Tag: PwC

Statistics South Africa (StatsSA) reported on 24 January that consumer price inflation increased from 4.6% year-on-year (y-o-y) in November 2017 to 4.7% y-o-y in December. This resulted in full-year inflation declining to 5.3% last year from a mean of 6.4% in 2016. The latest inflation number is the ninth consecutive monthly reading falling within the South African Reserve Bank (SARB) target range (3%-6%).

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is meeting on 17 and 18 January to deliberate interest rates. The central bank’s monetary policy stance aims to keep inflation in the target range of 3%-6% annually, thereby protecting the value of the currency and the purchasing power of South African consumers.

Lullu Krugel, Chief Economist at KPMG in South Africa, shares insight on how South Africa will get out of recession and to turn around the non-investment grade position, the country must embrace transparency and change in leadership and direction.

A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: FinTech’s growing influence on Financial Services.

Every successful business owner will tell you that ‘cash flow is king’ and effective working capital management is essential for any successful business to survive, as it provides a business with the cash flow to fund its day-to-day operations. Working Capital can be funded by the business itself or by external funders.

The ongoing parliamentary enquiry into the SABC has eluded to the suggestion that one of the causes of the public broadcaster’s poor performance was...

The Department of Trade and Industry recently published, for public comment, a notice containing draft thresholds for major BBBEE transactions.

In PwC’s 20th annual survey of CEOs worldwide, 38% (2016:35%) are very confident about their company’s growth prospects in the next 12 months while...

The case for innovation and entrepreneurship has never been greater as commercial enterprises prepare for what will be another tough year in 2017, says...

South Africa’s construction industry faced a challenging year in 2016 with ongoing pressure on margins, lower revenue and lower order books. Andries Rossouw, PwC Assurance...