AI’s promise in Africa and the need to make AI work...
Just as Generative Artificial Intelligence transforms customer experiences and revenue streams, it significantly impacts workforce strategies and employees. According to Slack research, executive urgency to integrate Artificial Intelligence (AI) tools into business operations has grown sevenfold over the past six months.
Trust tax compliance – avoiding SARS penalties
After years of threatening non-compliant trusts with penalties for late tax return submissions, South African Revenue Service's (SARS) leniency seems to be ending.
Inclusive credit scoring – energising underserved communities
The rapidly developing financial landscape in South Africa is driving greater financial inclusion through innovative consumer credit approaches. At its core, this mission integrates alternative data, technological advancements, and a balanced strategy for innovation and risk management.
Administrative penalties – unveiling the determination process
ZAR 475 million, ZAR 210 million, and ZAR 59 million are not lottery jackpots. Instead, these represent the significant administrative penalties imposed recently. During 2024, the Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA)(together, the Regulators) imposed these penalties on various entities.
Communal property associations reform
Communal property associations reform aims to address longstanding governance challenges and enhance the effective management of community-owned land. The Restitution of Land Rights Act 22 of 1994 allowed individuals and communities to claim rights to dispossessed land. This dispossession occurred due to past racially discriminatory laws or practices.
Employment equity compliance – navigating legal obligations
Employment equity compliance is a crucial aspect of fostering diversity and inclusion, ensuring businesses adhere to regulatory requirements while promoting equal opportunities. In today’s competitive business landscape, fostering a diverse and inclusive workforce is a strategic advantage. It isn’t just a regulatory requirement.
R2.5 billion funding platform unleashes 850MW of clean energy
Nedbank CIB structures bespoke solution for 100% black-owned power producer. A R2.5 billion funding platform solution will allow one of South Africa’s largest 100% black-owned independent power producers (IPPs) to deliver 1.1 GW of clean energy.
If I Can U Can
This book is written for those aspiring entrepreneurs who ‘started at a minus’ but are hungry to make their mark on the world. Its message is clear: with the right mindset, anyone can tackle the challenges they are presented with and be successful. The truth is, those tough moments teach us the most, and the lessons learned are what shape our future.
Climate Change Act – a crucial catalyst for action
Frequent and intense weather events and devastating effects of climate change are being experienced all over the world. According to the United Nations Development Programme (UNDP), over the past 50 years, extreme weather events have caused two million deaths and cost USD4 trillion in economic losses.
Counterfeit crime sentencing – the dilemma of leniency
We see it weekly in the news. Headlines like “South African National Anti-Counterfeit Task Force seizes counterfeit goods worth R100 million, suspects arrested” capture attention. However, what happens to these suspects after their arrests and charges?