Tag: Wale Arewa

Corporate South Africa needs to explore the growing trend of linking executive compensation to environmental, social, and governance (ESG) performance, driven by the imperative of multi-stakeholder capitalism and heightened attention to sustainability issues.

Data is every company's biggest asset and that is why data protection should be a top priority for every business owner. Data protection is becoming more complicated as old electronics become redundant and new devices are added to the network.

Many companies that experienced delivery delays due to disrupted supply chains, have now received their IT equipment upgrades for 2020. This means there is an abundance of redundant electronics ready for disposal. Scrapping storeroom bound computers without proper consideration for data protection processes and regulations, or the proper elimination of data, could be disastrous for any company.

The information regulator is pushing for the remaining provisions of the Protection of Personal Information Act (POPIA) to be finalised and come into effect by 1 April 2020. After the commencement date, companies will have 12 months to get their systems and processes in place to comply with the Act for the processing and storing of personal information.

The role of the CFO has evolved dramatically in recent years, especially with finance and IT becoming more connected than ever before. Besides managing the company’s finances from top to bottom, CFOs now have many new responsibilities to fulfil.