wauNews
Why bother with vision, mission and value statements?
Every organisation exists for a specific purpose. Some make the reason for their existence central to everything they do. It drives their daily activities and defines the culture of the organisation. Other organisations take the time to deliberate and define their...
The message from central banks
This month saw several Central Bank meetings take place. Bank of Japan, Swiss National Bank, Bank of England, South African Reserve Bank, and the Federal Reserve were a few. Of these the most closely watched by investors was the Federal Reserve. The Federal Reserve...
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 IRP5....
Are you building a village?
It takes a village to raise a child. The meaning of this proverb is that it takes the involvement of an entire community of different people interacting with children, for a child to grow and develop in safety. The entire village will look out for the children,...
What happens when we invest in developing our people?
The present-day focus on productivity, efficiency and profitability have notably also impacted the time and money that organisations are willing to spend on the development of their people. Management typically use one or more of the following excuses when confronted...
it’s not (just) about the ivory
The South African Minister of Forestry, Fisheries and the Environment, Barbara Creecy, reported on 31 July 2021 that 249 rhinos were poached in South Africa during the period 1 January 2021 to 30 June 2021. The Kruger National Park saw the most poaching activities....
foreign exchange risk management – understanding its significance to your business
If you haven’t analysed your business’ sensitivity to fluctuating exchange rates and developed a comprehensive risk management policy, that you then consistently apply, you are essentially driving through a snowstorm without snow tyres to protect you from the ice...
Is the dollar’s status as reserve currency at risk?
Being the nation whose currency holds the status of the world’s reserve currency comes with a few advantages for that country. The most significant of these is the ability to settle balance of payments (difference between what a country imports and what it exports) in...
The never-ending journey towards optimal productivity
In the age of information ad infinitum, the human brain has never been so exposed to such volumes and varied types of information. This is mostly due to the growing importance of the internet and social media. Daily life has become so interconnected and infused with...
It’s tax season once more…
It is August 2021. All accountants and tax practitioners are running around like headless chickens – Again! All stressed and busy with tax season. This time around it really is tax season, and all individuals need to file their annual tax return for 2021 as well as...
thoughts on hope, community and ubuntu – a call to all South Africans to step up
Almost exactly two years ago I called the wauteam together for a chat. Mentally it was a tough time to be a South African. It was a period characterised by strikes, marches and the incitement of hatred and violence. I realised this was starting to affect the morale...
the right of access to information
As of 30 June 2021, the Information Regulator of South Africa has taken over the regulation of the Promotion of Access to Information Act 2000 (PAIA). Since the inception of PAIA in 2001, most small private bodies were exempt from the provisions to compile a manual in...
