Tag: governance

Mining, until now, has been the sector in South Africa where social and labour plans are a legal requirement. These plans are designed to ensure that while companies take value out of the ground, as is the case for miners, they also leave something of value behind.

If you spend your days inside Broad-Based Black Economic Empowerment (B-BBEE) transactions like I do, you will know the story by heart. Good businesses try to do the right thing by becoming sound empowerment partners. Then the deal stalls on one thing: money that is either too expensive, too risky or simply unavailable.

The integration of Artificial Intelligence (AI) into workforce planning is reshaping professional practices across industries. This includes the specialised field of psycho-legal practice within industrial and organisational psychology (IOP). In South Africa, psycho-legal assessments play a critical role in legal proceedings. These cases often involve workplace injuries, loss of earnings and psychological impacts.

Companies are struggling to take the first step into Artificial Intelligence (AI). However, there is a way around the overwhelm. AI has become the corporate obsession of 2025. From the explosion of ChatGPT to the everyday integration of tools like Microsoft Copilot, companies echo with conversations.

Will your business still be alive in 10 years? Many will not. The pace of change is leaving even Moore’s Law behind. Nvidia’s AI hardware supremo, Jensen Huang, recently claimed that AI capability has increased a million-fold in the last decade. He also suggested this growth may continue at the same pace. To say established businesses face disruption would be an understatement

In meeting its policy commitments and addressing regulatory challenges posed by the rising prominence of non-bank payment operations, the South African Reserve Bank (SARB) published two draft documents in the first quarter of 2025. In their policy document, colloquially referred to as Vision 2025, the SARB presents its vision for modernising South Africa’s National Payment System (NPS).

South Africa’s businesses pay billions in skills levies. Yet the Services Sector Education and Training Authority (Services SETA’s) administration signals a crisis that could derail our economic future. This retains the original intent but adds urgency.

It’s often said there are three tiers of government in South Africa: national, provincial and municipal. However, there is an unspoken fourth tier, namely residential governance through Homeowners Associations (HOAs). On paper, HOAs appear straightforward.

Artificial Intelligence (AI) is rapidly becoming the engine room of South Africa’s economic future. Across sectors, from banking and insurance to healthcare and retail, AI systems are transforming how decisions are made and how services are delivered. They are also changing how organisations compete.

In a world marked by heightened economic uncertainty, geopolitical tensions and shifting regulatory landscapes, the demand for integrity and transparency in business has never been greater. As professionals charged with stewardship over financial information, governance frameworks and assurance practices, chartered accountants are not merely working with numbers.