Latest news
Homeowners in two Mpumalanga municipalities face additional fees for boreholes and off-grid electricity. Find out how these charges affect savings, property expenses, and clients' budgets.
The Presidency lost its clean audit after spending R1.7m on groceries without following tender rules. The Auditor-General found recurring problems with irregular government spending.
Former Bosasa COO Angelo Agrizzi has been ordered to pay R1.67bn plus interest for his involvement in the company's corruption scheme. CIBA's Heynes Kotze explains the ruling and its implications for accountants and bookkeepers.
SARS updates
SARS confirms that taxpayers can't use its dispute-resolution process for double-tax disputes involving Zambia, Malawi, Sierra Leone, or Grenada. Find out what options remain and how accountants can help affected clients.
SARS can charge up to R16,000 a month for outstanding tax returns. Find out how tax practitioners can stop further penalties, request remission, and correct clients' auto-assessments.
SARS will soon receive more information about overseas digital wallets, making it easier to detect undeclared income. Here's what accountants should check with their clients.
Accounting & assurance
Using supplier quotes when an open tender is required can lead to irregular expenditure. This guide explains the spending limits, how to spot split orders, and when exceptions are allowed.
Your business made a profit, but where is the money? Stock that costs more to replace, customers who do not pay, equipment losing value and unexpected expenses can all affect your results. A business can look profitable on paper and still struggle to pay its bills. Understanding these hidden costs helps business owners make better decisions, manage their cash and avoid nasty surprises at year-end.
A business can make a profit and still run out of money to pay its bills. A cash flow forecast helps you see when money will come in, what needs to be paid and how much will be left in the bank. Learn how to prepare a simple cash flow forecast, plan for upcoming expenses and avoid cash shortages before they become a problem.
Tax guides
Free holidays, sponsored products, and brand deals can create unexpected tax bills for influencers. Learn how to spot six common tax mistakes, from undeclared income to incorrect expense claims.
When a foreign company deducts too much tax from your client's income, SARS won't credit the excess. Here's how to claim the correct rebate and help your client recover the extra tax.
South Africa’s 2026 Medium-Term Budget Policy Statement (MTBPS) signals cautious optimism, with stronger tax revenue, declining public debt, infrastructure investment and fiscal reforms. But will these commitments translate into economic growth, job creation and improved service delivery? We examine the key budget announcements, fiscal outlook and the critical shift from government spending to measurable economic results.
Listen to our Podcast
Listen to an insightful discussion on the latest legal developments in South Africa's fight against corruption.
Edward James, Corporate Crime Risk Lead for Africa at Pinsent Masons, will shed light on the newly introduced ‘failure to prevent' corruption offence in South Africa.
In the wake of the Judicial Matters Amendment Act, businesses in South Africa are facing a pivotal moment in their anti-corruption efforts.
Listen to the impactful discussion on the upcoming Moore Opportunity Vacation Experience (MOVE) with Dillen Breitenbach of Accounting Warriors!
On 22 April 2024, CIBA CEO MBA Nicolaas van Wyk hosted Dillen to unpack this exciting program from Moore.
Key highlights:
The Effectiveness of Linkedin as a learning platform
Eligibility criteria for university students
Experiences from boardroom and practical sessions
Benefits of networking
Understanding Moore's entrepreneurial culture
Tips on making your MOVE application stand out
Listen to the insightful conversation with industry leader Mark Silberman, Director of Accfin Software, on Accounting Weekly's channels!
CIBA CEO, Mr. Nicolaas van Wyk, sat down with Mark to discuss:
Cutting-edge accounting software solutions
Innovations driving the future of the profession
Compliance & Risk Aversion in modern practices
Company law & secretarial best practices
List to an engaging live podcast interview with Telita Snyckers, former SARS lawyer and acclaimed author.
On 12 April 2024 , CIBA CEO MBA Nicolaas van Wyk hosted Telita Snyckers to explore the intriguing worlds of tax administration and the tobacco industry.
Key Topics:
Dirty Tobacco: Unraveling the secrets behind tobacco smuggling
Criminal Investigations: Exploring their strategic value in tax administration
Insights from Telita's groundbreaking book and extensive experience
Liste to an insightful interview with Professor Steven Firer CEO at FirerForensics
On 12 April 2024 , CIBA CEO MBA Nicolaas van Wyk hosted Professor Steven Firer where they delve into a thought-provoking discussion on the latest trends and challenges in the accounting profession.
CIBA CEO, Nicolaas van Wyk, sat down with Brian Kazungu, a seasoned professional in media, literature, and business development in an exclusive interview on 12 April 2024.
Brian shared his expertise and perspectives on literature, media trends, and modern business approaches.
With his interdisciplinary expertise and unique blend of academic knowledge and practical experience, Brian delivered a dynamic discussion that inspires and informs.
Listen to an insightful discussion on tax dispute resolution with Nico Theron, Founder of Unicus Tax Specialists SA and Chartered Tax Advisor (SA).
Dive deep into Tax Dispute Resolution Calculators and discover their potential:
Determine due dates effortlessly.
Track days lapsed with precision.
Gain access to Tax Dispute Templates for smoother proceedings.
Navigate through Tax Dispute Flowcharts to strategize your next move effectively.
Tune in to an inspiring discussion on the evolution of accounting and fintech with Mariska Fernhout, Financial Director of DataGrows.
CIBA CEO Nicolaas van Wyk hosted Mariska to explore her journey from a BCom student to co-founding a successful fintech company.
Key highlights:
The journey from BCom accounting to fintech innovation
How DataGrows is transforming practice management for accountants
The importance of staying close to clients and adapting services
Overcoming challenges in the accounting profession with technology
Insights on the South African fintech landscape
Tips for aspiring accountants on navigating career paths and seizing opportunities
Reader profiles
From striving to be the best during her article years to leading financial operations as a Finance Manager, Althea Goezaar has built her career on dedication and resilience. Now at Sovereign Foods, she focuses on cost-saving strategies, tax compliance, and strong team collaboration. Her journey shows how hard work, faith, and continuous learning can shape a successful and fulfilling career in finance.
For Cindy-Lee Wilson, accounting has always felt natural. Drawn to numbers since high school, she built her career on precision, organisation, and strong work ethic. Now an Accountant at PSG Financial Services, she supports her team by ensuring financial records are accurate, managing costs, and helping maintain strong financial control—proving that attention to detail is one of the profession’s most valuable skills.
Sometimes the career you’re meant for finds you when you least expect it. After taking a gap year and starting as a creditors clerk, Namile Mchunu discovered a natural passion for working with numbers — a path that would grow into a successful career in financial accounting.
Now a Financial Accountant with over a decade of experience, Namile has helped lead teams, manage external audits, and achieve clean audit opinions. Her journey is a testament to resilience, continuous learning, and the belief that stepping into challenging opportunities often leads to the greatest professional growth.
