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Weekly top stories


Winners of Morningstar South Africa Fund Awards announced
Morningstar Research has announced the winners of its 2015 South Africa Fund Awards at a gala dinner which was held on 4 March at The Table Bay Hotel, V&A Waterfront in Cape Town... read more>>



Finance
Project financing picture in Africa is mixed

Kingsley Ighobor and Busani Bafana

It is an audacious $4.8bn project undertaken by one of the world's poorest countries. At the construction site in the Benishangul region of Ethiopia near the Sudanese border, some 8,500 workers are labouring tirelessly every day to build the gigantic Grand Ethiopian Renaissance Dam... read more>>
Small business development key to economic growth

Yvonne Zwane

Small business is the panacea to tackle the problems of employment growth and income distribution... read more>>
Banking
FirstRand CEO Sizwe Nxasana to step down

Phakamisa Ndzamela

FirstRand CEO Sizwe Nxasana will step down from his role on September 30, after nine years at the banking group. Nxasana will be replaced by his deputy CEO, Johan Burger, who started his career at RMB in 1987... read more>>
Banks need to step up pace of core systems modernisation

Saurabh Kumar

The next era of banking will involve heightened complexity, uncertainty, and competition, as banks face threats from new players - including companies in areas like software, social media and telecoms... read more>>
Banking on branding as important as ever

John Harvey

There can be little doubt that the proliferation of entry-level banks in the past few years has vastly changed South Africa's financial landscape... read more>>
Barclays Africa eyes faster expansion

Phakamisa Ndzamela

Barclays Africa Group (BGA) is intensifying its expansion into the rest of the continent with applications for licences in several countries... read more>>
SA banks' customer satisfaction index improves
According to the latest South African Customer Satisfaction Index (SAcsi), South African banks have achieved slightly higher customer satisfaction scores than last year. The overall score was 76.3 out of 100 (2013: 75.6)... read more>>
Education & Training
SimplyBiz Shift Questions workshop offers entrepreneurs new perspectives
The successful SimplyBiz Shift Questions workshop, developed by Raizcorp in association with Nedbank, will travel nationally this year, beginning on 9 May 2015 in Johannesburg... read more>>
Markets & Investment
SA should seek more reliable market access into US

Nkululeko Khumalo

The African Growth and Opportunity Act (AGOA), which is set to expire on 30 September 2015, is under increasing renewal pressure given its importance in the relationship between the United States and the 40 sub-Saharan African countries that benefit from it... read more>>
Taxation & Regulation
SCA clarifies relationship between VAT vendor and SARS

Graeme Palmer

The basic principle of VAT is that a vendor must account to the South African Revenue Service (SARS) for output tax on taxable supplies made after deducting any input tax incurred by him... read more>>
Time for SA firms to tackle a taxing issue
There have recently been some well-publicised examples of multinationals buckling under pressure because they were perceived to be paying too little income tax... read more>>
SARS releases ruling on sale of shares

Heinrich Louw

The South African Revenue Service (SARS) released Binding Private Ruling No 189 on 19 February 2015, which dealt with the sale of shares subject to suspensive conditions... read more>>
Government's strategy on right path towards fixing the economy
The Minister of Finance's 2015 Budget is a bitter sweet one for high net worth individuals, with this year's tax blow softer than expected, and good news on foreign regulations... read more>>
Budget kind to middle-income earners and SMEs
Government is not planning to overburden tax payers. This was the key message for delegates at the Deloitte Budget breakfast held in Cape Town recently... read more>>
Jobs offered
Project Accountant - Cape Town
Stellenbosch University currently seeks to appoint a suitably qualified and experienced project accountant (Ref. TGB00/066/0315). Applications close: 20 March 2015 Read more >>

Programme Assistant ICS5 - Pretoria
UNAIDS currently seeks to appoint a suitably qualified and experienced programme assistant ICS5 (two positions). Applications close: 31 March 2015 Read more >>



New events to diarise
Global Trends in Banking: Focus - Islamic Finance - 16 Mar 2015, Sandton, Johannesburg
Global Trends in Retail Banking: Focus - Islamic Finance - presenter: Joseph DiVanna 16 March 2015 6pm -7.30pm Radisson Blue - Johannesburg R300 Zainab Hamid - 0312601234 Read more >>


6th Annual Rural Development Conference
MILLA SA - 27 May 2015 to 28 May 2015, Durban

Legal and compliance risk management
BizStrat - 25 Jun 2015 to 26 Jun 2015, Johannesburg

Infrastructure Africa 2015
Siyenza - 1 Sep 2015 to 2 Sep 2015, Johannesburg

Upcoming events
Interbank Conference 2015
Trade Conferences International - 11 Mar 2015 to 12 Mar 2015, Johannesburg

Interbank Payments and Settlement Conferences
Trade Conferences International - 11 Mar 2015 to 12 Mar 2015, Johannesburg

Global Success and You women's talk
Limitless Social Club - 14 Mar 2015, Rosebank, Johannesburg

Advanced Excel
Alusani Skills & Training Network® - 16 Mar 2015 to 17 Mar 2015, Johannesburg

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