Prepare for impending e-invoicing mandates as UK policy changes
As the UK government prepares to implement mandatory electronic invoicing (e-invoicing) regulations set to take effect on 1 January 2025, Kyocera Document Solutions South Africa (KDZA) is calling on businesses to proactively assess their invoicing processes and adopt...
Homegrown vs regtech vendor solutions: Are you making the right decision?
Before the advent of Software-as-a-Service (SaaS) products, most companies relied on monolithic software packages or homegrown solutions. Many institutions in the regulated financial services sector find these tried-and-tested solutions constrain their flexibility and...
How to succeed at e-commerce in township economies
Research released by retail analyst Trade Intelligence earlier this year indicated that township trade brings in about R200-billion annually. This is a staggering figure considering that high unemployment rates, poverty and crime blight South Africa’s townships....
The business case for automating customer due diligence, FICA compliance
Automation has been labelled as a way to tighten up the corners, without cutting them. An apt description, it’s all about using technologies to up productivity, boost efficiency, reduce errors and save businesses a lot of time without having to make any sacrifices...
Your rights and obligations under the Cybercrimes Act
Businesses in South Africa are required to notify authorities of certain offences, although they are also empowered to rely on certain legislation to protect and enforce their rights against criminals. By Karl Blom, partner, Mieke Vlok, senior associate and Inge...
Regulatory programmes are more than compliance
Nothing gets the perfectly scripted eye-roll like the words “regulatory compliance” in a business environment. These regulated and government-mandated programmes are often seen as a burden—a tick-the-box exercise required to avoid hefty fines or, worse, the loss of...
Better ISO standardisation could win QSEs more BEE-qualifying work
Standards improve structure, governance and assurance, while business owners can tap into useful SEDA and enterprise supplier programme funding grants, writes Muhammad Ali, MD of World Wide Industrial & Systems Engineers (WWISE) Broad-Based Black Economic...
Compliance logic key to effective data governance and cybersecurity
It is only in the past five years that digital has started to become more regulated, and with this has come a range of compliance legislation that businesses need to come to grips with. By Ryan Boyes, governance, risk and compliance Officer at Galix For many...
How CIOs can achieve the benefits of sustainability
Gartner research shows that 50% of CIOs will have performance metrics tied to the sustainability of their IT operations by 2025 - and by 2027 25% of CIO compensation will be linked to their sustainable technology impact. This means that sustainability must now switch...
Compliance-as-a-Service could drive real business value
Although the Protection of Personal Information Act (PoPIA) has been in effect for several years, many South African businesses are still grappling with compliance. The legislation's nuances and varying interpretations can complicate compliance efforts, particularly...
Sluggish transition to low-emission vehicles a risk to GDP
The uptake of electric vehicles (EVs) has taken centre stage as the most viable means to reduce greenhouse gas emissions around the world. In South Africa, the race to shrink the transport industry’s carbon footprint is no different. However, the local automotive...
Why payroll and HR experts are your best compliance partners
Payroll and HR regulatory requirements are constantly evolving, and what is compliant today may need to be adjusted tomorrow. Even minor oversights can lead to significant penalties, tarnishing a company’s reputation and impacting its bottom line. Regulatory bodies...