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The top shared articles of past 24hours.
    Vernon Wessels, Bloomberg / 21 April 2018 Insurer to separate its four units by the end of this year, the new Old Mutual Ltd. plans ‘return’ to Africa on the JSE.
     42      1   
The top shared articles of the past 7 days.
    Warren Thompson / 18 April 2018 Bought from a company owned by Markus Jooste and Investec director Bernard Kantor.
     330      34   
    Prinesha Naidoo / 19 April 2018 FNB targets underbanked and unbanked with new zero-fee account.
     222      9   
    Warren Thompson / 16 April 2018 And 'misled' the firm when questioned about relationship.
     152      29   
    Ingé Lamprecht / 17 April 2018 Some questions remain unanswered.
     148      21   
    Jerry Schuitema / 20 April 2018 Our most divisive issue is also the most misunderstood and incoherent.
     131      26   
    Warren Thompson / 19 April 2018 For its role in Steinhoff implosion.
     85      4   
    Janice Kew, Bloomberg / 20 April 2018 Frustrated shareholders to seek clarity on retailer’s accounts at annual general meeting in Amsterdam.
     77      5   
    Amanda Visser / 18 April 2018 Drop in compliance over recent years has been significant.
     75      18   
    Janine Wolf, Bloomberg / 19 April 2018 Sudden market swings in the cryptocurrency this week have left price charts looking like a jack-o-lantern’s smile.
     74      0   
    Hilton Tarrant / 16 April 2018 Sizeable votes against director appointments and remuneration …
     64      7   
    Amelia Morgenrood / 19 April 2018 What can I do to maximise the utilisation of this tax vehicle?
     61      8   
    Guy Johnson and Sam Mkokeli, Bloomberg / 18 April 2018 Aims to address land ownership without endangering economic growth.
     58      6   
    Antoinette Slabbert / 16 April 2018 40 000 objections to property valuations received.
     55      8   
    Ingé Lamprecht / 19 April 2018 Flows suggest breakdown in relationship between rand weakness and externalisation.
     50      19   
    Warren Thompson / 16 April 2018 Partly in order to evaluate work done.
     47      2   
    Chris Yelland / 16 April 2018 Reports of alarming coal supply problems at numerous Eskom coal-fired power stations in Mpumalanga.
     47      15   
    Vernon Wessels, Bloomberg / 21 April 2018 Insurer to separate its four units by the end of this year, the new Old Mutual Ltd. plans ‘return’ to Africa on the JSE.
     42      1   
    Alexandra Alper and Barbara Lewis, Reuters / 17 April 2018 Two leaks in a month, a 90-day outage and $58 million in fines is not enough to temper the company's ambitions in Brazil.
     39      0   
    Paul Burkhardt / 20 April 2018 While the immediate shortage is related to Tegeta-owned mines, the problem is more deeply rooted - UCT professor.
     37      2   
    Ray Mahlaka / 19 April 2018 Despite nervousness about whether market regulators will find the property group guilty of share price manipulation.
     36      2   
The top shared articles of the past month.
    Stealthy Wealth / 5 April 2018 Start early, don’t cash out money earmarked for retirement, ignore all the media noise.
     651      34   
    Ingé Lamprecht / 6 April 2018 Taxpayers have to declare cryptocurrency gains or losses as part of their taxable income.
     561      12   
    Colien de Villiers / 24 March 2018 Eight external debt collectors have been appointed by Sars to recover the billion of rands owed to it.
     354      8   
    Warren Thompson / 18 April 2018 Bought from a company owned by Markus Jooste and Investec director Bernard Kantor.
     330      34   
    Patrick Cairns / 3 April 2018 Investors are being told the wrong thing.
     328      37   
    Adrian Kruger / 26 March 2018 Turning around SOEs is a mammoth task.
     242      6   
    Prinesha Naidoo / 19 April 2018 FNB targets underbanked and unbanked with new zero-fee account.
     222      9   
    Amanda Visser / 13 April 2018 Courts are finding in favour of taxpayers where Sars hasn't followed due processes.
     213      9   
    Hilton Tarrant / 12 April 2018 ‘Affordability’ fast becoming a myth….
     209      19   
    Antoinette Slabbert / 11 April 2018 Will go to court about pay first, object later practice.
     182      4   
    Patrick Cairns / 9 April 2018 When you consider the biggest risk to your wealth.
     181      16   
    Eddie van der Walt and Olga Kharif, Bloomberg / 31 March 2018 In downbeat end to dismal quarter.
     158      1   
    Warren Thompson and Christo Wiese / 10 April 2018 'There was nothing sinister, I believed I was following protocol.'
     155      11   
    Warren Thompson / 16 April 2018 And 'misled' the firm when questioned about relationship.
     152      29   
    Warren Thompson / 10 April 2018 Company says normal governance processes for prior transactions were not followed.
     148      21   
    Ingé Lamprecht / 17 April 2018 Some questions remain unanswered.
     148      21   
    Hilton Tarrant / 3 April 2018 Follows granting of R191m in awards in 2016 …
     132      10   
    Jerry Schuitema / 20 April 2018 Our most divisive issue is also the most misunderstood and incoherent.
     131      26   
    Soré Cloete / 1 April 2018 Take advantage of your free annual credit report.
     122      3   
    Ray Mahlaka / 5 April 2018 The Cinderella story of listed property has come to a screeching halt but SA-focused stocks are staging a comeback.
     114      0   
The latest 20 comments.
  1. Inspector Bucket

