Tag: COVID-19

The National Treasury announced in the 2022 Budget Review that the corporate tax rate will be lowered to 27% for years of assessment that end or on after 31 March 2023. Practically, for most companies, this means that the reduced rate applies for years of assessment that start on or after 1 April 2022 and some companies may already enjoy the effect of the reduction in 2022 when making provisional tax payments.

This article present some thoughts on how mobile money, cross-border payments and ‘buy now, pay later’ are transforming the financial sector, particularly in emerging markets, for the better. Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital financial services.

Although South Africa faced the peak of its 'Fourth COVID-19 Wave' at the end of 2021, news reports show that the country is firmly heading back to business as usual. Mid-January a Daily Maverick report quoted the health minister, as he confirmed that Gauteng has officially exited the fourth wave, while the rest of the provinces have reached their peak and are now on ‘steady decline’.

The social and economic impact of COVID-19 has led to a marked increase in opportunistic crimes of desperation, particularly in digital payments fraud as consumers flock to digital channels to replace or supplement in-person interactions.

South Africa’s Minister of Finance, Mr. Enoch Godongwana, delivered his maiden National Budget Speech to the National Assembly on Wednesday, 23 February 2022. A crucial function of the Budget Speech is to provide details of spending and make proposals about how the priorities outlined in the President’s State of the Nation Address will be funded.

In the mostly uncharted pandemic-induced hybrid home and office work paradigm, keeping employees happy, healthy, and motivated is among the single biggest collective priorities for senior executives. Are we in the C-suite paying enough attention to the issue?

We have released the Global Megatrends 2022 report, an analysis of the global forces significantly impacting society and the project management profession today. Global Megatrends 2022 helps project professionals understand the world’s rapid transformation and the global context in which they work so they can use projects to solve complex problems.  

As we move further into the digital age, paperless systems are becoming a more appealing way to deal with document management and storage. Instead of physical filing systems and cabinets taking up space, a document management system (DMS) enables you to store and organise your important documents in an electronic archive that only permissioned users to access and edit.

A few weeks into 2022, an underlying investment theme started to emerge, that of a continued, broad-based recovery with strong economic performance across the globe. Evidence of this recovery was noted in the U.S. Federal Open Market Committee (FOMC) January 2022 statement.

Markets continued their rally into the fourth quarter of 2021, with South African (SA) equities delivering its strongest calendar year return since 2012 (up 27.1%) and global equities since 2015 (up 28.8% in Rands).