MrsB

7.6K posts

MrsB

MrsB

@Tremzable

South Africa Katılım Kasım 2014
733 Takip Edilen445 Takipçiler
MrsB
MrsB@Tremzable·
@kwenza_b Oh yeah. They need a technical expert at that exco level
English
0
0
1
13
Kwenza B
Kwenza B@kwenza_b·
Hence Nampak is shrinking instead of growing
MrsB@Tremzable

@SizweLo @Vhoyde I saw this reviewing Nampak' Financial report. The CEOs and the board were either Bankers or CA (SA)

English
1
5
5
155
MrsB
MrsB@Tremzable·
@SizweLo @Vhoyde Absolutely and selling off businesses , closing down divisions. All for the books
English
0
0
0
26
MrsB
MrsB@Tremzable·
@SizweLo @Vhoyde I saw this reviewing Nampak' Financial report. The CEOs and the board were either Bankers or CA (SA)
English
3
2
8
633
MrsB retweetledi
Sizwe SikaMusi
Sizwe SikaMusi@SizweLo·
Serious industrial nations don’t take accountants as seriously as South Africa does. In industrialising nations, like Vietnam and surrounding states, for instance, the most prestigious roles are found in engineering or industrial management because the economy is physically building things. Meanwhile, in South Africa, SAICA’s CA(SA) is viewed as the ultimate golden ticket. But it’s not only in developing/industrialising nations where accountants take a back seat. In the US, Germany and Japan, CEOs are generally product people or engineers, while in South Africa, a massive percentage of JSE-listed CEOs are chartered accountants. The reason for this is that the South African economy has been deindustrialising for decades, so the existing companies don’t grow by inventing new things or expanding production. They “grow” through the financial engineering of mergers, acquisitions, cost-cutting, and “tax optimisation”. The consequence of this is that if you compare SA to an employment-dense industrialiser like Vietnam, you find that the latter focuses on vocational excellence. Over there, an accountant is just a back-office functionary who supports the factory. The hero is the plant manager who meets a production quota. But South Africa, to its detriment, is obsessed with compliance excellence. The factory, if it even exists, is a “risk” to be managed, and the chartered accountant is the high-priest who tells the board if that risk is acceptable. By taking accountants this seriously, South Africa has perfected the art of measuring value, but has neglected the art of creating real tangible value. The worship and adoration of the CA(SA) is a symptom of a services-led economy that has skipped the labour-intensive industrialisation phase, and this is primarily why the unemployment epidemic cannot be resolved.
djsbu@djsbu

The first Black Chartered Accountant at the University of Fort Hare, Professor Wiseman Nkuhlu, inspired many students, including the speaker, to enter the profession. His presence broke barriers and opened doors for future CAs. Dr Sizwe Nxasana with @lavidanota

English
37
196
507
37.9K
Thabang Khoza
Thabang Khoza@ThabanqKhoza·
She bought Manchester City jersey instead of Manchester United because she thinks it's the same team. It's the thought that counts 🙌🏽
English
132
102
796
58.7K
BabereCity
BabereCity@BabereCity·
😢My husband has been dating every maid we employ,what can I do to stop this please cause I have just fired our 13th maid💔😭
English
976
184
1K
82K
MrsB retweetledi
Mxolisi G. Buthelezi 🇿🇦
Mxolisi G. Buthelezi 🇿🇦@MxolisButhelezi·
@SizweLo A disastrous economy… led by financial services instead of manufacturing and innovation. Who’s money are they supposed to count?
Mxolisi G. Buthelezi 🇿🇦 tweet media
English
3
7
37
1.4K
Newzroom Afrika
Newzroom Afrika@Newzroom405·
[WATCH] “...What you get for free from nature, you now package to sell to us." President Cyril Ramaphosa says the Lesotho Highlands Water Project will now be managed by a new national agency.
English
68
102
516
69.6K
MrsB retweetledi
Emerald van Zyl
Emerald van Zyl@interrec·
R2 MILLION REFUNDED!!! STANDARD BANK refunded client the R 2m fraudulently withdrawn from her account. However, she had to sign a confidentiality agreement not to make this public. My question to this devious bank is:- What about the thousands other clients ?
English
40
1.1K
3.6K
79.1K
China in English
China in English@En_chinaNews·
🇪🇨 A girl was filmed playing on her mother’s grave in a cemetery in Ecuador.
English
303
2.3K
31.3K
948.1K
MrsB
MrsB@Tremzable·
@TimesLIVE Lol based off a tweet where someone sais Prof reminds them of Phakeng
English
0
0
0
19
Times LIVE
Times LIVE@TimesLIVE·
Former University of Cape Town (UCT) vice-chancellor Dr Mamokgethi Phakeng has distanced herself from the controversial legal battle between retired professor Anele Mngadi Hammond and Standard Bank. timeslive.co.za/news/south-afr…
Times LIVE tweet media
English
55
11
112
36.8K
Malume
Malume@bozzie_t·
Sputla has practically vanished from the public square ever since Ramaphosa broke ranks with him over the push to privatise transmission assets. It’s the same old pattern under Ankole: when the fight is between public mandate and private capital, private capital walks away with the trophy.
Malume tweet media
English
39
358
1K
66.1K
MrsB retweetledi
Certified Dyan™
Certified Dyan™@IndodaEqotho·
Manners. Etiquette. Sense of occasion. As a guest, these are non-negotiable.
English
0
49
124
3.6K