View the collection of Deloitte South Africa press releases....
| Are you aware of major changes to Customs Tariff on 1 January 2007? |
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20 June 2006 |
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Globalisation has resulted in significant increases in movement of goods around the world. The World Customs Organisation (WCO) is tasked with the implementation of a numerical coding system (called the Harmonised Commodity coding system) which effectively assigns a number to product groups which are moved around the world. The idea is that the numerical code you use on export of one country should be the same on import into the other country. The Harmonised System or commonly referred to as the Customs Tariff is used to determine the rate of duty paid on importation and whether import/export permits are... |
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| Managing High Impact Low Likelihood Risk |
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19 June 2006 |
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Many of the world’s largest companies have suffered tremendous losses in market value over the last ten years because they failed to anticipate the interaction of multiple risks. Most major losses resulted from a series of high impact, low likelihood events. In many cases, the consequences were so dire that the affected companies never recovered. |
| The Use of Non-Banking Institutions and Gatekeepers in Money Laundering |
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09 June 2006 |
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South African criminals appear to enjoy the wealth that they derive from crime and, instead of hiding this wealth, it is displayed in the purchase of vehicles and real estate. This is one of the findings of a study of major money laundering trends in South Africa in 2001-2002 carried out by the Centre for the Study of Economic Crime (CenSEC) at RAU University. The study also found that criminals abuse financial institutions by using insurance products to launder money, e.g. single premium policies are bought with the proceeds of crime or the proceeds are used to pay monthly premiums. Abuse also takes place through the purchase... |
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| Tax and the Tourism Industry |
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05 June 2006 |
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The increasing importance of the tourism industry to the South African economy is well known. A record 7.3 million international travellers visited South Africa in 2005 and with tourism recently having surpassed gold in foreign exchange earnings, it is now being dubbed South Africa’s new ‘gold’ rush. All indications are that this sector will enjoy consistent growth over the next few... |
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| Heartbeat wins social entrepreneur award |
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26 May 2006 |
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Deloitte, in collaboration with the Schwab Foundation, announces that Sunette Pienaar, founder and Chief Executive of Heartbeat, was selected as the “Social Entrepreneur 2006” at the opening ceremony of the World Economic Forum on Africa held in Cape Town on 31st May 2006.
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| Women and White Collar Crime |
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25 May 2006 |
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Over the past few decades, political, social, economic and technological changes have impacted the role of women at home and in the workplace. These changes have also caused an increase in certain types of criminal behaviour among women. As stated in an article by a researcher at the National White Collar Crime Centre, NW3C, in the USA a couple of years ago, nowhere are these trends more pronounced than in the arena of white collar criminality. White collar crime data for female offenders has been sourced so as to establish the extent and possible reasons for these trends. Speculation amongst journalists, business... |
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| Kofi Annan Appoints Deloitte Chairman To United Nations Body |
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04 May 2006 |
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Futhi Mtoba, Chairman of Deloitte, has been appointed to the Board of the United Nations Global Compact, the world’s largest voluntary corporate citizenship initiative. Launched in 2000, the UN Global Compact brings business together with UN agencies, labour, civil society and governments to advance universal principles in the areas of human rights, labour standards, the environment and anti-corruption. More than 2500 companies in over 90 countries participate in the Global Compact.
Mtoba is one of a select group of 20 business, labour and civil society leaders from around the world who have been... |
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| Eat your own lunch first |
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07 April 2006 |
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A small innovation practice within Deloitte Consulting in SA aims to help its clients generate more than US$500 m in new revenue by 2010. Now the global firm is falling over itself to enlist its services. Why? Because Deloitte believes its the key to a new billion dollar revenue stream. |
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| Investor confidence in the private equity market still buoyant |
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27 March 2006 |
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The private equity market continues to be buoyant year on year with positive sentiment in the market while returns expected to continue to outperform those in other traditional asset classes. This is according to the latest Deloitte’s South African Private Equity Confidence Survey released every second quarter.
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| Deloitte's securitisation practice sweeps top honours |
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09 March 2006 |
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Deloitte announces that its member firms have been acknowledged as the world’s best for securitisation accounting by International Securitisation Report (ISR), a securitisation trade publication based in London. ISR announced the winners at its recent annual awards ceremony held at the Dorchester Hotel in London. It is the eighth consecutive year since the award’s inception that... |
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