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UCT Masters students get a dose of International Tax expertise
07 March, 2019

The 2019 Masters in International Taxation kicked off in style with Professor Pasquale Pistone and Professor Andrade from the International Bureau of Fiscal Documentation (IBFD) giving the first few days of course input. Part of this input was a highly successful public seminar held on Wednesday 13 February 2019 held in two sessions, each followed by a panel discussion chaired by Emeritus Professor Jennifer Roeleveld. The first session, Dispute resolution in international tax matters (map and arbitration) included presentations by Professor Pistone (global perspective) and Associate Professor Johann Hattingh (SA perspective). The second session, The Digital Economy revisited - Where do we currently stand? included presentations by Professor Betty Andrade (global perspective) and Associate Professor Craig West (African perspective).

The seminar included the presentation of the annual IBFD/UCT Prize in International Tax, awarded to Ashley Olivier for his master’s dissertation (LLM) on An analysis of options for reform of South Africa’s unilateral income tax exemption of foreign pensions, with an emphasis on the cross-border interaction with pensions derived from the United Kingdom and Germany.

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Monday mornings is when investors sell losses
27 February, 2019

Stock market investors are more likely to sell losses on Monday mornings, according to research published on the 23rd February 2019.

Overall, investors are reluctant to sell losses because of the anguish felt when a paper loss is crystallised into a real loss. However, this did not occur first thing on Monday morning when the market opened.

The research is important because it suggests that investor susceptibility to bias is reduced when people have time to think through investment decisions. For investors, they are using the weekend and then Monday morning to put right the bad investment decision.

RMIT researcher Dr Daniel Richards, a Lecturer in Wealth Management in the School of Accounting, and Dr Gizelle Willows, an Associate Professor at the University of Cape Town investigated the days of the week and the time of day that investor’s trade.

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SA’s first ‘LinkedIn for creatives’
01 February, 2019

outh Africa’s multi-billion-rand creative industry is about to receive a major shake-up with the launch of Untapped Culture, the country’s first “LinkedIn for creatives” – an online platform that connects a network of industry professionals, and builds credibility in return.

Founded by three University of Cape Town (UCT) Commerce students, Dean Adams, Darshil Ramchander and Sabir Buxsoo, Untapped Culture is an online platform that gives creative professionals a way to share their work with a vast audience.

Since a portfolio of work is essential for anyone in the creative industry, including models, photographers and fashion designers, Untapped Culture is the perfect resource, said Adams.

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