Tag: reputational risk

The global business community is undergoing a transition towards a green economy driven by a shared recognition of the urgent need to address climate change, protect natural resources, and promote sustainable development.

Legacy and cloud-native tech can complement each other for a more productive business and happier customers. For financial services firms and insurers, the customer relationship is built on trust earned over many years. In turn, these businesses have to be able to trust their foundational IT systems to deliver the requisite uptime, performance, and security.

Turning company data into an asset is critical, it gives business leaders unprecedented insights. Data offers numerous opportunities across all industries, from healthcare to manufacturing to financial services, to name only a few. Most companies own loads of data and for it to be useful, it is imperative that they ensure that it is clean data.

The COVID-19 lockdown has battered the already ailing South African economy. Despite the pending lift of the lockdown, companies will likely battle to stay afloat as the full impact of the pandemic plays out. Companies with insufficient liquidity face a high risk of collapse.

Corruption is a reality throughout the world. For any organisation, the financial and reputational risks that follow incidents of corrupt activity can be quite severe.

If nothing else, 2017 provided proof positive that the unexpected does happen. South Africa’s political and economic crisis entered a new phase with the GuptaLeaks revelations, Kenya had to rerun its elections and the seemingly indomitable Robert Mugabe was forced from office in disgrace.