Gazetted amendments tighten B-BBEE rulings

The recently-gazetted amendments to the Amended Generic Black-Broad Based Economic Employment (B-BBEE) Codes of 2013 present immense potential for organisations to accelerate transformation whilst offering quality-education to enhance employment. This is according to...

How to recognise a conflict of interest

Sometimes procurement professionals can be caught with their hand in the cookie jar, mixing business with pleasure to the detriment of their employers. While the King IV Report on Corporate Governance guides the private sector and the Public Finance Management Act and...

Curing or killing the patient? The quandary of quality management

Professor Roy Ramphal, academic director (acting) at the Unisa Graduate School of Business Leadership (SBL) and the national president of the Southern African Society for Quality (SASQ), discusses the compelling reasons for today’s corporations to urgently...

IT governance benefits beyond ticking boxes

IT governance is often seen as a grudge endeavour, something businesses need to do in order to meet their regulatory compliance objectives. It is typically challenging to achieve, which adds to the resentment around it. By Simeon Tassev, MD and qualified security...

Amendments to the Amended Generic Codes of Good Practice on B-BBEE

On 9 April 2019, the Minister of Trade and Industry signed four amendments to the Amended Generic B-BBEE Codes of 2013 (Codes). These amendments were gazetted last Friday and will come into effect on 31 November 2019.06.05. By Adam Ismail, Candice Meyer and Safiyya...

FAIS compliance a business imperative

The Financial Advisory and Intermediary Services Act (FAIS) is designed to create a professional code of conduct with specific outcomes and measurements which Financial Services Providers (FSPs) must comply with. Angelique Strumpher, administration manager at...