Tag: business continuity

Accounting and auditing play crucial roles in business operations. They manage financial activities and maintain accurate company records. These functions oversee finance-related tasks and ensure effective financial management. Additionally, they implement risk mitigation strategies to support business continuity.

The terms 'Cybersecurity' and 'Cyber Resilience' often appear interchangeable, which creates confusion. These concepts are related but serve distinct purposes. Both play critical roles in protecting data and ensuring business continuity. However, what are their differences, and why do organisations need both?

As South Africa assumes the presidency of the Global Group of 20 (G20) in December, it faces significant opportunities. The country is set to lead global discussions on sustainable energy and economic development for the Global South. "Just energy transition" and financing solutions for economic growth are the top priorities on South Africa’s G20 agenda. This highlights the need for innovative, resilient, and green technology solutions.

In today’s digital age, data-driven insights have become the cornerstone of business success. These insights help businesses thrive. Understanding customer needs provides a greater competitive edge. Additionally, analysing financial data helps businesses plot their growth. This allows them to fulfill their full potential. The benefits of data in the business world are endless.

In the dynamic world of business, unexpected events can strike at any moment, threatening the stability of even the most well-established enterprises. From property damage caused by natural disasters to lawsuits from disgruntled customers, the need for comprehensive business insurance cannot be overstated.

The time has come for South African telecommunication companies to face greater scrutiny. With data prices higher in South Africa than in many other African states, these companies should be more accountable to their customers. Yet this is not happening.

Business interruption (BI) and cyber incidents are the primary concerns for the manufacturing sector within the automotive industry in 2024. The report, based on insights from over 3,000 risk management professionals and business leaders, highlights the growing importance of addressing these risks to ensure business continuity and safeguard against potential disruptions.

For most South African businesses, the skills development component of the Broad-Based Black Economic Empowerment (B-BBEE) scorecard is one of the most challenging and costly elements to deliver on. However, by strategically combining employed and unemployed learnerships, businesses can secure the most points for the least money spent, while achieving the best return on their training and skills development investment.

Demand for managed software defined wide area networking (SD-WAN) solutions is experiencing explosive growth as businesses grapple with new connectivity and security challenges. SD-WAN plays an essential role in facilitating cloud migrations and hybrid working models at a time of growing cybersecurity threats.

Savvy business owners recognise employees' need to maintain a healthy balance between their professional and personal lives. Having the flexibility to manage responsibilities such as school runs and meal planning is one aspect, but there's more to it.