CGF Articles & Editorials
August 6,
2015 6383 6383 
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.
July 27,
2015 7297 7297
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.
July 27,
2015 7544 7544
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.
July 15,
2015 33273 33273
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.
July 14,
2015 7278 7278
A stitch in time saves nine
Winter is well and truly here and the plummeting temperatures usually bring a fair amount of mayhem and discomfort with it. The good news is that with some simple preparations and planning to ‘winterise’ your home, cold temperatures don’t have to sub-zero your pocket or your mood.
July 14,
2015 6876 6876
Have you ever really thought about what would happen if you lost your home and all your possessions in a fire? If you live in a fire prone area, you may have an inkling of the anxiety and strain of being ordered to evacuate your home, or watching helplessly as walls of flames engulf your neighbourhood, desperately hoping that it doesn’t reach your home.
June 26,
2015 6957 6957
Article by Terrance M. Booysen and reviewed by Bruno Bruniquel (Bruniquel & Associates: Chairman)
As sad as it may be, the incidents of a particular colleague walking past your table and greeting you, or even asking about your weekend activities may not be as ‘innocent’ as you may first have thought.
May 27,
2015 8073 8073
Article by Terrance M. Booysen and peer reviewed by Sharon van Rooyen (Partner: EY)
It’s a fact. No matter which global or regional surveys a person may refer to, the latest 2014/15 surveys on economic crime all show that crime of this nature is on the increase. Economic crime -- particularly
fraud and corruption -- are causing organisations in both the public and private sector substantial financial losses, and increasing pressure on business to grow their revenues together with market volatility could be just some of the reasons why these crime statistics are increasing.
May 18,
2015 7757 7757
Presentation by Terrance M. Booysen
...it is imperative that we make a distinction between words such as “accountability”, “responsibility”, “must” and “should” – and specifically so in the context of its use within a boardroom and its organisation.
April 29,
2015 8508 8508
Article by Terrance M. Booysen and peer reviewed by Megan Grindell (Director: Carter DGF)
Irrespective of where you may live -- and no matter what your line of business and language may be -- universal thoughts most often expressed by people regarding corruption is obscured in darkness and negativity. Corruption is by no means something new; it has followed mankind throughout the ages and it continues to exist in various forms to include
grand corruption, political corruption, corporate and
administrative corruption, as well as
petty and
systemic corruption.