    21 April 2018 @ 10:32 pm
  2. And so all the millions are eventually given land and title deeds, for free, and then they realise upkeep, farming, etc. are really quite difficult and decide to sell and take the money instead. Millions of transfers, millions of title deeds exchanging hands, or lost, conveyancers unable to cope, Deeds Office totally clogged up, what a mess.
  3. Colson

    21 April 2018 @ 9:53 pm
  4. You are spot on. Logic is irrelevant in a mad-house.
  5. Johan_Buys

    21 April 2018 @ 7:50 pm
  6. I don’t get why people are confused. The act applies, whether you swap crypto for Uber rides or new born lambs, clams or gold for anything : a gain or loss is a gain or loss, whether capital or income in nature It is really not difficult people
  7. v_3

    21 April 2018 @ 7:14 pm
  8. Why, on a topic about auditing and ethics, is MW consulting a non-audit body (but one whose CEO would openly love to be accredited as statutory auditors) that does its best to confuse itself with CAs — saiBa is strangely one letter removed from saiCa (the real deal). He clearly tried to equate the 'ten professional bodies,' some of which (have nothing to do with auditing) The "(SA)" suffix that all SAIBA'S 'qualifications' have was adopted by SA chartered accountancy for good reasons, to distinguish it from its mother body. But apart from marketing, there is no good reason to have SAIBA distinguish itself from non-existent overseas bodies. He constantly talks about "our profession" although he is NOT a member of the auditing profession (but states he would like SAIBA to become one, note the heavy hints at alternative roues — notably his own for-profit organisation's training — to becoming qualified). Interestingly, SAICA itself is cashing in on the CA(SA) designation, having introduced a non-auditing CA stream. This is a reaction to the fact that most CAs end up "on the other side of the desk" in commerce rather than auditing and to the competition from MBAs, bodies like SAIBA, etc. But this does not answer WHY so many CAs wind up as successful in business (with the Steinhoff gang, certain CFOs at SOEs, the skelm element at KPMG and the like hopefully aberrations). While SAICA, IRBA and various international bodies (IFAC, etc) are grappling with how — when corporates and accounts are getting increasingly complex and complicated — outsiders (the independent auditors) can continue to express reliable opinions on their accounts the interview does not touch on this. Nor does Nicolaas indicate why his institute offers a better alternative.
  9. Joe amod

    21 April 2018 @ 5:32 pm
  10. It’s not only steinhoff all companies on the Jse all of them should be taken to task eg abil bank getting away why?????????
  11. Colson

    21 April 2018 @ 12:51 pm
  12. If ever there was a company that needed a major shake-up!!
  13. Chev

    21 April 2018 @ 11:23 am
  14. het gisteraand ( 20/04/2018 ) na jou geliuster op RSG geldsake en komentaar op die klomp skelms se doen en late. Ek het self geen aandele in die skelm beleggings skema maar voel net soos jy en die ander belegers...de moer in. Eenvoudig: die skelm mense het in die eerste plek die skema gestig met die doel om hulle self skaamteloos te veryk en die beleggers te bevark...hulle het presies geweet waarmee hulle besig was.
  15. TalkingHeads

    21 April 2018 @ 10:06 am
  16. Haha don't touch them??? Stay away from the Internet too, that's also fantasy... Betting against technology and progress is not wise.
  17. Mactheknife

