governance

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Strong Standards. Weak Foundations.

Why Organisational Readiness Remains the Biggest Challenge in Governance Transformation The introduction of the Global Internal Audit Standards has prompted organisations across South Africa to revisit their methodologies, governance frameworks, reporting structures and strategic priorities. Internal audit functions have reviewed charters, updated plans and strengthened their approaches to align with a new era of professional […]

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beyond technology governance risks in system adoption

Beyond Technology: Governance Risks in System Adoption

Risk and Adoptability: Introduction In today’s governance environment, the adoption of new systems is both a necessity and a risk. Organisations face mounting pressure to modernise platforms to ensure reliable reporting, compliance, and operational efficiency. System transitions often fail not because of technology, but because of risks tied to adoptability, how people, processes, and governance

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political interference bagaka group

Political Interference: The Governance Risk Boards Cannot Ignore

Political Interference: The Governance Risk Boards Cannot Ignore Political interference is not a minor inconvenience, it is a structural governance risk that weakens accountability and undermines institutional integrity. In constitutional democracies, political oversight is legitimate and necessary. Yet when oversight shifts into interference, the independence of boards and executives is compromised, probity is diminished, and

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safeguarding public value bagaka group

Safeguarding Public Value: The Case for Supplier Risk Management

Safeguarding Public Value: The Case for Supplier Risk Management As South Africa advances its procurement systems in line with the Public Procurement Act 28 of 2024, the effective management of supplier risks has become essential, shifting from administrative oversight to a critical instrument of accountability and resilience. Public entities must perceive Supplier Performance Management as

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cybersecurity risk bagaka group

Emerging Cyber Risks: Why Reviewing Controls Is Not Enough

Emerging Cyber Risks: Why Reviewing Controls Is Not Enough Annually, CEOs, Boards of Directors and organisational management review policies to ensure they remain relevant, effective against existing and emerging risks, and compliant with evolving laws and regulations. These reviews are critical to helping organisations achieve strategic objectives, safeguard assets, improve operational efficiency, and maintain regulatory

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local government reform article bagaka group

Local Government Reform: Audit, Risk and Compliance Imperatives for Business

Local Government Reform: Audit, Risk and Compliance Imperatives for Business Published in 1998, the White Paper on Local Government became a cornerstone of South Africa’s democratic transition. It provided a blueprint for municipalities to operate as developmental institutions, charged with improving service delivery and fostering inclusive economic growth. Nearly three decades later, however, the limitations

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your business is profitable again bagaka group

Your Business Is Profitable Again, But Tax May Still Be Due, Even With Old Losses

Your Business Is Profitable Again, But Tax May Still Be Due, Even With Old Losses Many entrepreneurs, board members and trustees have long shared this understanding around tax losses: “When the business returns to profit, those past losses will protect us from paying income tax until they are exhausted.” That understanding is no longer fully

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