Tag: financial management

We have noted with concern the Auditor General’s report of the audit outcomes for local government, which showed that only 8% of municipalities received clean audits for the 2018/19 financial year, despite R1.26 billion being spent on financial reporting consultants.

While the power of face-to-face, physical sessions remains indisputable, COVID-19 has called for a ‘new normal’ where Zoom meetings and WhatsApp calls are the order of the day. All sectors of society have been impacted, including intermediaries who have had to quickly digitally mobilise to be there for their clients in a time when they’re needed most.

The COVID-19 pandemic has had a global impact. The South African government has been applauded by the World Health Organisation for its quick response to curb the spread of the COVID-19 in its early stages, and prepare its health care system to better respond to the pandemic.

At a time when millions are set to struggle with finances due to the outbreak of COVID-19, Legido’s new book is about to throw a vital financial lifeline. ‘Your Wealth Starts Here: The Great Book of Wholistic Wealth Secrets’ will help anyone build financial independence with practicality and tenacity, while re-contributing to society.

Stokvels have become the ultimate means for saving among many working adults in South Africa. Stokvels are found in many places: your work office, among church ladies, and even men are starting to use stokvels as a means to save. Although reasons for saving differ, the method remains the same.

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.

The financial management decisions of an entrepreneur will have a direct impact on the efficiency, processes and resource management of the business. This holds true regardless of whether they take on mundane cash-flow tasks themselves, hire high-priced professional financial managers or opt to utilise online software tools.