    21 April 2018 @ 8:16 am
  18. I have to agree with France’s original comment. All problems that exist worldwide are based on overpopulation and education. Pollution of the planet, shortage of critical resources ( water, food scarcity, housing and jobs) these are all linked. No Social Grants system, economic empowerment schemes or land redistribution will change a thing. Until we deal with overpopulation nothing will change.
  19. Mactheknife

    21 April 2018 @ 8:05 am
  20. So where is the missing €19billion? Once you find that out, you will know exactly what happened at Steinhoff It’s as simple as that
  21. Sweetpea

    21 April 2018 @ 7:40 am
  22. This is all about the sudden interest by SARS in the fantasy world of the Bitcoin and similar fantasy currencies. While some have claimed to have made money from them, they are in the same category as casino coins. Do not touch them. If you do then you have a huge chance of loosing your money. It is unfortunate that our government channels have been quoting their supposed values at the same time they quote tangible world currencies like the US $, the Euro or the GBP Sterling. Otherwise you may just as well believe in monopoly money as the real thing. Be and stay warned.
  23. The Hun

    21 April 2018 @ 4:48 am
  24. "Take for instance the US dollar – it is not official South African tender and is also not widely used and accepted in South Africa as a medium of payment or exchange." Tell this to the companies and individuals who import and export things. The dollar and Euro is used far more as medium of payment for import and export than the Rand.
  25. forge4

    20 April 2018 @ 11:14 pm
  26. d@m spellchecker should be "trial".
  27. forge4

    20 April 2018 @ 11:08 pm
  28. Cyril doing a balancing act on a knife point, Should he go left(EFF) he will gain voter support from the masses, with the unrealistic "free"-"dom"-charter campaign, but then he will definitely loose the economy. No matter how the ANC try to talk down the situation for Cyril's return from the Commonwealth summit, the international community again have taken notice.
  29. forge4

    20 April 2018 @ 10:26 pm
  30. I just love South African Law "The National Prosecuting Authority (NPA) gave Duduzane Zuma a two-month deadline that expired at the end of March to make representations as to why he should not be prosecuted"...it took the NPA investigators 4 years to come to the conclusion "lets ask Dudu if we must prosecute", I left SAP after 20years, O how happy all them suspects would be if I had ask them, "what do you think, should we go on to trail"...if the evidence proof quilt, it went to trail, with or without consent. NPA investigators wont even find themselves in a mirror.
  31. forge4

    20 April 2018 @ 9:16 pm
  32. to ad to your comment, Reuters article on "South Africa's northern protests" -... "Miriam Visage, 52, who lives in a two room township house with her six children and seven grandchildren",... today (2018) its Miriam, who demand her share, 2023 it will be the six children of Miriam who demand their free share, and so far we have seven grand children in this family - come 2030 its the seven grandchildren demanding their free share right, this bring us to 14 from this one family in a 10 ten year span. Were screwed, as this is the voter base for ANC and EFF, breeding masses to stay in power.
  33. Johan_Buys

    20 April 2018 @ 8:13 pm
  34. was the salmon good?
  35. TheObserver

    20 April 2018 @ 7:59 pm
  36. I feel a bit sorry for Me. Sonn. This company was looted by the Skelmbosch crowd and their hangers-on. It has nothing to do with her and yet she somehow has to clean up the mess. To make matters worse, while regulators, lawyers and angry investors are snapping at her heels, it is hard to see any form of outside support coming her way. I wish her all the luck she deserves. Shame.
  37. Mactheknife

    20 April 2018 @ 7:26 pm
  38. Have you all considered that CR has followed that old adage “ keep your friends close, but keep your enemies closer”? At best, perhaps he has been waiting for Supra to shoot himself in the foot, and now can do what he wanted to do when he took over but couldn’t be in a rush to do. One hopes this is the case...... Too many expectations, not enough resources to meet them is a big problem for us all.
  39. Henriques

    20 April 2018 @ 6:54 pm
  40. A good credit control team is essential. Follow up and follow up. Adhere to your rules, customer does not pay as per arrangement, stop his account. Check on customer's viability and have strong credit limits. Insure your book. As mentioned here don't buy stock or do special jobs unless you have a deposit. I have been in businesses where an account is not paid until the supplier has phoned. So follow up and follow up.
The top voted comments of the past 7 days.
  1. Ronaldus

    20 April 2018 @ 6:17 am
  2. A voice of wisdom amidst all the political rhetoric that bedevils this issue. We need thought leaders - such as Schuitema - to speak out consistently on this emotive subject.
  3. Daviddebeer

