Tag: BusinessRisk

South African businesses do not need to look far for a cautionary tale. The fallout from the Steinhoff scandal continues to reveal how weak governance, inadequate scrutiny of business relationships and unchecked transactions can destroy billions in shareholder value. What began as aggressive growth ultimately became one of the country’s most expensive lessons on the cost of insufficient oversight.

The first quarter of the year is often one of the most financially challenging periods for South African businesses. Companies absorb year-end expenses during this time. They also navigate delayed customer payments and face slower trading conditions. As a result, many companies enter the new year under significant cash-flow pressure.