D&A solutions: Tax Intelligence Solution

Background Businesses are generating increasing volumes of transactional and financial data, but is this data fit for the purposes of the modern tax department? Does it allow them to proactively manage tax, risk and compliance, and how do they unlock the value that may be hidden in the data? In the drive for cost reduction […]

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‘Soda tax’ could help stem the rise of diabetes and save SA billions

Research by the University of the Witwatersrand (Wits) has shown that the rise in diabetes in South Africa could be stemmed by the government’s proposed tax on sugar-sweetened beverages. About 2.3 million South Africans are currently living with diabetes and according to StatsSA, it is the third underlying cause of natural deaths in South Africa. […]

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Banking for the data-driven generation

Pierre Fourie, KPMG Director: Financial Services Audit. With data becoming the currency of the digital world, banks are increasingly looking at new ways to harness the information they have, to provide customers across the consumer and business segments with solutions that are best suited to their needs.  The banking environment is changing, with the Big […]

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Forensic Corporate Failures

Over years of performing investigation at businesses that have failed, we found that significant neglect or ignoring of the business’s risk distribution and non-adherence to controls facilitated the causes of such failures. Fraud, theft and the like were part and parcel of the failures, or the latter in combination with other reasons. We found human […]

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African Utility Week Interview: Ahmed Jaffer, Head of Power and Utilities at KPMG SA

Exclusive interview with Ahmed Jaffer, Chairman of KPMG in South Africa and Head of Power and Utilities. He explains more about the KPMG IPP Conference taking place on 18 May during the upcoming African Utility Week at the CTICC. Can we start with some background on your role at KPMG? I am the head of […]

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Conduct risk and the changing global regulatory landscape

Regulators have historically sought to enhance a customer’s understanding of the products they purchase, imposing prescriptive requirements for disclosure, as well as setting professional standards for sales advisers. Visit our Market Conduct webpage The goal is to rebalance the ‘information asymmetry’ – however issues have continued to arise. A new regulatory mantra has emerged: ‘conduct […]

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Cartel conduct criminalised as from 1 May 2016

Competition law compliance has now become more important than ever before in the context of the criminalisation of cartel conduct as from 1 May 2016. Economic Development Minister, Ebrahim Patel, warned earlier this year that the Competition Authorities will be given stronger powers to deal with cartels. The Government Gazette which criminalises cartel conduct was published […]

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VAT on Insurance Seminar

Preparing for the new status quo Becoming compliant with the new Binding General Rulings (BGRs). Recent BGRs issued brought about major changes for short-term insurers and will impact on the VAT treatment; document retention; IT systems handling of claims and the underwriting process in the industry. The question management should be asking is,“Do I fully […]

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