African Accountants Counseled
Posted by Accountancy Africa on Aug 30, 2011 | 1 Comment
THe director for sub Saharan African Association of Chartered Certified Accountants (ACCA) Jamil Ampomah, urged finance professionals and business leaders to find ways to maximise the value of their enterprises in view of the competitive and challenging global economy.
He said business models were becoming more complex while the economic climate remained competitive and challenging hence the need for finance...
South Africa: The CSA’ s Financial Audit Have Revealed Inbalances
Posted by Accountancy Africa on Aug 01, 2011 | Leave a Comment
The outcome of the long-awaited investigation into Cricket South Africa’s (CSA) financial affairs was revealed on Saturday.
The federation said in a statement last Friday 29th July 2011 that only one matter would be on the agenda of the special board meeting in Johannesburg.
The CSA body said “The following items are on the agenda: approval of the annual financial statements of CSA,”
The board was designed...
Ghana Adopts New Accounting Standards
Posted by Accountancy Africa on Jul 26, 2011 | Leave a Comment
Ghana has decided to adopt a new accounting system that will bring its Public Sector to same international standards with other African Countries.
Adopting the International Public Sector Accounting Standards (IPSAS) for public sector accounting is imperative, especially following recent revelations of alleged embezzlement of Public funds at committee sittings coupled with Ghana’s fast integration into the international...
Financial reforms outside ICT will fail
Posted by Accountancy Africa on Apr 14, 2011 | Leave a Comment
From Vanguard Nigeria
As the Central Bank of Nigeria, CBN, embark on series of reforms in the financial sector, an expert in the ICT sector of the economy, Mr Collins Onuegbu has advised that bulk of the reforms ride on the ICT programmes and applications to stand the test of time. Onuegbu who is the CEO of Signal Alliance, an end-to-end IT company with core competencies in systems integration and software apps, said...
Pegasus Accountancy Software Opera II
Posted by Accountancy Africa on Feb 06, 2011 | Leave a Comment
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By Carolyn Clayton
With advancing technology of computers and the internet more and more people self employed and setting up businesses from home. If your business is lucky enough to be growing rapidly you may have trouble keeping a track of all your finances.
The best way forward would be to look at buying some accounting software. This will make managing your accounts and finances a lot easier and will save...
Kenya CompuLynx now ISO certified
Posted by Accountancy Africa on Feb 06, 2011 | Leave a Comment
From Capital Business -
NAIROBI, Kenya, Feb 5 – CompuLynx, a leading local Integrated Information Technology solutions provider has joined the highly acclaimed International Standards Organisation (ISO) quality management systems certified firms in Kenya.
Following a rigorous quality management systems audit undertaken by Bureau Veritas, CompuLynx has been formally certified as an ISO 9001:2008 certified company.
Developed...
Utiba wins “Best Technology Provider” Award at the Mobile Money Africa Awards 2011
Posted by Accountancy Africa on Jan 29, 2011 | Leave a Comment
From India Infoline -
The conference discussed how changes in technology, regulation and existing infrastructure have vastly increased the reach of mobile remittance services in Africa.
Utiba, a leading global supplier of mobile financial transaction platforms for mobile operators and financial institutions, is pleased to announce that it has received the “Best Technology Provider” award at the Mobile Remittance,...
EAC to Build Single Trade Information System
Posted by Accountancy Africa on Nov 05, 2010 | Leave a Comment
By Dorothy Nakaweesi, The Monitor East Africa -
East Africa has teamed up with the United States International Agency for Development (Usaid) to set up a single trade information system to improve the quality of trade statistics.
In an interview with Daily Monitor on Monday, Mr Richard Owora Othieno, the East Africa Business Council communications officer, said: “We have developed a framework that is aimed at...
How to build global technology companies from Africa
Posted by Accountancy Africa on Aug 16, 2010 | Leave a Comment
From memeburn
During a relaxed and informal panel discussion at the Tech4Africa conference in Johannesburg entitled “Building for the Global Market. Lessons and learnings from the coalface”, Leila Janah of Samasource, Sheraan Amod of Personera and Malcolm Hall of Open Box Software spoke about the challenges of building tech companies while being based in Africa. The discussion was facilitated by Toby Shapshak of Stuff...
MTN, Intel to push broadband in Africa
Posted by Accountancy Africa on Aug 05, 2010 | Leave a Comment
Southafrica.info -
South Africa’s MTN Group has signed a memorandum of understanding with the USA’s Intel Corporation which will see the two companies collaborating to accelerate the deployment of broadband access in Africa and the Middle East.
The collaboration covers a wide spectrum of initiatives, including areas such as broadband access through pushing WiMax deployment, offering affordable PC bundles...
Review On Business Accounting Software By Sage And Microsoft
Posted by Accountancy Africa on Jun 06, 2010 | Leave a Comment
by jar.
Accounting is one of the most vital processes in any business. To say the least, it is even more important than manufacturing goods and selling them. Flow of revenues and expenditures ultimately decides the fate of a business as does its proper management. The requirements of every business may vary, but the general requirements of a business like collection, classification and analysis of financial data...
Deepak Chandnani Appointed President Of Obopay Inc
Posted by Accountancy Africa on May 27, 2010 | Leave a Comment
By Nikhil Pahwa, Medianama
Deepak Chandnani has been appointed President of Obopay, Inc, a global mobile payments service provider. Chandnani will lead Obopay’s global operations from its corporate office in Mumbai, and reported to Obopay founder and CEO Carol Realini, who will be based out of Obopay’s Corporate Office in Redwood City, CA
Chandnani had joined Obopay in November of 2008 with responsibility for...
Fixed line telecom firms set to reap from roll-out of fibre cables
Posted by Accountancy Africa on May 26, 2010 | 1 Comment
Telkom Kenya CEO, Mr Mickael Ghossein, holds a Blackberry Bold phone. Fibre optic cables will reduce cost and increase the bandwidth of Internet services.
By Okuttah Mark, Business Daily
Fixed line telecommunication companies in sub-Saharan Africa are set to reap from the roll-out of fibre optic cables, say analysts Frost & Sullivan.
Sub-Saharan Africa has the lowest fixed-line penetration rate in the world,...
AFRICA: Plugging the technology gap with help from India
Posted by Accountancy Africa on May 24, 2010 | Leave a Comment
Photo: LCD International
Harnessing the power of technology
DAR-ES-SALAAM, 14 May 2010 (IRIN) – Investment in information technology can help Africa to improve governance, overcome poverty and deal with critical infrastructure gaps, taking India as an example, the co-chair of the World Economic Forum on Africa 2010 (WEF) said.
“There is no need to reinvent the wheel,” Ajai Chowdhry, also chairman...
In Africa, banking by phone catches on
Posted by Accountancy Africa on May 21, 2010 | Leave a Comment
By GEOFFREY YORK, Toronto Globe and Mail
SOWETO, South Africa – A year ago, Tsepho Ronald was a part-time carpenter in Soweto, watching his jobless friends getting into trouble with the law. He saw jail looming for himself if he didn’t find a better life.
So he decided to become a “Wizzkid” — one of about 4,500 unemployed young people across South Africa who have been trained as sales...
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