As many businesses in South Africa -- large and small -- begin to unpack the necessary work they need to complete as a result of the new Companies Act 2008 which was introduced earlier this year, including the provisions of King III; they may find themselves in a position where an extra “set of hands” is required.  Of course, it’s not just an additional resource that companies will need when they consider the requirements of the Memorandum of Incorporation (MOI) or the affected policies and…

SAS solutions dominate with advanced analytics, comprehensive data management, superior reporting

As software providers vie for the risk and compliance marketplace, SAS, the leader in business analytics software and services, is recognised as a leader in five competitive landscape reports from Chartis Research. The reports include Financial Crime Risk Management 2011, Liquidity Risk Management Systems 2011, Market for Solvency II Technology 2011, Operational Risk & GRC Software…

Planned dynamic risk solution system will better evaluate risk and help improve outreach

To enhance its overall risk management system and improve small and medium enterprises (SME) portfolio management and outreach, Credit Guarantee Corp. Malaysia Berhad (CGC) selected SAS, the leader in business analytics software and services.

With SAS Enterprise GRC, SAS Financial Management and SAS Business Analytics, CGC expects greater efficiency in risk data reporting and analysis.…

Ashburton, the Jersey-based active investment management company, achieved another successful quarter in the latest PlexCrown ratings for FSB-approved offshore collective investment schemes.

Ashburton was named top offshore investment manager in the Global Asset Allocation category for the third quarter of 2011 by the PlexCrown Fund Ratings’ survey. They were also placed first in the USA Equity, Europe Equity and Japan Equity categories. Ashburton was runner-up in the overall offshore…

Last week saw direct, short-term insurer, MiWay win two prestigious awards – the Ask Afrika Orange Index Service Excellence award for short-term insurance as well as the Deloitte’s Best Company to Work for award. 

But nothing much has changed back at MiWay – they are simply maintaining their unwavering focus on the one area that has brought the company this far: service excellence. 

Awesome service is our focus

With its fourth birthday looming in early 2012, René Otto,…

Professional services firm PwC has been recognised for its ongoing commitment to Broad-Based Black Economic Empowerment (B-BBEE) by being rated an AAA - Level 2 contributor, according to the provisions of the Chartered Accountancy (CA) Sector Code.

PwC attributes the achievement of this rating largely due to an increasing focus on transformation, skills development and investment in disadvantaged communities. This is in line with the Government's objective to support the development…

SAS, leader in business analytics software and services, is among the nation's most innovative users of business technology. The company's use of Web 2.0 technologies won recognition from InformationWeek 500 for building dynamic working relationships that draw experience and insight from throughout the company and connect global employees.

The Web 2.0 strategies include SAS internal blogging, customised news and information subscriptions via RSS feeds, company news articles with open…

The 2011 Deloitte Best Company to Work For Survey sees three companies emerging as South Africa’s most desirable employers; third time winner in the large company category (>2500 full time employees) McDonalds SA, MiWay Insurance in the medium company category (301-2500 full time employees) and Eliance in the small company category (<300 full time employees) are both first time participants and winners of the survey.

This year for first time, the survey was officially extended…

SAS announced new features for SAS Social Media Analytics which include social scorecards, an author hub and new competitive intelligence functionality.

Social scorecards provide social community managers the ability to view channel activity over time, which paints a picture of overall performance across social channels, including Facebook, Twitter, YouTube and Flickr, in order to evaluate the effectiveness of online and social programs.

The author hub provides detailed insight…

Salvo Global’s respected Banking & Finance Series will organize a 2-day “Advanced Stress Testing Analysis” training program for risk professionals in financial institutions on 28 and 29 November, 2011 in Johannesburg, South Africa. 

This training program will provide a unified view of the main input elements of financial analysis - Market, Credit/Counterparty and Behavioral Risks - and how they are linked by financial contract. It will address how they generate…

Professional services firm PwC was recognised today by The Association for the Advancement of Black Accountants in Southern Africa (ABASA) for its achievement in producing the highest number of black chartered accountants this year.

