Tag: transparency
Complexity over shortcuts – are silver bullets only for werewolves?
Embracing complex strategies over silver bullets is the key to sustainable business growth, as quick fixes often fail to address underlying challenges. Magical catch-all solutions that solve every business problem simply don’t exist. It’s time businesses lean into complexity instead of fearing it.
AI-Driven recruitment raises legal and bias concerns
AI-driven recruitment raises critical concerns about bias, fairness and legal accountability in modern hiring practices. There is mounting foreign case law that provides both employers and Artificial Intelligence (AI) developers with significant food for thought.
Digital governance frameworks needed for effective oversight
Digital governance frameworks are needed to address disjointed oversight and enhance decision-making in today’s complex corporate environments. Despite public outcries about corruption and demands for accountability, the importance of good corporate governance continues to be trivialised.
Beneficial ownership disclosure deadline looms for businesses
The Companies and Intellectual Property Commission (CIPC) has introduced new obligations for reporting beneficial ownership information. The deadlines are tied to each company’s date of inception. Businesses must declare their beneficial owners within 30 days of their anniversary date, similar to annual return filings.
FICA compliance and penalties – the time for accountability is now
FICA Compliance and Penalties are becoming critical considerations for South African businesses, as non-compliance can lead to severe financial and reputational consequences.
Legislative frameworks for AI – guiding ethical integration
Legislative frameworks for artificial intelligence (AI) highlights the critical need for regulations to ensure ethical and responsible AI development. AI adoption has increased significantly in recent years. In 2018, companies using AI allocated only 5% of their digital budgets to it.
Overcoming capital raising challenges in a crowded PE market
The private equity (PE) fundraising landscape, historically dynamic and competitive, has become increasingly challenging in recent years. As a number of funds compete for limited investor capital, a consistent question we get as fund formation lawyers is: "How have successful asset manager clients secured capital in this crowded market?"
Governance as a gateway – advocating accountability in Africa
Governance is crucial to economic development across Africa. With enhanced accountability and transparency, the continent can achieve substantial improvements in both the public and private sectors.
Supply chain digital transformation
As technology accelerates and sustainability gains global attention, supply chain management is becoming a crucial driver of business success. In South Africa, unique challenges such as rising costs and resource constraints are inspiring innovation through digitisation and sustainability.
Fintech international money transfers outpacing banks
When was the last time you bought something with physical cash or wrote out a cheque? In fact, how often do you even have to do money transfers on your laptop rather than your phone? When did you last have a one-on-one appointment with your insurance broker? Pick any area of finance and you’ll likely find similarly big changes over the past couple of decades.
