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Compliance the foundation for sustainable growth in finance

For many financial institutions in South Africa, compliance has long been treated as a cost of doing business, a necessary function to satisfy auditors and regulators, and to avoid penalties. But that mindset no longer holds up, writes Pienaar Zietsman, chief...

Hidden ownership turns tax crime into an AI challenge

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 evasion depends on opaque ownership structures that hide who really owns...

SA could leapfrog the world in EV adoption

Often perceived to be lagging behind the developed world, South Africa has a unique opportunity to not only catch up, but to leapfrog established markets like Europe and the USA in the long-term adoption of New Energy Vehicles (NEVs). By Linda Cele, products head key...

RelyComply backs FSCA’s call for ecosystem-wide fraud action

According to the South African Banking Risk Information Centre (sabric), banking fraud losses in South Africa totalled more than R2.7 billion in 2024, with digital banking fraud accounting for nearly R1,9-billion. By Bradley Elliott, CEO of RelyComply  RelyComply...

PoPIA: time is up

The countdown is on, the Protection of Personal Information Act (PoPIA) comes into full effect on 1 July 2021. With the deadline looming, there is a lot of confusion and ambiguity regarding its definitions, requirements and enforcement thereof. By Wale Arewa, CEO of...

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