The ABASA awards which are highly acclaimed throughout the accounting profession, commend organisations that have contributed to the success and transformation of aspiring chartered accountants.

Suresh Kana, CEO of PwC in Southern Africa says: “For…

Multinational professional services firm PwC will launch a China Desk in South Africa through its local firm tomorrow in an effort to assist and advise Asian business locally and internationally that wish to make a footprint into South Africa and Africa.

Thomas Magill, PwC Director and Jenny Chen, PwC Associate Director in Financial Services and the representatives of PwC China Desk, say the initiative is being launched to facilitate joint ventures and business opportunities between…

•               Global workforce reached 182,000 and is expected to grow more than 35 percent to 250,000 by FY2015

•               Aggregate member firm revenues grew 8.4 percent in U.S. dollars, marking Deloitte’s highest revenue growth in the last three years

•               Growth experienced in all three major geographic regions and across all four major business functions

Johannesburg, 29 September 2011 – Deloitte Touche Tohmatsu Limited today announced…

Synonymous with the new beginnings that go hand in hand with spring and the change of season, so too has Camargue Underwriting Managers, undergone a significant  transformation of its own.  Part of this change, and in an effort to align the company’s image with its rapidly expanding and evolving business, Camargue has announced the launch of its new corporate identity; a reveal that took place at its 10th birthday celebration this month (September).

Re-branded the Camargue Group, the…

Sanlam Employee Benefits added to its growing list of accolades for the year with an award from the Institute of Retirement Funds (IRF) Communications Challenge 2011 for the Sanlam Umbrella Fund. The award recognises the fund’s comprehensive understanding of its target market, and follows awards for Employee Benefits Product Supplier of the Year by the Financial Intermediaries Association (FIA), and Principal Officers Association’s prize (The Imbasa Yegolide Awards) for umbrella fund of the…

As a result of significant growth in the Western Cape Blue Turtle Technologies has announced the opening of a Cape Town Office.  Blue Turtle Western Cape is conveniently located at Century Square, Century City. 

“The Western Cape operation will be managed by our regional executive, Trevor Belter, bringing together the experienced technical team we have established in Cape Town and Durban. This is an indication of the rapid growth of our footprint across the country. We have a very…

Johnson Controls South Africa has renewed its commitment to the local building industry by reaffirming its longstanding partnership with Approved Building Control Specialists (ABCS).

The partnership, which began early in 2000, is aimed at creating a network of highly skilled, quality Building Control Specialists throughout the country to share knowledge and experience and take Johnson Controls products into the market. There are currently four ABCS's in South Africa: Cape Automation,…

Mutual & Federal, a member of the Old Mutual Group, has appointed LeRoy Munetsi as its first Group Executive: Africa, effective from 1 October.

“Africa is a core strategic focus for Mutual & Federal as we look to diversify further into the region. “We have consistently had very strong underwriting results from our existing African market and there is opportunity to further leverage off this and explore untapped opportunities”. The appointment of LeRoy as our Executive…

The International Small Business Congress (ISBC) 2012, which will be held at the Sandton Convention Centre in Johannesburg from 15 – 18 September next year, was launched on Friday 16 September at the Business Opportunities and Franchise Expo.

“The 2012 Congress is a significant milestone in the ISBC’s history as it will mark the first year that the ISBC has been held in Africa since its inception in 1974,” says Septi Bukula, Congress Director of the ISBC 2012. “The Congress will…

With 21 years in the tourism and insurance sectors, locally-based SATIB Insurance Brokers has truly come of age, having established themselves as one of Southern Africa’s leading tourism risk management companies.

From humble beginnings, SATIB Insurance Brokers now has nine regional branch offices throughout Africa, and is responsible for the insurance placement of assets cover of over R20 billion on an annual basis. 

Founded in 1990 by Umhlanga-based Brian Courtenay, the…