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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Financial Disclosure

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South Africa

S.A President Ramaphosa Reaffirms Ethical Commitment Amid VBS Bank Loan Allegations

S. A president Cyril Ramaphosa has reaffirmed his commitment to upholding ethical conduct in the executive following allegations about a VBS Mutual Bank loan involving Justice minister Thembi Simelane. He highlighted that all members are required to disclose their financial interests annually to ensure transparency and prevent conflicts of interest. Addressing oral questions in the National Assembly, Ramaphosa stated he is carefully considering the findings:  

todayOctober 18, 2024 17

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World

Global regulator pushes for financial reports to include climate risk

The International Accounting Standards Board (IASB) has called for companies to include climate-related risks in their balance sheets and income statements, marking a significant departure from current practices. Bloomberg Africa reports that the IASB, which sets accounting standards for over 160 countries, announced a market consultation to ensure financial statements reflect the impact and uncertainties associated with climate change. In 2023, the IASB introduced IFRS S1, which outlines general requirements […]

todayAugust 1, 2024 19

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