Tag: compliance
Employment of Illegal foreigners – what employers need to know
The Department of Employment and Labour (DEL) has recently stepped up its inspection raids. These actions have attracted significant media attention. Most notably, these inspections have been prominent in the hospitality industry. As a result of these inspections, approximately 80 people working in restaurants across the country have been arrested.
Inclusive employee health insurance makes sense
South African businesses face an environment where many employees, especially in lower income segments, cannot afford basic healthcare services. Medical aid remains unaffordable for most workers, even when subsidised, exacerbating the existing healthcare access disparities.
Inclusive credit scoring – energising underserved communities
The rapidly developing financial landscape in South Africa is driving greater financial inclusion through innovative consumer credit approaches. At its core, this mission integrates alternative data, technological advancements, and a balanced strategy for innovation and risk management.
Employment equity compliance – navigating legal obligations
Employment equity compliance is a crucial aspect of fostering diversity and inclusion, ensuring businesses adhere to regulatory requirements while promoting equal opportunities. In today’s competitive business landscape, fostering a diverse and inclusive workforce is a strategic advantage. It isn’t just a regulatory requirement.
Accounting software solutions for smarter decisions
Real-time financial insights have become crucial to both big and small businesses. Advancements in accounting software technology provide up-to-the-minute information. This innovation offers enhanced decision-making, better cash flow management, and greater financial accuracy.
Crisis Management in Sport
Embark on a transformative journey through South African sport with Crisis Management in Sport: Dealing with Challenges on and Off the Field. This comprehensive guide offers invaluable insights into crisis management. Dr Ali Bacher’s foreword highlights the significance of this addition to sports management knowledge.
Digital governance frameworks needed for effective oversight
Digital governance frameworks are needed to address disjointed oversight and enhance decision-making in today’s complex corporate environments. Despite public outcries about corruption and demands for accountability, the importance of good corporate governance continues to be trivialised.
ISO 14001 certification – building sustainability through EMS
ISO 14001, an internationally recognised Environmental Management System (EMS), provides businesses with a structured framework to manage environmental impact. It helps organisations pursue sustainability and operational excellence effectively.
Beneficial ownership disclosure deadline looms for businesses
The Companies and Intellectual Property Commission (CIPC) has introduced new obligations for reporting beneficial ownership information. The deadlines are tied to each company’s date of inception. Businesses must declare their beneficial owners within 30 days of their anniversary date, similar to annual return filings.
FICA compliance and penalties – the time for accountability is now
FICA Compliance and Penalties are becoming critical considerations for South African businesses, as non-compliance can lead to severe financial and reputational consequences.