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Tag: Corporate Social Responsibility (CSR)

Skills development initiatives for SED

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In South Africa, businesses are required to contribute to the social and economic development (SED) by the Broad-Based Black Economic Empowerment (B-BBEE) Act of 2003. This legislation stipulates the assessment of SED performance through a scorecard covering enterprise development, skills training, job creation, socio-economic projects, and preferential procurement.

The digital tightrope walk for business & human rights

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Artificial Intelligence (AI) offers unprecedented opportunities for growth and innovation but also presents significant challenges and risks, especially concerning human rights and corporate governance.

Samsung retains Level-1 B-BBEE ranking for 6 successive years

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Samsung has retained its Level-1 B-BBEE status for six (6) years in succession. This is a true testament of Samsung’s 30-year commitment and the positive impact its continuous investment has had, to the country’s transformation agenda.

What questions should boards be asking about AI?

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Few business leaders dispute that artificial intelligence (AI) is on course to upend every major market sector and industry, but many boards aren’t always aware of what a successful AI strategy looks like, or how best to prepare their organisations for the change.

Samsung Director resigns after almost two decades of unwavering dedication

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After 19 years of true loyalty, passion and dedicated service at Samsung Electronics South Africa, Hlubi Shivanda: Business Operations and Innovation and Corporate Affairs Director has resigned.

The urgent need for CISOs and boards to prioritise ITAD security

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We are calling upon CISOs and boards of directors to recognise and take immediate action against the security risks associated with IT asset disposition (ITAD). As a crucial aspect of data governance, the responsible management of IT assets at the end of their lifecycle is essential to ensure compliance and safeguard sensitive information.

Post Pandemic Chronicles – the transformative power of the epiphany

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Amidst the disruptive changes brought on by industry 4.0, the past two years has seen the world being faced with the worst global pandemic in just over a century - plunging both individuals and organisations into a state of chaos, uncertainty and instability whilst radically reshaping life as we knew it.

South Africa’s decay – what’s to be done?

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The possibility that the Government’s insurer South African Special Risk Insurance Association (SASRIA) may not be able to meet its solvency capital requirements caused by the large claims arising from the riots, looting and destruction of last July is becoming a reality.

SA business needs to embrace sustainable thinking

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A critical debate is needed in boardrooms right now on how to develop new thinking when it comes to sustainability. The very word has become ubiquitous, overtraded and I worry at times that it has lost its import. Simply put sustainability means meeting our own needs without compromising the ability of future generations to achieve their own objectives.

ESG investing – a fad or the future?

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Modern Portfolio Theory, introduced by Harry Markowitz in 1952, has provided the lens for the way investments have been viewed for more than 60 years. In its most basic sense, it suggests the most efficient portfolio is one that maximises the return at a set risk level.

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