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Kulani Marks Mashele
12.1K posts
Kulani Marks Mashele
@KulanMash
Likes are for bookmark. I’m here on earth for an assignment.
Katılım Mayıs 2017
2K Takip Edilen1.1K Takipçiler
Kulani Marks Mashele retweetledi
Bernardo saw this post and decided to ask Pep the question everyone has in mind 😂😂
LERRY@_AsiwajuLerry
No video is beating this one 😭😭😂
English
Kulani Marks Mashele retweetledi
Les gars les marocains ont encore raté un penalty et ont perdu une finale à Rabat
😂😂😂😂😂😂😂😹😹🤣🤣🤣🤣🤣🤣😹😹😹😹🤣🤣🤣🤣😹😹😹😹😂😂😂😂😂😂😂😂😂
Français
Kulani Marks Mashele retweetledi
Kulani Marks Mashele retweetledi
This is bad
Business Explainer@businessXplain
AFRICAN BANK SCHEME EXPOSED South Africa’s African Bank faces mounting pressure after the Financial Services Tribunal backed the Prudential Authority over an “artificial” capital boost. The bank routed funds through a subsidiary in a circular transaction that returned money to itself, inflating its capital position. Regulators likened the move to fraudulent “kite-flying”. Kite-flying involves creating artificial balances by writing cheques between accounts at different banks, effectively obtaining unauthorised credit. The ruling deepens governance concerns following the exit of CEO Kennedy Bungane (pictured). With leadership changes under Thabo Dloti and interim CEO Zwelibanzi Manyathi, scrutiny intensifies, casting doubt over its planned Johannesburg Stock Exchange listing. African Bank responded - ln.run/vrdVU
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Kulani Marks Mashele retweetledi
Remember the Standard Bank story I posted last month?
550K views. Outrage. Silence. News cycle moves on. My money stays gone.
I stopped waiting for justice and built the infrastructure instead.
Meet Bank Watch SA bankwatchsa.web.app
👇
A F I K A@AfikaSoyamba
In 2009, I walked into @StandardBankZA at Boulders Midrand with a simple plan. Save R500 every month. No touching it. No thinking about it. Just discipline on autopilot. First year at SABC as a broadcast technician. First real income. First attempt at being financially responsible. So I did what any serious saver would do. I created a system where I could forget the money even existed. Opened the account at the branch. Back when deposit slips still had authority. To activate it, they told me to deposit cash at the ATM. Fair enough. I deposited the money into what I believed was my brand new savings account. Got my paperwork. Felt official. Felt grown. Then I automated everything. Monthly transfers from FNB. No emotions. Just consistency. Four or five months later, curiosity got the better of me. I went back to the same branch to check my progress. I expected pride. Maybe even a small internal speech about discipline. Instead, I got: “There’s no account under your name.” At first I thought they were joking. I said, “Kanjani? I opened it here. I’ve been depositing every month.” They checked again. “You only had a Mzansi account. It’s closed.” Now the story starts to feel like a prank. Because I had receipts. I had a memory. And I had money leaving my FNB account like clockwork. I tried to escalate it. Meetings were set. Or at least… supposed to be. One bank manager never showed up. On my way back from that meeting, the envelope with all my paperwork disappeared. Taxi ride. One moment it’s there. Next moment… gone. No evidence. No account. No money trail I could prove. Case closed. Not by resolution. By exhaustion
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Kulani Marks Mashele retweetledi
There’s a narrative in South Africa that CA(SA) CEOs kill companies.
At face value, I believed it too. I’ve seen businesses lose energy, stop investing, and drift into cost-cutting cycles.
Then I looked deeper.
When growth disappears, leadership shifts from expansion to protection. Boards stop asking “how do we grow?” and start asking “how do we survive?”
That’s when they bring in a Chartered Accountant (CA).
Not because CAs kill companies, but because they are trained to control risk, preserve capital, and manage downside.
So what looks like the CEO “destroying” the business is often the business already in decline.
The CA didn’t cause the stagnation.
The stagnation selected the CA.
You see this clearly in the media space.
Traditional broadcasters and publishers lost growth as audiences fragmented and advertising shifted. Instead of building new models fast enough, many moved into protection mode.
Budgets get cut.
Teams shrink.
Content risk reduces.
Innovation slows.
From the outside, it looks like leadership failure.
From the inside, it’s survival strategy.
The real problem is what happens next.
If a company stays in defensive mode too long, it loses its ability to create value. Cost-cutting becomes the strategy instead of a tool.
That’s when the soul disappears.
So the question isn’t:
“Are CA CEOs bad?”
It’s:
“Is this company being run to survive, or to grow?”
Because those are two very different playbooks.
English
…And someone else, who just prefers not to be mentioned.
Uncensored Opinion@_uncensored_Op
@SizweDhlomo By the way Porsche Paulshof branch is the biggest Porsche dealership in the world and it owned by some guy who owns Kyalami circuit (Toby Venter)
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Kulani Marks Mashele retweetledi
Kulani Marks Mashele retweetledi
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
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Kulani Marks Mashele retweetledi
Kulani Marks Mashele retweetledi
Kulani Marks Mashele retweetledi
Studying is a privilege, but working in the field you studied is another privilege.
English
Kulani Marks Mashele retweetledi
My name is Fezile Dhlamini. I am the founder of Green Scooter, SA's first black-owned EV manufacturer.
This thread documents 8 years of engagement with the @IDCSouthAfrica .
Everything I am about to share is supported by emails, letters, and official documents filed with Parliament and the Public Protector.
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Kulani Marks Mashele retweetledi
Kulani Marks Mashele retweetledi
Investec introducing the infinity fusion card!
Dexerto@Dexerto
A zebra has gone viral for its lack of stripes in Kruger National Park
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Kulani Marks Mashele retweetledi
Remember that time when the WHOLE Generations cast was fired?
@Mfundivundla tells us exactly how it went down... You can't script this. @947drivethando brings you all tea and yeyi kuningi!
@Thando_Thabethe | @Gen_legacy
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Kulani Marks Mashele retweetledi
“This is the Bernabéu. This is Real Madrid… when UCL music comes on they are taller and bigger than anybody else.”
@GuillemBalague on Real Madrid and the expectation that, even with injuries, they can beat Manchester City ⚪️
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Kulani Marks Mashele retweetledi
“You get judged on what you win, especially the Champions League. That’s what separates Real Madrid from other clubs.”
Thierry Henry explains the standard at Real Madrid 🏆
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Kulani Marks Mashele retweetledi
I’ve used LinkedIn from the hiring side so trust me on this.
If the company isn’t paying for premium, they can only see a fraction of applications. That Easy Apply you clicked on? Over 100 applicants. The company can only access less than 50 profiles cause it’s not paid.
Your CV didn’t get rejected. It was never seen. Apply on the company’s career page directly or reach out to the recruiter. Those are the ones that actually land.
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Kulani Marks Mashele retweetledi
Apparently, the secret to life is just having gratitude towards God all the time.
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