Tag: accountability

Just days after Mpho Phalaatse was removed as Johannesburg’s mayor, a letter to all municipal entities surfaced on social media, in which the Acting City Manager of Johannesburg instructs the boards of municipal entities to cease holding any “strategic sessions, including the [sic] Board and Sub-Committee meetings” until further notice.

Being an entrepreneur is no easy feat, but with a clear plan, passion and hard work – a lot is possible. As we enter Entrepreneurship Month, we speak to entrepreneurs from different fields and industries about their success and ask them their key tips on achieving greatness!

In 1970, Nobel Prize-winning American Economist Milton Friedman argued the following: “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”

The Unaccountables skilfully profiles the large corporations and private individuals implicated in economic crime and never held to account. This book will anger many, who will be able to put names and faces to those behind some of South Africa’s biggest corruption scandals, from apartheid to state capture.

Investment strategies that are built on specific ethical factors are not new. The principles underpinning environmental, social, and governance (ESG) investment predate the 1960s. Early in the development of the ESG investment practice, ESG strategies were often performative and designed to appease customers or influence public perception.

Optimised procurement processes have the potential to refine supply chain management and resolve ongoing corruption challenges.

The 2019-20 local government general report released by the Auditor General of South Africa (AGSA) on 15 June continues to emphasise the lack of accountability and consequence management in local government which impacts service delivery and municipal finance management.

The news that John Lamola will assume the roles of both Executive Chair and CEO of South African Airways (SAA) suggests that the state has not learned the lessons of the past few years regarding the importance of good governance.

As leaders, one of our biggest fears is no longer having a meaningful role to play in our organisations. For many business leaders, the fear of obsoletion can be crippling, especially when it comes to the vital process of succession planning.

The cryptocurrency market has grown exponentially over the past few years as people seek to ‘strike gold’ by investing in the latest virtual ‘coin’. What most don’t know, however, is that this digital currency also has a smart contractual capacity that can bind users to a cause or indicate commitment to work alongside other investors to achieve a common goal.