Tag: PwC Africa
Building a united front on financial crimes
Cyber attacks against financial services firms and other sectors have increased in number, size and sophistication. Globally, cybercriminals have launched large-scale attacks against banks and other financial institutions, siphoning billions of dollars from bank accounts as well as stealing millions of credit card records.
Executive women advancement lagging
Despite some organisations taking steps to boost the number of women at executive level, progress is still slow. The proportion of women to men in executive roles is still low, with only one female CEO among the JSE top 40 companies. These are some of the findings from PwC Executive Directors Practices Remuneration Report 2018.
REPORT | Executive bonuses and incentives need tightening to boost corporate...
Executive directors are facing a number of challenges and their companies are increasingly being held to account for their contribution to social upliftment in the face of pervasive inequality. Recent corporate failures have highlighted the importance of good corporate governance and ensuring that remuneration packages are appropriately structured so as to not drive excessive risk-taking.
REPORT | Leading organisations embrace technology to increase effectiveness
The business risk landscape continues to evolve and has challenged the compliance and ethics efforts of organisations worldwide. PwC's 2018 State of Compliance Study shows how leading compliance and ethics organisations are prioritising cultural impact and embracing technology to increase their effectiveness.
Global Consumer survey says AI is the future
PwC's latest Global Consumer Insights survey, assesses the shopping behaviour, habits and expectations of over 22,000 consumers in 27 countries, including 1,000 from South Africa. Almost a third (32%) of consumers surveyed globally by PwC plan to buy an AI device, including robots or automated assistants, with retailers watching closely as ‘voice commerce’ develops in the home. In South Africa, 44.3% stated they plan to buy an AI device in the near future.
Non-executive directors cautioned to exercise due care
South Africa’s non-executive directors cautioned to exercise due care in discharging their responsibilities in the wake of recent corporate disasters. Boards are under significant pressure to continually transform in the face of disruptive technology, globalisation, political and economic uncertainty, and a volatile marketplace.