Heynes Kotze, Head of Legal, Chartered Institute for Business Accountants (CIBA) Heynes Kotze, Head of Legal, Chartered Institute for Business Accountants (CIBA)

Could the State Force Your Client's Crypto Sale?

Your client gets paid in crypto by an overseas customer. This week he asked whether the State can force him to sell it. For the first time, crypto is being pulled into South Africa's exchange-control net, with powers to compel a sale, restrict exports, and search without a warrant. CIBA has filed its response: yes to the goal, no to the design. Here is what the draft really does, what's overstated, and the opening it creates for accountants.

Read More
Leana van der Merwe, Technical Manager, Chartered Institute for Business Accountants (CIBA) Leana van der Merwe, Technical Manager, Chartered Institute for Business Accountants (CIBA)

Struggling Clients, Missed Fees? Turnaround Strategy Is Your New Revenue Stream

Many SMEs in South Africa are operating on the edge, facing persistent cash flow challenges, mounting debts, and uncertain futures. For Business Accountants in Practice, this presents a critical opportunity to shift from reactive compliance work to proactive turnaround advisory. By identifying early warning signs, stabilising cash flow, diagnosing root problems, and implementing practical recovery plans, accountants can not only help save their clients' businesses but also establish a valuable new revenue stream within their own practices. This article outlines a clear, structured approach to delivering turnaround services that are both effective and billable.

Read More