Tag: due diligence

CloudCap is an innovative new investment portal with proven returns of between 18 and 21% per annum, in full compliance with South African financial regulations. It allows you to invest in a range of start-ups and established companies in cutting edge and disruptive industries like artificial intelligence, medical technologies and fintech. 

Businesses that are considered as vulnerable to being abused for money laundering and terrorist financing purposes by criminals are listed as accountable institutions in terms of the Financial Intelligence Centre Act, 38 of 2001 (FIC Act). And, as such, these institutions must meet certain regulatory obligations that are designed to help combat financial crime.

The age-old adage of prevention is better than cure is becoming more and more relevant as organisations both transition to the cloud and manage the ever-increasing perimeter of people working remotely. To remedy your security woes, the questions you need to answer include: Do you know what your cybersecurity posture is, do you know where the gaps are that you are not considering, are you sure you are taking all the elements in your business into account when you are crafting your policies?

Business partnerships end for a number of reasons. Some are friendly and in the best interest of both parties - while others reach a bitter, nasty end. Even the COVID-19 pandemic and related lockdown has forced directors to evaluate their interests and involvement.

The furore around the awarding of a contract to a politically connected individual’s company shows that government has not yet accepted its role as custodian of good governance for South Africa Inc, and the extent of public disenchantment with perceived corruption.

Chief Justice Mogoeng Mogoeng, during his address at The Directors Event in Sandton, highlighted the issue of board and other leadership appointments in the public sector.

In July this year, Eskom released their much-delayed financial results. Poor results revealed, amongst others, a net loss of R2.3 billion and an amount of R19.6 billion that was attributed to irregular expenditure. 

As with any other profession, artificial intelligence (AI) has lawyers wondering how it will disrupt theirs. Unlike the lift operator, AI is not set to replace lawyers (just yet), but rather to increase performance and enhance client service. 

Every successful business reaches a stage where it has to choose its growth path. Either you grow organically, using operational capital as and when it’s available or you use growth capital in order to scale up faster. If you are considering the fundraising route, there are a number of things you need to nail in order to be funding ready.

Policies to manage bribery and corruption risks need to be more than formalities as recent corruption scandals involving corporate entities, both in South Africa...