Eight Reasons Why Your Business May Get Hacked
No matter how big or small, any business can be a target for cyber attackers. While some business owners think they’re too small to be noticed, the numbers tell a different story. In 2023 alone, over 343 million people fell victim to cybercrimes, and it doesn’t look like it’s slowing down. Any organisation—whether it’s in […]
SARS en Onderskattings Boetes
Ingevolge die Belastingadministrasie Wet kan SARS ‘n boete hef wanneer daar ’n onderskatting is wat die fiskus benadeel – tensy die onderskatting die gevolg was van ‘n “bona fide onopsetlike fout”. Die presiese interpretasie van die woorde wat voorsiening maak vir die heffing van onderskattings boetes, wat miljoene rande kan beloop, is onduidelik. Regspraak Twee […]
Your Money Is Not Your Shrink
I value and respect psychologists and how they help improve our lives. I, myself, have experienced this. Today, though, I deliberately choose the less elegant term ‘shrink’ to indicate that we sometimes make nasty shortcuts to what we think will improve our overall well-being, more specifically our money matters. Let’s face it, it’s a tale […]
Gold Is at Record Levels—What Now?
Although gold is known as a ‘safe-haven’ investment, normal fundamentals still apply. The gold price recently reached another all-time high, prompting investors to reassess their current exposure. Is it time to take profit for those who have held positions in gold, or is it better to just hold on? And if an investor does not […]
Do Actions Speak Louder Than Words in the Business World?
It’s one thing to claim your company is customer-orientated, but talk can be cheap regarding what matters most to your business. The businesses that serve their customers effectively don’t proclaim it on bold billboards; they prove it through offering efficient advice, paying consistent attention to detail, and delivering long-term quality results. These tangible actions create […]
2024’s Top Risks for Corporate Leaders Business
In 2024, corporate leaders in South Africa and around the world are facing more legal challenges than ever before. As the business environment becomes more complex, directors and senior officials are finding themselves at a heightened risk of litigation across a variety of fronts. Factors increasing legal risks for corporate leaders The business world is […]
Essential Financial Lessons Every Parent Should Pass Down Business
It’s true; financial literacy is as crucial as academic education, and many of us find ourselves reflecting on the lessons we wish were imparted by our parents. Growing up in South Africa, where economic challenges and opportunities coexist, understanding money management from an early age could have set a solid foundation for personal financial success. […]
The Financial Costs and Benefits of Solar Power
The shift towards renewable energy in South Africa has seen a significant rise in the adoption of solar power. While the benefits of solar energy, such as sustainability and long-term cost savings, are well-known, it’s important to also consider the hidden costs and challenges associated with solar power systems. This balanced analysis aims to provide […]
Understanding medical aid benefits in South Africa
Understanding and effectively managing your medical aid benefits is a crucial aspect of healthcare planning in South Africa. The diverse and complex healthcare system of the country offers a variety of medical aid plans, each with its own set of benefits and limitations. This comprehensive guide is designed to help South Africans navigate their medical […]
When to register your business for VAT
There’s a compulsory threshold, but there may be advantages to voluntary registration. Value-added Tax (VAT) registration is a crucial obligation for businesses operating in South Africa. Knowing when to register for VAT is essential to comply with tax laws and avoid penalties. This article discusses the circumstances under which businesses must register for VAT in […]