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Water crisis in South Africa: are we making progress?
Johannesburg, 31 October 2023 - Under the global development goals agreed to in 2015, government has pledged to provide access to clean water and sanitation for all by 2030. Speaking on behalf of the South African Institute of Chartered Accountants (SACA), Piet Nel, Project Director for Tax Professional Development at SAICA, explains that in SAICA’s view, the biggest obstacle to achieving these goals is a lack of accountability and the enforcement of consequences for management, for which there seems to be very little political will.
Forget a good budget – a compliant one will do for now
Johannesburg, 31 October 2023 – On 1 November 2023, the Medium Term Budget Policy Statement for 2023 will be presented to Parliament. So, what is the Medium Term Budget Policy Statement (MTBPS) or as it is commonly known, the “Mini Budget”?
Greylisting as it relates to trusts
Johannesburg, 31 October 2023 – Over the last 10 years, there has been large-scale domestic and international financial fraud in South Africa, and in some respects, trusts have been involved. Lisa Kahanovitz, Project Director: Tax Guidance at the South African Institute of Chartered Accountants (SAICA), sheds more light on this topic.