    18 April 2018 @ 5:39 am
  4. ~Paying legal costs out of her own pocket will have a negative impact on her family members.. Yeah no shit? Should have thought about this before endangering the only income several million of the poorest people in the country have. They squander taxpayer money without a 2nd thought so I think it only just that they start sharing the pain from their own pockets.
  5. casper1

    18 April 2018 @ 2:12 pm
  6. LOL - What am I getting for my tax money?? 1. I pay for schooling and university fees - some do not!! 2. I pay for private medical fees and do not rely on state hospitals. 3. I pay for armed response as the police are worse than useless!! 4. I pay rates and taxes yet the roads are falling apart and the water stink. 5. I bought my house with hard earned money - others just get it for free. 6. I pay my taxes to have it squandered by a socialist government. WTF!!! I must be senile to actually complete a tax form!!! The answer to what do I get back for my taxes = EXACTLY 0- nil - nothing - zilcho
  7. Africa Pragmatist

    20 April 2018 @ 5:14 am
  8. Absolutely. The ANC and the public sector do not have the complete monopoly on corruption.
  9. Mactheknife

    18 April 2018 @ 7:20 am
  10. Usually if you smell a rat, there is a rat! So. The buddy buddy network extends beyond Skelkembosch - doesn’t really prove anything. But it does confirm that there is honor amongst thieves.
  11. Danie van Parow

    20 April 2018 @ 7:58 am
  12. When it comes to land, I always ask myself, who is the settler and who is the indigenous inhabitant ? If you go back 400 years, then I am a settler in South Africa, being of European descent. If you go back 800 years or more, then a lot of the African population are settlers, having migrated southwards from central Africa. Who decides where to draw the line in history ? Ultimately, I believe we are all settlers, as nobody's forefathers staid at the same place since the evolution of man. Tell me I'm a settler after 400 years in South Africa, and I will prove to you that you are a settler as well.
  13. Sweetpea

    19 April 2018 @ 7:01 am
  14. The former President and his comrades, some of which are still in government, and for the record - none have come to book, showed the world that product RSA was one of the most risky to invest in. Our long winded judicial system, our high crime rates, the constant threats of our land being grabbed or occupied, the one sided and restrictive labour laws in place, the ongoing daily strikes we encounter, the high tax rates in place, the excessive delays at SARS dealing with queries and tax refunds, the restrictive and punitive rules at Home Affairs for entry and exit into South Africa of travellers with children which are unique only to South Africa, the social grant system which is draining the economy - just to name a few things that Investors do not encounter when they invest in other countries are the things to consider when investing in South Africa, and conversely, when South Africans invest abroad.
  15. rebelboer

    20 April 2018 @ 6:25 am
  16. This article is spot on. Add to this perspective, that when looking at agricultural land redistribution, we should look at success stories where partnerships between commercial farmers and emerging farmers have been shown to significantly increase the chances of success. If we could only eliminate patronage as a criteria for awarding farms and rather look to skills and willingness to work hard, then we would be starting to make a difference here.
  17. Sweetpea

    19 April 2018 @ 6:44 am
  18. To compete with Capitec's excellent product which has 4 accounts within the single debit card they issue and an awesome interest rate above 5% credited monthly on positive balances, FNB will have to match or better that or else the zero fee attraction at FNB will have little or no effect. Bank consumers are wiser these days than Bankers credit them for. Beating Capitec's product together with their good service will take a lot to match or beat. I wait with bated breath for the launch but I am not optimistic.
  19. Mactheknife

    16 April 2018 @ 8:22 am
  20. Unfortunately this is the price you pay for BEE. Forcing those that don’t understand the protocol to take up positions of authority. It’s not fair on everyone involved.
  21. New York

    18 April 2018 @ 7:04 am
  22. It's a lovely property and it's worth every cent. I have great respect for Steinhoff when it comes to picking investments and preparing financial statements.... Them fellows have great taste and greater creativity.
  23. Sweetpea

    20 April 2018 @ 8:07 am
  24. Before the Steinhoff aggressors are taken to court, the people involved in State capture who have been dipping into the cookie jar for much longer periods, they must be charged and their cases heard in court. Do not use the Steinhoff case to sweep the theft from State Capture under the carpet.
  25. The Hun

    19 April 2018 @ 5:27 am
  26. SA is around 1% of the worldwide investment market. Why would anyone keep most of his eggs in this tiny basket? If overseas investors put ONLY a small percentage of their money into SA why would a local person/company not do the same?
  27. QO1942

