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Webber Wentzel partner, Jesse Watson, is a finalist in the 2019 Individual DealMaker of the Year category, for the second year in a row. DealMaker of the Year has become a particularly competitive field at the annual DealMakers Awards, in association with Ansarada. Each of the finalists has made enormous impact in their…
Monday, 20 January 2020 08:53

New B-BBEE rules for Joint Ventures in tendering

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Johannesburg - New B-BBEE rules for Joint Ventures in tendering. New rules for unincorporated joint ventures came into being on 1 December 2019 and it drastically changes the way it scores B-BBEE points, when tendering for government contracts.  As before, unincorporated joint ventures “are still required to obtain a consolidated verification…
Monday, 20 January 2020 08:32

Sponsorship Forum date announced

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Johannesburg - Conference organiser, Gerom Media, has announced that its annual Sponsorship Forum will take place in Johannesburg on 17 April 2020 and according to Gerrit Davids, MD of Gerom Media, “Sponsors and rights holders will engage each other in a highly interactive environment, sharing best practice and strategies on how commercial partnerships…
By Colin Timmis, General Country Manager, Xero SA and professional accountant  Over the past decade, technology has radically changed the way businesses operate. Now, even small businesses have access to powerful tools that were previously expensive or complicated. The pace of change has been rapid – and it’s unlikely to slow down.…
Although there are still no clear indicators related to when the long-awaited Protection of Personal Information Act (POPI) will come into force, there have been some recent POPI related developments. The Information Regulator has published (for comment) draft Guidelines to develop Codes of Conduct under POPI. The Guidelines set out the…
AI Expo Africa 2020, Africa’s Largest Artificial Intelligence in Business Event, Hits the Ground Running to Launch a New Decade of African AI. Cape Town, South Africa – 16 th January 2020 – As Artificial Intelligence (AI), robotic process automation (RPA) and the 4th Industrial Revolution roll into a new…
Thursday, 16 January 2020 09:13

Investigating a changing insurance market

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Opinion by Terence Williams, CEO of Aon South Africa  The insurance market is in the midst of its most consistent shift in a number of years. In certain countries, sectors and lines of business, buyers are experiencing rate increases, capacity shortages, and a more critical attitude from insurers towards risk…
South African based Venture Capital firm, Kingson Capital, will be sending five South African tech startups to Silicon Valley next week as part of their first Silicon Valley Bootcamp programme. In August 2019, in partnership with AKRO Accelerate, Kingson held the inaugural Kingson Akro Pitch Event in Cape Town. Twenty…
SABRIC, the South African Banking Risk Information Centre is aware of the media statement issued by Kaspersky on the 13th of January 2020 about potential malware attacks on major banks in the sub-Saharan Africa region, entitled ‘Silence before the storm: Russian speaking hacking group is attacking banks in Sub-Saharan Africa’. It states that the…
Chubb today announced the appointment of Allan Bader as Accident & Health Underwriter. In this role, Allan will be responsible for the development and growth of the company’s Accident & Health portfolio, focusing on Group Personal Accident and Business Travel. Allan has worked in the insurance industry for 16 years…
The insurance industry is becoming more technologically advanced and disrupted by the day.  This is happening against a backdrop where insurers are under massive pressure to manage costs, attract and retain clients in a shrinking market pool, improve claims management and turnaround times, and deliver superior customer experiences in a tech-driven…
Business interruption insurance is critical to keep the revenue generating ability of a business intact.  Amidst catastrophic events such as political strikes, cyber-attacks or natural disasters, business interruption scenarios are evolving rapidly, with the risk rated at #4 on the list of top 10 risks according to Aon’s Global Risk Management…

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