New corporate policies for data storage required
Data at end-of-life is a massive challenge for most companies, especially with uncontrolled data growth that has resulted in new corporate policies for data storage and retention. This is largely as a result of new global legislations and regulations such as GDPR and...
Make sure of change management success
Implementing a compliance project within an organisation is always challenging. This is the word from Sandi Hager, senior change management consultant at Bizmod, who adds: "The primary reason for this is that the leadership team often fails to realise the significant...
Keep tabs on third-party financial health
With increasing global focus on limiting illegal activities such as bribery, corruption, illicit proceeds, money laundering, terrorist financing and other financial crimes, the review of third-party financial health within due diligence is more critical than ever....
ISPA membership a ‘badge of respectability’
South Africa's burgeoning ICT (Information and Communications Technology) grew 12% to amount to a R229-billion industry last year, according to ICASA, and there is no end to this growth in sight as government and industry increasingly embrace digital technology. "The...
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 define who...
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...
365 days of GDPR: has the storm passed?
There's no doubt that May 2018 will be remembered in business and technology circles as an important milestone in the evolution of data protection legislation, usage and public impact. By Johan Scheepers, systems engineering director for MESAT The implementation of...
Reflecting on the one-year anniversary of GDPR
It's been a year since the European Commission (EC) made its hotly anticipated General Data Protection Regulation (GDPR) enforceable on 25 May 2018. Danny Allan, vice-president: product strategy at Veeam There has been a tremendous amount of fear, uncertainty and...