Tag: transparency

The recent resignation of Angelo Swartz, CEO of Spar, marks a refreshing break from corporate tradition. By leading with candour and sincerity, Swartz delivered a masterclass in transparency. He moved beyond the usual PR-scrubbed departures that dominate executive exits.

The recent Checkers "Simple Truth" campaign, featuring British chef Jamie Oliver, Springbok rugby stars Pieter-Steph du Toit and Trevor Nyakane, and former Carte Blanche anchor Devi Sankaree Govender, has sparked discussion. The debate extends beyond marketing to governance.

South Africa has tightened Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations since the Financial Action Task Force (FATF) greylisting in 2023. The country has now been recently removed from the FATF greylist after two years of scrutiny. However, financial crime remains widespread.

South Africa’s financial markets are entering a new era. The Johannesburg Interbank Average Rate (JIBAR), long the anchor of domestic funding and lending, will soon be replaced by the South African Rand Overnight Index Average (ZARONIA). This transition is reshaping how interest rates are priced.

Digital transformation in local government can dramatically improve service delivery, transparency and citizen engagement. This finding comes from research published earlier this year by Nelson Mandela University. The study, “Assessing the impact of digital technologies on service delivery in local government”, published in March 2025, concluded that digital initiatives enhance efficiency, improve citizen participation and increase transparency.

The public sector in West Africa, much like in other regions, faces deep-rooted challenges. It struggles with rigid bureaucracies and outdated systems. The very institutions meant to serve citizens often become trapped in structures that block innovation and delay progress.

When it comes to life insurance, naming your minor child as a beneficiary may seem like the most natural decision. But this well-intentioned move can lead to unintended consequences and even financial risk. Most parents assume that naming their child as a beneficiary guarantees protection of their life assurance benefits. But legally, minors cannot receive policy payouts directly. That’s where things get complicated.

Conversations on board leadership often focus on strategy, oversight, and navigating risk and uncertainty. These remain timeless pillars of effective governance. At the same time, these discussions highlight that strong boards are vital for steering organisations through complexity while upholding fiduciary duties.

Tax evasion goes far beyond legal tax avoidance. It is the practice of illegally hiding income or profits to avoid paying tax, costing countries over $500 billion a year. In many cases, tax crime and hidden owners depend on opaque ownership structures that conceal who really owns assets, where transactions are flowing, and other patterns of criminal behaviour.

South Africa’s electricity framework has been rocked by an error that could cost households dearly. In August 2025, the National Energy Regulator of South Africa (NERSA) confirmed the R54 billion miscalculation in its revenue decision for Eskom under the Sixth Multi-Year Price Determination (MYPD6). This was not a minor accounting slip.