The true cost of a data breach

In the aftermath of a data breach, expenses rapidly accumulate. Governance, Risk, and Compliance (GRC) plays a key role in safeguarding your bottom line. Data breaches are like financial tsunamis. In the aftermath of an attack, expenses can rapidly accumulate, wreaking havoc on your organisation’s bottom line. While the initial hit is painful, it’s the […]

CIPC Compliance checklist – What’s new

The Companies and Intellectual Property Commission (“CIPC”) has enhanced the Compliance Checklist, which can be accessed by logging on to the CIPC E-Services platform. From the 5th of March 2020, it is mandatory for the following types of companies to confirm with CIPC if the company’s annual financial statements are audited or independently reviewed: Incorporated […]

The urgency of setting financial business priorities

The difficult economic environment, as a result of the COVID-19 outbreak, is exceptional by any standard, and it comes with extreme scope and levels of uncertainty. Management teams and entrepreneurs are having to do scenario planning and then often re-planning on a continuous basis. This while keeping the well-being of their people and their organisations […]

The compulsary completion of the CIPC Compliance Checklist

The Companies and Intellectual Property Commission (“CIPC”) issued a notice (Notice 52 of 2019) in August 2019 in which they introduced the CIPC compliance checklist. The CIPC now requires each company to complete this checklist to ensure compliance with the mandatory requirements of the Companies Act (Act No. 71 of 2008). It also serves as […]