Tag: balance sheet

It’s not that you don’t think having a financial adviser (FA) is important, the critical role of sound guidance has been drummed into you by your money-savvy friends since you first started earning. But perhaps you’ve put off finding someone to handle your portfolio because you’re not entirely sure what you should be looking for.

A 'new' economic school of thought has emerged and gained mass popularity over the recent years. Modern Monetary Theory (MMT), seeks to challenge the mainstream consensus across the economic spectrum. What exactly is MMT and could it work to address South Africa’s economic woes?

For most Small and Medium Enterprise (SME), funding and loans are vital to their ability to purchase equipment, expand the business and maintain cash flow through challenging times. But to maximise their chances of getting the loan, it’s vital that that they do their homework before approaching a funder.

The beginning of 2021 was all about 'reflation' – a belief that massive fiscal stimulus, historically low interest rates and the reopening of economies on the back of COVID-19 vaccinations will drive an economic boom placing upward pressure on inflation.

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.

In the world of modern business, it is natural that some organisations reach a point where they are forced to make hard decisions in order to keep the lights on. Whether it is due to debt, mismanagement, fraud, malpractice, or simply a failure to adapt to changing market trends, sometimes a business faces a crisis from which it cannot come back - at least, not without a little help. That is where corporate restructuring comes in.

The COVID-19 pandemic, much like Black Monday in 1987 and the Global Financial Crisis in 2008, has presented a number of opportunities to buy stocks at seemingly 'bargain' prices. But even if a stock seems like a steal, the infamous case of Hertz demonstrates the perils of investing for 'fear of missing out' or FOMO without first doing your homework.

Yes. Now we know that working from home works, many employees will want to keep doing it when the coronavirus crisis fades. Many employers won’t mind because they have already invested in the costs associated with remote working such as cloud set-ups and connectivity and have had some proof that the concept works.

There is a technology that is disrupting the workplace, it’s called Robotic Process Automation (RPA). Using software ‘robots’ to mimic repetitive human interactions with computers, this technology can do these tasks much faster, without any rest and no errors that human are prone to making.

The amendments to the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) which are effective from annual periods beginning on...