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Lexis Nexis
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In Ingquza Hill Local Municipality and Another v Mdingi [2021] 3 All SA 332 (SCA), Section 53 requires prior notice of an intention to move a motion for the removal of a member to be given to all members in terms of the Local Government: Municipal Structures Act. -
The need for greater transparency in compliance and procurement has never been more important - businesses have no choice but to implement a comprehensive vetting process to ensure complete transparency and honesty in their dealings. -
Technological innovation benefits business by putting pioneering solutions in the hands of busy professionals, thus promoting self-sufficiency and accuracy. -
Procurement fraud is a leading commercial risk and organisations must implement every possible preventative measure to ensure it does not impact the business. -
Procurement fraud can be committed by employees acting alone or in collusion with vendors. -
The impact of fraud in procurement can be far reaching with many aspects of the business affected by such transactions. -
There are many takeouts from Transparency International’s 2017 Corruption Perceptions Index (CPI), released in February 2018. -
Decisions and consequences go hand-in-hand. This is why having adequate, relevant information at your fingertips is a critical aspect of any decision-making process - more so when these decisions affect the operation of business and company reputation. -
Vetting in the supply chain function enables business to review their suppliers and vendors with the intention of mitigating risk before entering into business relationships. -
Suppliers play a huge role in the operational capacity of a business and with a mutually healthy relationship, trusted suppliers can help a business satisfy customer needs, even in a pinch.