Mental Fitness Tips

The stability of the National Treasury in South Africa is experiencing tremendous challenges which has been seen the change of 3 political heads (Ministers) in under two year and resignations of key personnel including the Director General Lungisa Fuzile. The latest resignation of Michael Sachs, the Chief Director of Budgeting fuels speculations of meddling in the public purse. Chief Economist of Econometrix Dr Azar Jammine indulges us on the impact and conssequences of all these happenings on the econmy as well as to investors.

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The International Conference on Business Advising (ICBA) 2017, the first of its kind in which is to focus solely on Business Advisory takes place from 21 to 23 November 2017 in Johannesburg, South Africa. We get into conversation with Mr Septi Bukula, who breaks down what we can expect, discusses the four pillars underlying the conference and shares information of some of the speakers and topics to be discussed.

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#MTBS2017

When Finance Minister Malusi Gigaba delivers his inaugural Medium-Term Budget Policy Statement (MTBPS) on Wednesday this week (25 October), what do you expect his key message will be?

We speak to Ettiene Retief on the South African Institute of Professional Accountants (SAIPA) on what he thinks we should expect. This is argue one of the toughest times for the state purse in South Africa.

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15 year old Jennifer Matibi of Muse and 2017 Teenpreneur Fest winner had a chat with Nqobani Mzizi on Business Today in Africa. #TeenLedBusiness #Teenpreneurs

She came up with an idea to create hair accessories for school children. She is one of the winner at the recently held Teenpreneur Festival in Johannesburg this past weekend.

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For our Personal Finance feature, Adam Helper joins us again this week with another exciting installment.

If you're concerned aboit your money, make sure that you listen

When Young People Should Buy Life Insurance

You have one or more “dependents” ...

You can't stop yourself from dipping into your savings account. ...

You want to pay as little as possible for life insurance. ...

You want to protect your ability to purchase life insurance in the future.

etc

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In our SAIPA feature, we speak to Mr Septi Bukula about The International Conference on Business Advising (ICBA) which is just over 2 months away.

SAIPA is partnering with the ICBA.

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Brightest Young Minds (BYM) is a 17-year old non-profit company that exists to create a positive social impact. BYM does this in three ways i.e. IDENTIFY, CONNECT and MOBILISE.

Every year BYM identifies 100 new young leaders across Africa to join the network. The new recruits first connect at a 5-day summit. Here they teach and inspire each other and, most importantly, act together.

After being inspired by established leaders, which have included Ahmed Kathrada, Advocate Thuli Madonsela, Michael Jordaan, Ketso Gordhan and more, the delegates participate in leadership development and lean start-up methodology up-skilling. Beyond the summit, delegates can use these skills to improve their efforts to change the world.

The theme of 2017 BYM summit is 'Transcending The Limits of Thoughts'

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The aim of the SAIPA NAO is to make Accounting as a subject a preferred choice to all students, and to promote the option of professional accountancy as a sound choice for further study, and the pathway towards a financially and personally rewarding entry into employment.

An added benefit is that the NAO also provides learners with a foot in the door with future employers, which is why SAIPA invests substantially in it.

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What's happening at SARS and this KPMG report? It's a circus.

Phumlani Majozi joins me to unpack and understand what is going. That's if ANY of us know.

On Friday‚ KPMG dropped a bombshell when it said its report's findings‚ conclusions and recommendations‚ which were used to fire senior SARS investigative executives who operated the alleged rogue unit‚ were legally flawed. The firm has however insisted that the body of its report is sound.

The withdrawal saw KPMG apologise to former finance minister Pravin Gordhan‚ who it said had had knowledge of the SARS high risk investigation unit. The report was used by Moyane to lay criminal charges against Gordhan.

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Contrary to popular belief, SA Corporates do not hold as much cash as has speculated by media. This is according to a research done by Intellidex which was commissioned by Business Leadership SA.

We speak to Mr Bonang Mohale, CEO of BLSA about this report.

Significant growth in the nominal cash levels of the largest non-financial JSE-listed firms over the last 10 years does not point to a corporate investment strike, new research argues.

The findings come in the wake of reports that corporate South Africa is hoarding cash – a concept often tied to the idea of an “investment strike” – following a period of meaningful political and economic turbulence.

An independent study conducted by Intellidex on behalf of Business Leadership South Africa (BLSA) shows that although the total cash held by 85 mining and industrial companies listed on the JSE has increased by 17.4% per year to R765 billion over the past decade, the fluctuation in cash as a percentage of total assets has been fairly narrow at between 6.4% and 10.2%. It reached 7.8% last year.

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