevance in an evolving, changing, and technologically-dominated future.
An interview with Soria Hay, Head of Corporate Finance, Bravura, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the issue of black ownership which continues to be a dominant aspect within the country’s transformation landscape.
Small business owners who want to keep abreast of technological disruptions should make the move to cloud accounting. Not only will they save money and office space, they will be able to turn spare moments into productive minutes. Cloud accounting is ideal for small businesses, because it allows business owners to work from anywhere, at any time, as long as they have an internet connection.
The BEE scorecard encourages businesses to push for economic growth, specifically focusing on people of colour in South Africa. It is based on the concept of offering incentives through additional business. Economic growth begins with skills development involving training and hands on development through employment equity and the development of new business.
Most businesses are by now already at one or another stage of the enterprise cloud transformation journey and a staggering 93 percent of business executives who participated in Deloitte’s 2018 global outsourcing survey, confirmed that their organisations were adopting - or at least considering adopting - cloud.