Tag: governance

Online betting in South Africa is a thriving business, expected to become a billion-dollar sector within four years. But there are risks, especially as the digital era makes it easy to forge identities. Betting companies must manage fraud risks and honour legislation, avoid financial and reputational damage, and continue investing in customer relationships.

Business leaders get it wrong when they assume that cyber resilience is only about digital tactics and tools. Cyber resilience strategies are destined to fail if they do not take the human element into consideration. To have a robust cyber resilience strategy, organisations must embed cyber resilience into the culture and every aspect of operations.

Accessing the right funding and financing, at the right time, can mean the difference between starting up, staying open, or shutting down. The economy is facing a challenging business environment, with slow global growth, economic volatility, and ongoing power supply issues. This means that many businesses in South Africa are still trying to find their financial footing

As the new year unfolds, many business leaders across Africa are assessing the 2023 year to chart an increasing resilient path ahead. Last year, major key events unfolded that had global repercussions on supply chains, businesses and the leaders of those businesses.

Well known economist, Thabi Leoka’s meteoric fall from grace was pretty much self-inflicted. It’s the old adage of "don’t tell a lie, you will be caught out". However, this whole situation could have been prevented, and misconceptions cleared up years ago, had all the entities involved done their due diligence.

The uniquely challenging global events of the past few years have underscored the critical importance of people management for companies. Disruptions, including the pandemic and its aftermath, forced organisations to clearly define priorities and quickly build up specific capabilities in employee health and safety and more flexible working models.

Given the multi-faceted nature of the Metaverse, the disputes that could arise are limitless. It is therefore important that dispute resolution mechanisms that will be used in dealing with Metaverse-related disputes are agile enough to account for a new legal environment.

Sustainability has risen to board level discussions in South African corporates, as they grapple with both the public’s demand for environmentally friendly products as well as the growing requirements of Environmental, Social and Governance (ESG) reporting.

The accounting profession may be at a crossroads, but perhaps the choice of direction is one that can reshape the future and its reputation. The challenge facing the accounting profession is nuanced. On one hand, the profession is attracting fewer people and struggling to retain those are in it.

Read our exclusive cover story titled Waste Governance - can your cost burden become a value driver? by Kate Stubbs, Group Business Development and Marketing Director, Interwaste, plus a host of other topical management articles written by professionals, consultants and academics.