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Finance

What is the challenge of setting a new national minimum wage?

Recent strikes and protests regarding South Africa’s new national minimum wage have brought to the fore the challenge faced by those who were tasked with setting it. If it was too low, to avoid job…

6 hacks for your small business’s finances

Finances are, without a doubt, the most important thing when it comes to any business. It’s rather simple; no business can be sustained without a good finance managing technique. More often than not, this is…

6 visual merchandising tricks to increase your sales

When urging your audience to buy something, they might feel a bit skeptical about what you show them or send them (in textual form). What they see, however, is a different story altogether. Visual merchandising…

Why is expat pay more complicated than calculating exchange rate?

Experts trained in how to balance the expectations of international workers with the strategic, financial and practical constraints faced by the employer are in high demand. The driver of this demand is the technology that…

Finance
4 key global payroll tips

4 key global payroll tips

Taking your business to new markets often provides new opportunities, but it can also present new challenges. International companies aren’t just international companies: they are local ones, too. Every office you open in every country…

Finance
5 factors that drove the interest rate decision

5 factors that drove the interest rate decision

The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) met on 26 – 28 March 2018 to deliberate an interest rate stance that anchors inflation to the middle of the 3 –…

Finance
Why money won’t solve your talent retention problems

Why money won’t solve your talent retention problems

Your business is as good as your people. You know this. But the average South African worker only stays at a company for 47 months, and as many as 55% of employees say they’d reject…

Finance
How to take your salary to the next level

How to take your salary to the next level

Everyone wants to know how they can grow their salary, how they can take their increase above the standard percentage point and take home more for their hard work. Fortunately, there are steps that anyone…

Finance
Extensive reform for suppliers of electronic services

Extensive reform for suppliers of electronic services

Proposed amendments expanding the scope of electronic services resulting in a VAT registration liability for foreign suppliers. In 2014 the Value-Added Tax Act, 89 of 1991 was amended to include in the definition of “enterprise”…

Finance
How to evaluate your current retirement annuity

How to evaluate your current retirement annuity

The National Treasury found that only 6% of South Africans will be able to maintain their standard of living in retirement. There are two key contributing factors to this. Firstly, many people are investing in…