Millions of websites – including Sky News, The Associated Press and Buzzfeed – will now be able to block artificial intelligence (AI) bots from accessing their content without permission. The…
Donald Trump has said the US government has found a buyer for TikTok that he will reveal “in about two weeks”. The president told Fox News “it’s a group of…
Jurors in the trial of Sean “Diddy” Combs have reached a verdict on four of the five counts against him – but the hip-hop mogul will have to wait to…
By Tonderai Washington Mabambe THE issuance of IFRS 18 – Presentation and Disclosure in Financial Statements by the International Accounting Standards Board (IASB) marks a significant and forward-looking development in international financial reporting.This new standard, which replaces the long-standing IAS 1 Presentation of Financial Statements, is designed to enhance the transparency, consistency, and comparability of…
FOREIGN exchange differences are a frequent source of tax adjustments during audits, particularly where taxpayers fail to align accounting treatment with tax rules. The volatility of Zimbabwe’s multicurrency framework requires careful treatment of foreign currency movements to mitigate exposure to audit adjustments and penalties.In terms of the Income Tax Act (ITA), foreign exchange gains form…
Issues at an electrical substation which caused a fire that resulted in Heathrow Airport closing were first detected seven years ago but not fixed, a report has found. The investigation…
South Africa may need to revise its proposed Framework Deal with the United States, which advocates for key tariff exemptions on exports such as vehicles, steel, and aluminium, following US…
The past month reminded us that global markets are rarely calm for long. President Donald Trump’s repeated attacks on the US Federal Reserve have reignited debate over interest rates, as…
Qantas is contacting customers after a cyber attack targeted their third-party customer service platform. On 30 June, the Australian airline detected “unusual activity” on a platform used by its contact…
Rather than considering a narrower inflation target for South Africa, greater emphasis should be placed on maintaining an acceptable gap between real interest rates and inflation, one that encourages economic…
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