PwC | News | Page 2

An overview of PwC news in South Africa:

Competition and digitalisation are driving hospitality prices down in South Africa The rise of online travel sites in South Africa might be a boon for tourists, but it is hindering revenue growth for the hospitality sector, according to a new report from Big Four accounting and adv
15 July 2019
Pay levels for South African employees have reached a historical low New analysis on employee remuneration in South Africa by Big Four accounting and advisory firm PwC has revealed that overall pay levels in the country have dropped to their lowest point since records
05 July 2019
PwC elaborates on the importance of Youth Month in South Africa today In the midst of a sea of Youth Month initiatives, global professional services firm PwC has indicated that cultivating young talent in South Africa is more crucial than ever in the contemporary scena
25 June 2019
Shirley Machaba becomes the first female CEO of PwC Southern Africa As former PwC Southern Africa CEO Dion Shango moves on to his role as Chairman of the Big Four accounting and advisory firm’s Africa practice, Shirley Machaba is set to become the first female CEO of
28 May 2019
Analysis of how major banks in South Africa have performed last year Following reports that the South African financial services firms ended last year with modest growth, new analysis from global professional services firm PwC has reported that the major banks in the
27 May 2019
Inflation rates in South Africa appear to be balanced and under control A low level of inflation in the price of food is keeping overall inflation in South Africa at manageable levels by South African Reserve Bank (SARB) standards, according to senior economists at PwC S
24 May 2019
Former PwC Tax Specialist joins Eversheds Sutherland as Head of Tax Carmen Moss-Holdstock, a former Tax Specialist at global professional services firm PwC, will now be engaged in the rapidly transforming tax environment in South Africa, in her new role as a Partner
20 May 2019
Digitalisation has gradually permeated South Africa's insurance sector While the insurance sector has been amongst those most severely impacted by digitalisation across the globe, the sector has now emerged among the frontrunners when it comes to adapting to new technol
10 May 2019
Anglo American replaces Deloitte with PwC as external auditor after 20 years London and Johannesburg based mining and exploration firm Anglo American has terminated its two-decade long relationship with Big Four accounting and advisory firm Deloitte, which has been its audito
07 May 2019
Growth in employee compensation appears to be slowing in South Africa New analysis from global professional services firm PwC has indicated that nothing extravagant can be expected in terms of salary increases across the South African market over the next year.
01 May 2019
Smartphones are the device of choice for ecommerce in South Africa As the online retail market continues to expand in South Africa, customers are reporting that smartphones are their devices of choice when shopping online, more so that PCs and tablets.
08 April 2019
South Africa's major banks registered modest growth and diversification last year Global professional services firm PwC has released its latest analysis of the forum Major Banks in South Africa – Absa, FirstRand, Nedbank and Standard Bank – and has found them amid stable growth an
26 March 2019
PwC finds fraudulent accounts of more than $7 billion at Steinhoff Having been appointed in December 2017 to conduct a review of Steinhoff International’s finances, Big Four accounting and advisory firm PwC has released some of the discoveries from its investigation
20 March 2019
PwC called upon to identify specific issues in Tongaat Hulett's finances Following a sudden financial decline that saw its value drop to its lowest level for more than two decades, South African agriculture and agri-business firm Tongaat Hulett has appointed global profes
15 March 2019
Poor economic conditions might dent South Africa's investment profile Despite the words of promise delivered by Finance Minister Tito Mboweni in this year’s budget speech, South Africa’s profile as a destination for investment is likely to deteriorate on the back of pu
12 March 2019
Social and environmental considerations are a new priority for private equity firms The private equity sector across the globe is among those growing at a rapid rate, but just how responsible are the practices in the sector when it comes to environmental sustainability? PwC argues t
11 March 2019
Increasing productivity is the way to go for financial services firms As the financial services sector in South Africa looks to sketch a path to recovery following a period of sustained struggle, global professional services firm PwC has revealed that a focus on increa
25 February 2019
Boards in South Africa must have more representation from younger generations Contributing to a current debate on executive remuneration and board structures across South Africa, global professional services firm PwC has released a new report that reveals that most boards in S
11 February 2019
South African interest rates to remain steady, forecasts Strategy& According to global management consulting firm Strategy&, interest rates in South Africa are unlikely to increase over the coming months, in line with analyst expectations.
21 January 2019
PwC Partner argues against evidence of profit-sharing tactics in South Africa New research has revealed that the shifting of revenues from South Africa to tax havens is causing an 80% dent in overall revenue flow in the market, leading to widespread public outcry.
16 January 2019
PwC South Africa CEO elevated to chief executive of entire Africa practice Dion Shango, who has been Chief Executive Officer at PwC Southern Africa since 2015, has now been elevated to the position of Chief Executive for PwC’s entire Africa operations.
20 December 2018
PwC announces this year's winners for Building Public Trust Awards Global professional services firm PwC has held the 2018 edition of its Building Public Trust Awards, and the overall award for ‘tax reporting for multinational companies has gone to AngloGold Ashanti
14 December 2018
PwC presents arguments for and against a hike in interest rates As the senior officials in South Africa debate whether to increase interest rates to match inflation rates, global professional services firm PwC identifies a number of factors that tilt the outcome
12 December 2018
Black Friday marketing initiatives are extending holiday shopping periods As South African consumers prolong their propensity to spend in and around Black Friday, and retailers prolong their targeted efforts to capitalise on this tendency, Black Friday appears to be result
29 November 2018
Foreign investment could add billions in revenue to South Africa's GDP Having analysed the new policies under Cyril Ramaphosa and their potential economic impact, economists at global professional services firm PwC have estimated that the new investments that South Afri
20 November 2018
Gold and Platinum continue to struggle against dipping prices in South Africa Global professional services firm PwC has released its latest analysis of the mining sector in South Africa, which reveals an overall increase in revenues for the sector.
15 October 2018
PwC, Frost & Sullivan and IBM to attend health summit in Johannesburg The list of attendees has been announced for the Healthcare Innovation Summit Africa 2018 that is expected to take place in mid-October this year in Johannesburg.
04 October 2018
Omega Digital and Crestron support PwC with new SA head office Global professional services firm PwC has established a 26-storey headquarters in South Africa, the technological infrastructure for which has been installed by IT consulting firm Omega Digital.
27 September 2018
South African SMEs have come to embrace the blockchain revolution As global expenditure on blockchain implementation is set to surpass the $2 billion mark this year, PwC South Africa’s Fintech and Blockchain Lead Paul Mitchell has revealed that South African startu
20 September 2018
Cape Town is PwC's City of Opportunity for Africa Global professional services firm PwC has released its ‘City of Opportunity’ index for Africa, and the South African city of Cape Town has emerged on top ahead of metropolitans across the continent.
17 September 2018
Say-on-pay model of executive benchmarking gaining support in South Africa As organisational priorities shift in accordance with overall market trends, an increasing body of research is suggesting a shift in the evaluation metrics of senior executives.
06 August 2018
BRICS membership drives growth for South Africa's tourism industry As the leaders of Brzil, Russia, India, China and South Africa (BRICS) converge for the 10th annual BRICS summit in Johannesburg, PwC’s consulting arm Strategy& has found that the direct, indirect an
30 July 2018

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