Tag: business operation

Dumping is described as international price discrimination, wherein a product is cheaper in the importing market than it is in the market that is exporting said product. This practice is frowned upon, as exemplified by calls to curb dumping through measures like tariffs or outright bans on certain imports.

When the Broad-Based Black Economic Empowerment (B-BBEE) Act was introduced in 2003, the goal was to meet specific economic transformation goals by creating an environment where more black persons could be part of the ownership, management, procurement, and skills development process to drive socio-economic development.

Sustainability is the new digital. Becoming sustainable as a business is not a matter of 'if' but 'when'. It requires demonstrating a purposeful approach to environmental, social, governance and technology issues, maintaining strong ethical standards, and operating responsibly.

Having a backup plan is a given not a nice-to-have. Whether you are automatically archiving historical client data or testing a new cybersecurity strategy, backup planning helps to keep the business running smoothly. However, simply being prepared is not enough – your business must be resilient.

Businesses and consumers alike have had to weather several shocks over the past two years. In this article, I advise how businesses can make 2022 a year for rebuilding and taking advantage of new opportunities. During 2020, 42% of small businesses closed during lockdown, according to financier FinFind.

What are the legal implications for international oil companies (IOCs) operating in host countries where supplier due diligence is a challenge? The short answer to the question is that IOCs face ever increasing legal risk.

The journey to reaching digital resiliency: pursuing digital transformation initiatives to thrive despite the ongoing pandemic challenges. The COVID-19 pandemic has shaken the manufacturing and distribution industry profoundly.

There are many crucial factors involved in the Protection of Personal Information Act (PoPIA). For compliance, it is imperative for organisations to fully understand all these factors and how they play out in the real world. Three of the crucial areas that must be discussed include de-identifying, information matching programmes, and filing systems.

The COVID-19 pandemic accelerated digital transformation and now industry is leaning into technology that increasingly automates, integrates and harnesses collaboration between disparate business operations. As it does, IT leaders are putting Enterprise Resource Planning (ERP) firmly back on the boardroom table in large enterprises.

A closer look at businesses who managed to pivot, highlighting the true resilience of South Africa’s SMEs. It has been more than a year since South Africa’s nationwide lockdown was implemented in response to the global COVID-19 pandemic.