IAS 17 – what it means for lessees
International Accounting Standard (IAS) 17 relates to leases and governs the way that they are accounted for in the financial statements of lessees and lessors. As many in the accounting and finance industries will know, IAS 17 is in the process of being updated.
De Beers chooses RentWorks again
De Beers, the world’s leading mining company, in operation since 1888, has awarded a second tender to RentWorks Africa, an asset rental company. The agreement follows on a successful relationship between the two companies over the past three and a half years.
RentWorks reaches first R1billion in non-IT assets
RentWorks Africa has reached a new milestone in its history with a rental book of more than R1billion of non-IT assets. The company has traditionally focused on financing IT assets, since it was first founded in 1998, but in 2007 took the decision to diversify its asset classes.
RentWorks Training Weekend
From 8 to 10 February 2013, RentWorks Africa hosted a MTB training weekend in Hazyview, Mpumalanga. With some of the country’s top riders, Max Knox, Ben-Melt Swannepoel and Yolandi du Toit, onboard as technical advisors, the training camp was the ideal opportunity to pick up some expert tips and tricks.
Rent smart: know your end-of-term options
Much has been written about the benefits of IT rental as compared to cash purchase, from optimising cash-flow to keeping financials liquid and fixing equipment costs. On the other hand, not enough has been said about what happens at the end of the rental term.
Short-term IT rental on the Rise
In the digital age, every industry has been affected by technology development and access to the internet, from agriculture to the arts, and everything in between. The conference and events industry is no different.
RentWorks Africa Launches New, User-Centric Website
RentWorks has launched our new website (www.rentworks.co.za). We decided to freshen up the site, make it easier to navigate and ensure that you can find everything you need as quickly as possible.
IT rental and a case for asset intelligence
As someone who has spent years looking at the way companies manage their IT needs, I can promise you that financially, IT rental is a no brainer. In terms of accessing, maintaining and disposing of actual technology and equipment, IT rental is also a no brainer.
Rethinking Corporate Social Investment in the Education Sector
Corporate Social Investment (CSI) has an important role to play in South Africa in terms of bringing about meaningful transformation and addressing the country’s pressing social needs.
Sustainable ICT Solutions for the SA Education Sector
It’s generally accepted that education is key to South Africa’s long-term success and that in this information age, the ability to engage with ICT is critical to functioning in the work environment.