South Africa’s appeals court has ruled that auditor rotation is no longer mandatory, overturning a previous ruling by the country’s regulator, the Independent Regulatory Board for Auditors (IRBA).
Author: Staff Writer
The South African Revenue Service (SARS) has appointed three new Deputy Commissioners to strengthen its leadership team.The three new Deputy Commissioners are Nadine Taylor, Dr. Thabelo Malovhele, and Dr. Randall Carolissen.
Spar shares have plummeted by 15% following the company’s announcement of lower profits due to increased costs. Below are some key points to note:
The Absa Purchasing Managers’ Index (PMI) for May fell to 42.5 from 44.4 in April. A reading below 50 suggests a contraction in the sector, while a reading above 50 suggests expansion.
First National Bank (FNB), South Africa’s oldest bank, has introduced a new account for clients with side hustles as part of its strategy to refine customer segments.
Anglo American has made several changes to its senior management team and organisation as part of its “next phase of delivery.”