Accounting weekly

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How Crypto Is Taxed Around The Globe

Cryptocurrency is still going strong after 14 years. Though the industry has faced major setbacks like China’s crypto mining ban and sell-offs in January, Yahoo Finance reports that its market cap is still well above $1.3 trillion. In part, this is thanks to its large user base of over 3 million people. Crypto transactions are usually done …

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Meet SAIBA BAP(SA) Designation Holder Juliana Zvarimwa  

Juliana is an entrepreneur and a qualified Business Accountant in Practice (BAP) duly registered with SAIBA. She prides herself in having acquired her vast professional and entrepreneurial knowledge from working across many economic sectors including electronics, construction, education, among others, over the past ten years.   Her journey to success has been long in the making, …

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Accounting practices can thrive in disruption by championing the needs of SMBs 

By Pieter Bensch, Executive Vice-President, Africa, Middle East, Asia and Australia at Sage  Over the last two years, accounting professionals have helped businesses steer through the COVID outbreak, the unrest in July 2021, and recent KZN floods, supporting SMB resilience in difficult times. Now, they are challenged to help companies navigate rising inflation and interest rates. …

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Is it time for businesses to take Business Rescue seriously? 

By Ryan Smith & Lara Kahn, Partners at Webber Wentzel  If boards of directors put financially distressed companies into business rescue earlier, more options would be available, and more companies could be saved  Although fewer companies are commencing business rescue proceedings, the number of liquidations remains extremely high. With these numbers in mind, we believe …

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African accountancy profession is broadly optimistic about the economic future  

A ground-breaking study into the accountancy profession in Africa reveals 55% of accountants are optimistic about Africa’s economic prospects, but skill shortages, especially in the areas of technology and strategy are a major concern for respondents.   PAFA (the Pan African Federation of Accountants), ACCA (the Association of Chartered Certified Accountants), and PwC joined forces to …

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Your accountant is more than a number cruncher – they’re an indispensable business partner 

By Viresh Harduth, Vice President, Small Business, Sage Africa & Middle East  Small and medium business (SMB) owners know they need an accountant’s help when it’s time to file compliance returns and compile annual financial statements. Yet, many may not realise the role they can play in improving the lives of SMB owners and employees throughout …

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Watch: Risk management lessons

How to assess and respond to risk in an uncertain world, drawing on examples from the pandemic to Russia’s Ukraine war. Watch the video here.