Q4 Economic Outlook

Q4 Economic Outlook

As we transition through the final quarter of the year, we consider the likely economic outlook over the medium term. The dollar, as measured by the dollar DXY index (measures the strength of the dollar relative to a basket of other currencies) is up 17.4% year to...
Assessing your options

Assessing your options

Over the past 3 months the rand has weakened against the dollar by almost 10%, and around 6% over the last month alone. There are many importers who are crying and exporters who are smiling. But what if for example you are an exporter with orders or work-in-progress...
Credit Risk for Business

Credit Risk for Business

There’s an old accounting adage “Turnover is vanity, profit is sanity and cashflow is king.” What does it really mean? And how does it affect the banks appetite to lend? Let’s start by understanding what each of the following means: Turnover: this is the total amount...
Inflation Dynamics and Recessionary Fears

Inflation Dynamics and Recessionary Fears

Inflation has been a key theme and area of discussion in the financial markets of late.  Rising inflation is a global phenomenon and not centric to the US alone, although investors are paying particularly close attention to inflation dynamics in the US. What causes...
SURPRISES – Most people like them, right?

SURPRISES – Most people like them, right?

The book “Surprise” by Tania Luna and Leeann Renninge argues that surprise, whether good or bad, is critical for bringing vitality to our lives….. EXCEPT if it has anything to do with TAX! Today I am referring to Individual Tax – Your payslip and eventually your...
PI Scores and how it can save you money!

PI Scores and how it can save you money!

While enjoying a braai the other day a friend was complaining about how expensive his audit fees are, especially as he is just a small private company trying to get through these tough economic times.  After a long discussion and a very happy friend, I realised that...