Tag: fraud

Like many companies, we grapple with the ethics of using Artificial Intelligence (AI) in our work, which for us is creating brilliant campaigns for our clients. Over the past year or so, since AI really made itself felt, we’ve hashed and rehashed so many questions, especially around content generation: can we use AI to produce copy for our clients? Should we? If so, how should we? What should we tell them about using AI, if anything? And why should they pay us to use AI when they can do it themselves – for free?

No matter which industry your business finds itself in, advertising forms a crucial part of any company’s go-to-market strategy to help achieve a host of business goals - from influencing consumer behaviour or driving sales and revenue growth, to gaining a competitive advantage and expanding into new markets.

The nature of guarantees has once again been dealt with decisively by the Supreme Court of Appeal (SCA) this time in the matter between Bonifacio and another vs Lombard (Bonifacio). A guarantee is an obligation to make payment upon the occurrence of an event.

Internal controls are an essential component of any financial management system. It helps your organisation retain financial integrity, meet regulatory requirements, and compile reports essential for improving the business. These processes are especially crucial in accounts payable (AP) departments to manage financial transactions and ensure that payments are authorised, accurate and properly documented.

Technology is always great when it’s used in an ethical manner. We have a better working environment currently than some of the fore-bearers of the finance ecosystem. With the introduction of artificial intelligence (AI), we have to also consider the risk of fraud.

In today’s digital age, cybercrime is advancing at an alarming rate. As technology evolves, so do the tactics of cybercriminals. Unfortunately, your South African Revenue Service (SARS) e-filing account is not immune to these threats.

Gabriel Laucus has lost his job and his parent’s home is about to be repossessed. Desperate and on the brink of financial ruin, he devises a risky insurance scam to salvage his crumbling life. This sets in motion a catastrophic chain of events. Soon, Gabriel and his friends have a psychopathic hitman, a ruthless drug lord, and a relentless investigator on their tail.

The South African retail industry operates in a complex and challenging environment. Economic uncertainty, rising costs, and unpredictable consumer demands have created conditions in which retailers must constantly adapt to survive.

South Africa is continuously suffering from the effects of corruption and drainage of resources, some of which were highlighted in the state capture saga. Optimistically, significant changes have occurred in the public and private spheres to ensure that the industrial-scale corruption perpetrated does not continue to repeat itself. One such change is the recent signing of the Judicial Matters Amendment Bill into law by President Cyril Ramaphosa on 3 April 2024.

Investing in an offshore retirement fund is one way of growing your wealth in a stable economy over the longer term, or even gaining residency in a foreign country. However, for South Africans, this scenario presents as many challenges as it does opportunities and should only be considered after consulting with a financial adviser and tax expert.