Search Results for: South Africa
10 results out of 4361 results found for 'South Africa'.
WILL ROBOTS BE THE TAX CLIENT BASE OF THE FUTURE FOR GO-AHEAD ACCOUNTING FIRMS?
RENÉ Descartes may have said ‘I think, therefore I am’, to judge if he was human. But when deciding whether a robot is an autonomous being, the real test may be whether it pays tax. As regulators, business leaders and philosophers ponder the impact of robots with artificial intelligence (AI) that choose actions, learn from their environment, and perform tasks better and faster than their flesh and blood developers, the question of their fiscal responsibility is becoming serious.…
NUMBER OF WOMEN ON MIDDLE EAST BOARDS STILL LOW, DESPITE ENCOURAGEMENT FROM SOME GOVERNMENTS
Most organisations in the Middle East today acknowledge the importance of gender diversity, yet the current number of females on boards does not reflect this, according to participants at a recent networking breakfast in Dubai, hosted by ACCA.
An important reason for this is the self-perception of women, who feel that they lack the experience to be a board member, according to research from Hawkamah, the Institute for Corporate Governance at the Dubai International Financial Centre (DIFC), whose CEO Dr Ashraf Gamal El Din addressed the meeting.…
ACCA-QUALIFIED CARIBBEAN AIRLINE BOSS STEERS HER COMPANY TOWARDS RECOVERY FROM MAJOR HURRICANE LOSSES
RUNNING a complex international air travel business that recovering from 2017’s devastating hurricane season, Caribbean airline boss Julie Reifer-Jones is having to draw on her near three decades’ experience in senior financial management.
Immaculately presented, in killer heels, Reifer-Jones FCCA is not just the first female CEO of Antigua-based airline LIAT, she is the only female CEO of any airline in the Caribbean.…
TURKISH "POWERHOUSE" NONWOVENS SECTOR TO EXPERIENCE FURTHER SIGNIFICANT GROWTH
TURKEY has become “a powerhouse” in the nonwovens sector and forecasts predict further growth of between 5-10% this year with “game changer” new products coming to market, according to industry insiders – but overcapacity is keeping margins tight, they warn.
Turkey is the largest nonwovens producer in the Middle East, and now the second largest in Europe, according to European nonwovens industry association EDANA.…
EIB TO HELP GEORGIA BOOST ENERGY SECURITY BY BUILDING UNDERGROUND GAS STORAGE FACILITY
THE EUROPEAN Investment Bank (EIB) is planning to lend Euro EUR100 million to Georgia to convert a depleted oil field at the Samgori South Dome, in the east of the country, into an underground storage facility for natural gas. The goal, said an EIB note, is to increase security of energy supply in Georgia during supply disruptions and “secure peak and seasonal demand of household and electricity producers without increasing Georgia’s dependency on its single and key supplier (Azerbaijan)”.…
SOUTH AFRICAN PAINT AND COATINGS SECTOR ANTICIPATES ROBUST GROWTH, DESPITE SOME REGULATORY AND INGREDIENT CHALLENGES
SOUTH Africa’s paints and coatings market will grow a cumulative 40% to South African rand ZAR9.77 billion (USD823 million) between 2016 and 2021, driven by continued construction and urbanisation, according to new figures.
Statistics supplied by market researcher Euromonitor International have forecasted that the country’s home paints market will grow from ZAR3.48 billion (USD293.3 million) to ZAR4.88 billion (USD411.5 million) during this five-year period.…
SAUDI ARABIA’S PUSHES FORWARD WITH NUCLEAR POWER PLANS
Saudi Arabia is pushing ahead with ambitious plans to build 16 nuclear reactors, both small and large, to generate 17GWe by 2040. While no tenders have yet been awarded, the kingdom is working with numerous international partners to develop its nuclear infrastructure and safety systems.…
NONWOVENS SECTOR PUSHES FOR NAFTA RENEGOTIATION TO STRENGTHEN INDUSTRY IN NORTH AMERICA
IF there is one issue that is a key focus of the north American nonwovens sector this year, it has to be the renegotiation of the North American Free Trade Agreement (NAFTA) between the USA, Canada and Mexico.
Tri-lateral talks have now reached their eighth round, with an objective of achieving a new deal by this summer, although observers believe this timescale might slip.…
EU COUNCIL DECISION TO DROP EIGHT COUNTRIES FROM TAX HAVEN BLACKLIST UNDER FIRE
EUROPEAN UNION (EU) finance ministers have agreed to remove eight jurisdictions, including much-criticised Panama that gave the world the ‘Panama Papers’ scandal, from the bloc’s tax haven blacklist, only a month after it was created.
A EU Council of Ministers statement said this decision, which has now been slated by members of the European Parliament (MEPs) and environmentalists, followed “commitments made” by the listed jurisdictions “to remedy EU concerns”.…
MINERALS SECTOR NEEDS TO BURNISH COMMUNITY REPUTATION AS EXPLORATION INVESTMENT GROWS
INDUSTRIAL minerals companies need to better manage their communications in an increasingly interconnected world, the CEO of Brazil-based Nexa Resources S.A. told this year’s Prospectors & Developers Association of Canada (PDAC) convention.
In comments echoed by Canadian colleagues, Tito Martins, said he felt that the industry must change the way it engages with an expanding number of potential partners, from local communities and environmentalists, as well as regulators and financiers.…