    18 April 2018 @ 9:06 am
  28. LOL - paying it out of my tax pocket is OK, though. The ANC cadres have no idea of finances or where money comes from.
  29. Daviddebeer

    18 April 2018 @ 5:44 am
  30. If she has family members in need of financial assistance then they can always apply to SASSA for aid. As for herself, a bit of imposed austerity to pay the debt and bills never hurt anyone.
  31. IzzThatSo

    20 April 2018 @ 6:49 am
  32. Can someone please give us the facts of the Steinhoff matter? Until that is done, BLSA and others threatening jail time for all and sundry are merely acting as kangaroo courts.
  33. JapieM

    16 April 2018 @ 8:55 pm
  34. I hope they have success, but the government is not exactly creating an environment in which the economy can grow and attract investments in a natural way. The business environment is over regulated and the cost of compliance is a lot. And then there's the risk of just loosing everything in the name of expropriation without compensation.
  35. Notwarren

    16 April 2018 @ 10:32 am
  36. Move past the identity politics. There have been more than enough recent examples of "white" fraud - notably Steinhoff, perpetratred by white CA's. I am so fed up with everything being defined by skin colour, nationality sexual orientation or gender. People act corruptly because they are corrupt, not because they are black or male or gay.
  37. hereshoping

    18 April 2018 @ 3:27 pm
  38. hereshoping How can he get new investment into the country with the EFF policy of land grab and the ANC burning buildings for anything they do not agree with and the taxis ruling the roads with barricades. There is no more law and order. The ANC have lost the plot.
  39. Shaokhan

    16 April 2018 @ 11:15 am
  40. Really? Last I checked Trevor Hoole was white? So was Brown(Fidentia), Leon Kirkinis(African Bank), Marcus Jooste(Steinhoff) etc...what is at work in these cases?
The top commented articles of the past 7 days.
    Warren Thompson / 18 April 2018 Bought from a company owned by Markus Jooste and Investec director Bernard Kantor.
     330      34   
    Warren Thompson / 16 April 2018 And 'misled' the firm when questioned about relationship.
     152      29   
    Jerry Schuitema / 20 April 2018 Our most divisive issue is also the most misunderstood and incoherent.
     131      26   
    Ingé Lamprecht / 17 April 2018 Some questions remain unanswered.
     148      21   
    Moneyweb / 17 April 2018 Once highly-rated globally, SA's auditing sector has lost its status and requires urgent intervention, says Saiba's CEO.
     16      21   
    Ingé Lamprecht / 20 April 2018 BLSA says it will ensure those found liable are prosecuted.
     36      19   
    Ingé Lamprecht / 19 April 2018 Flows suggest breakdown in relationship between rand weakness and externalisation.
     50      19   
    Vernon Wessels / 18 April 2018 Mark Lamberti found to have impaired the dignity of an ex-employee.
     18      18   
    Amanda Visser / 18 April 2018 Drop in compliance over recent years has been significant.
     75      18   
    Chris Yelland / 16 April 2018 Reports of alarming coal supply problems at numerous Eskom coal-fired power stations in Mpumalanga.
     47      15   
    Janice Kew / 18 April 2018 Van Zyl joined the board in 2016, and is also the chairman and former CEO of Sanlam.
     27      15   
    Renee Bonorchis, Bloomberg / 17 April 2018 The auditing firm is struggling to stay afloat amid the latest scandal regarding VBS Bank.
     34      14   
    Amogelang Mbatha and Mike Cohen / 16 April 2018 President employs dream team to hunt the globe for investment to boost economy.
     34      12   
    Ray Mahlaka / 18 April 2018 Paying legal costs out of her own pocket will have a negative impact on her family members, said Sassa’s acting CEO Pearl Bengu.
     32      11   
    Mamokgethi Molopyane / 17 April 2018 Billions could be reallocated to programmes aimed at ending poverty.
     22      11   
    Prinesha Naidoo / 19 April 2018 FNB targets underbanked and unbanked with new zero-fee account.
     222      9   
    Warren Thompson / 17 April 2018 And Oberholzer denies working at Kyalami Schools.
     16      8   
    Ray Mahlaka / 17 April 2018 Reaching economic growth of more than 5% from by 2030, seems unrealistic, at best.
     19      8   
    Antoinette Slabbert / 16 April 2018 40 000 objections to property valuations received.
     55      8   
    Amogelang Mbatha and Renee Bonorchis / 17 April 2018 Raids follow High Court order against those involved in questionable dealings related to Gupta-linked Estina.
     15      8   
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