Understanding imprest
Monday, July 27, 2015
He has been given his tickets for his flight on Tuesday, and has been told that his hotel accommodation has been booked and paid for; his employer has given him the necessary paperwork confirming the hotel booking and payment. The additional expenses will be paid for from Freddie’s “Imprest Advance” that he has just received and signed for.
Freddie is a little unsure of the best way to manage his Imprest Advance and asked us for some tips.
Instead, it has sparked a storm of accusations, denials, and unresolved questions about the influence of De Beers on the nation’s politics. Former president Mokgweetsi Masisi’s claims that the diamond giants bankrolled his removal to dodge taxes – and that the new Umbrella for Democratic Change (UDC) government watered down a favourable diamond deal – are explosive matters. But without evidence, they risk becoming a toxic distraction from...