Explore the Category

What the FATF

28 February 2023 | Featured Story

It is official. On Friday, 24 February this year, the global Financial Action Task Force (FATF) added South Africa to its grey list of countries that have inadequate Anti-Money Laundering and Countering the Financing of Terrorism (AML-CFT) regimes in place. FAnews readers will not be surprised by the news, because in addition to ongoing speculation that a grey listing was inevitable, the Minister of Finance hinted at the possibility during his Budget 2023 presentation.

Hum-budgetary… The four or so guesstimates that leave Budget 2023 exposed

27 February 2023 | Straight Talk

The media has had a field day with Budget 2023, commending the Minister of Finance for doing ‘the best he could in difficult circumstances’ and going gaga over the occasional income tax concession, most notably the R15 000,00 rebate offered to individual taxpayers for solar panel installations in the 2023-24 tax season. Corporate commentary on the budget was upbeat too, as South Africa Inc remains unwilling to criticise government, even when such criticism is deserved and overdue. Fortunately, there are a handful of analysts, economists and market commentators who call it as they see it.

What’s inside… FAnews Magazine February 2023

15 February 2023 | The Stage

Welcome to the first edition of FAnews in 2023. Below is a summary of most of the articles we have in this edition, which is a print and digital publication. The link on the article will take you directly to the FAnews February 2023 edition. A reminder that our CPD offering is user-friendly, we have relevant and focussed content and you can do your CPD on your laptop or on your phone with our WhatsApp system. Just follow the prompts on www.FAnews.co.za/login. The CPD cycle ends 31 May, and although this sounds far away, it is a lot closer than you think… we get busy and side-tracked, and focussed on other parts of business. A suggestion from my side is to set yourself an earlier deadline date because if you only do this in May, you might run out of time… the last two days of May are manic and our system really gets slow. The experience is not so pleasant when you leave it for the last two days of May.

Kiss-better and one other way artificial intelligence (AI) makes your tax world more fun

10 February 2023 | The Stage

The LOL (laugh out loud) moment at a recent PSG Think Big webinar occurred when this writer reviewed an artificial intelligence (AI) transcript of proceedings. This particular AI is reasonably good at converting voice to text, but you have to double check its outcomes or run the risk of making some hilarious and / or serious reporting errors. In this case, the AI botched the South African Revenue Services (SARS) commissioner’s name, rebranding Edward Kieswetter as Edward Kiss-better. Hence the laugh-a-minute headline which introduces today’s article, with our unreserved apologies to Mr. Kieswetter for any offence caused. Sticking with this comedic theme, our friendly AI also tripped up over the word ‘government’, replacing it with ‘devil’ at its first attempt. Who would have guessed; no apologies from the writer for this mislabelling.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

View the Results

Would you bet your pension on SA infrastructure?

07 February 2023 | Straight Talk

Advisers beware: AI is to robo-advice what the T-800 is to T-3000 or worse

30 January 2023 | The Stage

73% of global CEOs reckon the global economy has cracked

18 January 2023 | Featured Story

Where to for intermediaries in 2023?

17 January 2023 | Straight Talk

Attention is currency… How to win at social media marketing in 2023

13 January 2023 | The Stage

Sometimes, these climate activists be like crazy

08 December 2022 | Featured Story

Farm-gate… Busting my opinion streak for some breaking news

02 December 2022 | Straight Talk

Bank man fried! Cautious investors LOL as USD32 billion crypto asset (sic) crashes

20 November 2022 | Straight Talk

« ‹ 10 11 12

14 15 16 › »

Talked About Features