CGF ARTICLES, OPINIONS & EDITORIALS
Take steps to protect your loved ones and assets
As load shedding across the country wreaks havoc in homes, businesses and in the traffic, criminals have not missed the opportunity to capitalise on the compromised security. Countless homes have reportedly been robbed since the introduction of Eskom’s load shedding and there is every expectation that the trend will pick up as load shedding is expected to continue for at least the next two years in South Africa.
Article by Terrance M. Booysen and peer reviewed by Kenneth Chikwanha (President: ISACA South African Chapter)
There’s a saying that goes along the lines that “the more things change, the more they stay the same”. Rather ironically, this axiom was first coined by a French journalist -- Alphonse Karr -- in 1839 and it is as true then as it is today.
Article by CGF Research Institute (Pty) Ltd
As more companies are becoming exposed to the manner in which their leadership determine their business strategy and engage business transactions, so more questions are also being raised about the company’s corporate governance practices. Unlike years gone by when companies were not bound as much by various legislation and similar mechanisms to report to the public on their company dealings, today there are far greater reporting requirements and greater numbers of interested parties wanting details concerning companies and their daily operations.
Article by CGF Research Institute (Pty) Ltd
In an independent South African Corporate Governance Climate Survey (‘the Survey’) conducted by De Facto in April 2015, CGF Research Institute (‘CGF’) was ranked by one-hundred and forty business leaders as the leading organisation in the provision of corporate governance training. Sixty nine percent (69%) of the respondents recognised CGF as experts in corporate governance training in South Africa, no doubt as a result of CGF’s well-known delivery of high value and affordable training.
Employee wellness and disease management issues and their effects on the workforce have become not only a national issue for most employers, but a global priority too. The continued increase in preventable chronic non-occupational (and non-communicable) diseases has expanded to become a growing corporate concern.
Criminals target generators and solar panels for resale on the black market
As South Africa’s power crisis deepens, businesses and households are opting to beat power cuts by acquiring back-up and renewable energy solutions – from generators that cost around R6k and upwards, through to sophisticated solar photovoltaic (PV) and inverter solutions which start from around R100k. But as with any industry that sees sudden and significant demand, criminals have not missed the opportunity to cash in by selling stolen property to consumers looking to save a quick buck.
Hardly a day goes by in South Africa that someone does not become a victim of opportunistic crime. Social media channels such as YouTube are awash with video clips of incidents captured by onlookers, such as this smash and grab incident which took place on Witkoppen Road in Fourways during peak hour traffic. It begs the question of how we can protect ourselves from falling victim to the spate of opportunistic crime that seems to be an everyday event in South Africa.
Presentation by Terrance M. Booysen (Breakfast Seminar)
My topic, Unpacking the critical importance of a Corporate Governance Framework® (and the mutually fulfilling roles of ISO standards) may come as a revelation for many of you this morning. But before I delve into the matter of a Corporate Governance Framework®, I wish to state that many organisation’s GRC practices have remained not only static through the years, but also largely fragmented.
Article by Terrance M. Booysen (CGF: Chief Executive Officer) and peer reviewed by Louis Strydom (Partner: PricewaterhouseCoopers)
For the past number of years South Africa has been placed in the spotlight when it comes to matters such as crime and corruption, and most of the surveys dealing with this scourge have a consistent message that this situation is not improving. Once again, the PricewaterhouseCoopers 2014 Global Economic Crime Survey validates this dire situation where 69% of South African respondents indicated that they had experienced economic crime of various proportions. Alarmingly, this figure of affected organisations had increased nine percentage points higher than in the previous survey results which were recorded in 2011. Whilst the PwC Economic Crime Survey also noted a shift in the typical perpetrator (now being found in the senior management structures), most concerning is the fact that these perpetrators are typically males with university degrees who are aged between 31 and 40 and who have been with the same employer for over ten years.
Article by Jenè Palmer (CGF Lead Independent Consultant)
It has been painful to watch the likes of Lance Armstrong, Mike Tyson and Hansie Cronje sabotage their futures through poor decision-making. Similarly, many organisations and their boards have failed to demonstrate strong and responsible leadership qualities to motivate and drive their organisations to success. Awareness, decisiveness and accountability are some of the business leadership qualities required to achieve remarkable performances.