Tag: compliance

Even though concepts such as DevOps and MLOps have gained support in recent years, FinOps is a relatively new discipline that has yet to become generally practised. And yet, its potential to enhance financial services through a reinvented data strategy is significant.

Filing of Financial Accountability Supplements instead of Audited Annual Financial Statements during the period 01 April 2020 to 31 March 2021. On 01 July 2018, we mandated Extensible Business Reporting Language, which is a digital financial reporting mechanism for companies to file audited annual financial statements (AFSs) in an electronic format.

The Financial Intelligence Centre (FIC) is set to include more sectors under its purview as accountable institutions while addressing gaps that may exist in the country’s anti-money laundering and counter-terrorist financing framework.

The ZA Domain Name Authority (ZADNA) has published draft rules aimed at further regulating the registration and operation of websites in South Africa. For local hosting companies that offer domain name registrations and registrar services, additional license conditions and fees payable via the registry may impact their ability to offer competitive pricing.

Keeping your business finances in order needs a proper payroll system to avoid mistakes that come with payrolling. Whilst many small businesses opt for manual payroll processing spreadsheets or other basic tools that seem less cost-saving, they add on to more risks as the business expands and you add more employees to your payroll.

Slipping security into the freelance zeitgeist so company and gig workers alike are protected. The gig economy made up of freelance and project workers dipping their toes in and out of different companies and experiences is not a new concept, but it is definitely a thriving one.

The ongoing issues surrounding electricity supply in South Africa – not to mention climate-related discussions around the viability of the energy sector in general – has many businesses and building owners reconsidering whether those precious kWh units are going to waste unnecessarily.

As we move further into the digital age, paperless systems are becoming a more appealing way to deal with document management and storage. Instead of physical filing systems and cabinets taking up space, a document management system (DMS) enables you to store and organise your important documents in an electronic archive that only permissioned users to access and edit.

Too many powerful and well-remunerated people in our public sector are letting South Africans down by continually failing to achieve the strategic objectives of the entities they manage. Officials in the public sector must employ clean governance principles across every aspect of their operations.

In many ways, 2021 was a landmark year for online privacy. In April 2021, Apple rolled out an update allowing users to opt out of app tracking, with most iPhone users having done so by the end of the year. There were even talks to disable tracking technology on the world’s most popular web browser.