Tag: due diligence

The matter of CSARS vs Africa Cash and Carry (Crown Mines) (Pty) Ltd and Another showed the importance of responsible tax-debt management within corporate groups. It also showed how the South African Revenue Service (SARS) assessed financial capacity.

The recent Checkers "Simple Truth" campaign, featuring British chef Jamie Oliver, Springbok rugby stars Pieter-Steph du Toit and Trevor Nyakane, and former Carte Blanche anchor Devi Sankaree Govender, has sparked discussion. The debate extends beyond marketing to governance.

The Skills Development component of B-BBEE scorecards has created a large and robust training industry. However, while many organisations deliver quality learnerships and skills programmes, an alarming number exploit the system and the corporate sponsors of learnerships. The consequences extend far beyond financial loss.

A contractor’s capabilities, ethics and experience can make or break a project. This is especially true for large-scale, regionally critical infrastructure such as roads, bridges, transport systems and water services. Across the country, there’s been a concerted push to deliver smarter public transport, boost housing in growing urban centres and strengthen utility services that millions rely on daily.

With South Africa tightening its grip on crypto regulations, Crypto Asset Service Providers (CASPs) must act now to avoid compliance failures. As of April 30, 2025, new crypto compliance rules in form of Directive 9 will introduce stricter requirements for tracking and reporting crypto asset transactions.

The 2025 Budget Speech, delivered on 12 March 2025, made it clear that financial crime enforcement and compliance are priorities. The government has allocated increased funding for forensic investigations, regulatory oversight and tax compliance monitoring

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.

FICA Compliance and Penalties are becoming critical considerations for South African businesses, as non-compliance can lead to severe financial and reputational consequences.

Strengthening digital verification methods in financial services is essential to combat fraud, ensure regulatory compliance, and enhance customer trust in today's rapidly evolving digital landscape. Digital onboarding and real-time transactions are key to delivering a slick customer experience for financial services today. However, this open trading world has created gaps for financial criminals, including money launderers, terrorist financiers, and fraudsters, to exploit.

It was the late noughties that saw the most prominent emergence of digital tools, which in turn paved the way for a whole new generation of investment companies in the form of online trading platforms. Since then, spurred on by rapid innovation, emerging inventions like cryptocurrency and the speed of its mainstream adoption have put online trading into overdrive.