Tag: ambiguity

The regulatory framework surrounding the disposal of sanitary waste in South Africa paints a vague and often conflicting picture. This confusion arises from a mix of legal ambiguities and ethical considerations. While the need for responsible waste management is evident, the road to achieving it remains far from clear.

In a significant move towards enhancing efficiency, transparency, and accountability in public procurement processes, the gazetted Public Procurement Act of 2024 (Act) aims to revolutionise the way government entities engage in procurement activities.

In a significant move poised to reshape the landscape of traditional medicine in South Africa, the Minister of Health has proposed new regulations for traditional health practitioners. These regulations, set to be implemented under the Traditional Health Practitioners Act of 2007, aim to address longstanding concerns about the legitimacy of medical certificates issued by traditional healers and bring greater clarity to businesses grappling with uncertainty in this area.

By focusing on being open, understanding, and reliable when communicating with employees, employers can successfully handle challenging situations and emerge stronger and more resilient. During times of crisis, it is crucial for organisations to focus on engaging and communicating effectively with their employees.

Traders and investors must overcome many hurdles in order to succeed. Among the most common of these hurdles are emotional pitfalls such as fear and greed, and behavioural shortcomings such as impulsivity. Neuroeconomics – a relatively new discipline – may hold the key to understanding the neural processes that govern the way traders make decisions, and assist them in making the right ones.

Procurement and supply body adds voice to discourse over legislation and calls for more radical reforms to root out corruption. We have submitted a series of detailed recommendations for South Africa’s Public Procurement Bill with the intention of advancing the principles of ethical procurement practices within the Southern Africa region.

For many business leaders, the heat is on. They face inflation, supply chain disruption, labour shortages, and pricing pressures. Protecting margins while meeting customer needs and navigating economic uncertainty is crucial. However, many lack transparency and granularity in actual cost structures.

Events such as the COVID-19 pandemic and rising levels of cybercrime are encouraging insurers to revisit their policy wording to exclude certain events. Over the past three years, the world has suffered serious humanitarian and financial losses from the COVID-19 pandemic, climate change and catastrophic weather, political unrest and wars in central Africa, Europe and more recently, the Middle East.

Recent regulatory developments have tended to regulate food packaging more strictly, following international trends to hold producers, advertisers and retailers responsible for claims that entice consumers to purchase a product.

These are difficult times. The COVID-19 pandemic has proved to us that we cannot rely on tomorrow to be like today; there is no such thing as ‘business as usual’. The social and economic upheaval has been devastating, and its effects long-lasting, making these times even more uncertain. The antidote to this uncertainty is clarity.