Dave Rich | BCom CA (SA)

Managing Director of MD Streets Accountants (Pty) Ltd
(effective 01 January 2026)

Partner of MD Accountants & Auditors Inc.
(28 years in Partnership with Alexis Sacks | October 2025)

After matriculating from Rondebosch Boys High School in 1981, Dave read for a BCom at the University of Cape Town where he graduated with distinction in financial management in 1985.

Dave continued his studies towards his CTA, during which time he was employed by the University as a part-time lecturer.

He articled with the Cape Town firm BDO Spencer Steward and passed his qualifying exams on his first attempt in 1987. On completion of his articles, he was admitted as a Chartered Accountant (SA) in 1989.

Dave then gained further experience through a secondment to the London firm of BDO Binder Hamlyn. On his return to South Africa, he worked for the Cape Town office of the South African Revenue Service (SARS).

Subsequently, Dave was the Financial Manager for Spar Western Cape, during which period he began consulting to various retailers. In 1997 he decided to concentrate on the provision of consulting services to small and medium entrepreneurs and thus accepted a Directorship with MD Accountants & Auditors Inc.

This experience ideally equipped Dave with his core focus of consulting in tax issues, business advisory, and general consulting services.

He has also served on Audit Committees of Medical Aid societies, provided expert witness testimony in commercial cases, and written various articles on his specialised focus of profit maximisation in the voluntary trade/franchise sector.

Dave Rich has recently become involved in the Business Turnaround Process as a Business Rescue Practitioner. Currently, such appointment is granted on an interim basis by the Companies and Intellectual Property Commission (“CIPC”) and only relates to a specific client. Final licenses can only be granted after the CIPC has concluded their licensing procedures but in the interim financially distressed businesses may appoint Dave Rich to be their Business Rescue Practitioner.

Dave identified the strategic importance of a commitment to Broad-Based Black Economic Empowerment early on in the partnership. The practice has thus always endeavoured to align its activities and policies to these principles. Dave provides consultative services on empowerment and has written two articles, published in several magazines on SMMEs and B-BBEE.

On 01 January 2026, MD Accountants & Auditors Inc. merged with Streets Chartered Accountants, a Top 40 UK accountancy and advisory firm. The combined practice now operates under the names of MD Streets Accountants (Pty) Ltd, and MD Streets Auditors Inc.

MD Streets Accountants

Dave Rich | Joint Managing Director with Alexis Sacks