Tag: information sharing

Artificial intelligence (AI) may be a topical conversation, but it is proving to be an invaluable time saver and productivity enhancer. In 2023, Microsoft introduced Copilot to a select group of organisations and teams to assess how well the technology reduced their ‘digital debt’ and delivered on their daily productivity and time-saving requirements.

The fourth edition of our report on cross-border tax in Africa explores shifting trends in transfer pricing (TP) – many related to broader taxation themes – and considers what these may mean for multinational entities (MNEs) and revenue authorities.

The pace of technology change keeps accelerating, not just in the manufacturing sector, but across industry sectors globally. Machines are faster, more powerful and more sophisticated than ever, and this trend shows no signs of easing off. However, for many reasons, South African industrial equipment and machinery (IM&E) manufacturers have been slow to adopt some of the latest technology, relying instead on old models. In doing so, they run the risk of falling behind their regional and global counterparts.

In February this year, South Africa was greylisted by the Paris-based Financial Action Task Force (FATF) because of its failure to comply with its standards and measures to combat illicit financial flows, terrorist funding and potential threats to the integrity of the global financial system. This step is the consequence of the endemic corruption, generally referred to as “state capture” which has long prevailed in the country.