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June/July 2022 Volume 27 No 3R65.00 (incl VAT)Other African Countries R56.52 (excl tax) TRAVEL & LEISURE mFulaWozi WILDERNESS TINTSWALO SAFARI LODGE RUSSIA’S WAR ON FOREIGN IP RIGHTS BIOMETRICS - SAFER THAN A PASSWORD? SOCIAL SKILLS IN EXECUTIVE ROLES NEEDED CHRISTIAN LOUBOUTIN - SEEING RED OVER ITS TRADEMARK? TRANSFER PRICING – WHERE IN THE RANGE IS THE RIGHT POINT? B-BBEE & OWNERSHIP WHO HAS CAPTURED & CORRUPTED IT FROM ITS ORIGINAL INTENT?22 BusinessBusinessBBriefrief June/July 2022June/July 2022 v V BusinessBusinessBBrief rief June/July 2022June/July 2022 11 @@bbrief1bbrief1 Your platform for thought-leadership VIEWPOINTVIEWPOINT σ B-BBEE & OWNERSHIP - WHO HAS CAPTURED & CORRUPTED IT FROM ITS ORIGINAL INTENT? σ RECALIBRATING THE DUTY OF CARE 1010 MANAGEMENTMANAGEMENT σ SOCIAL SKILLS IN EXECUTIVE ROLES NEEDED σ INTENTIONAL LEADERSHIP - CREATING MEANINGFUL AND LASTING CHANGE IN YOUR TEAMS 1818 EDUCATION & TRAININGEDUCATION & TRAINING σ LEARNERSHIPS MUST PRIORITISE DIGITAL SKILLS σ ACCELERATE THE FUTURE WITH THE RIGHT SKILLSETS 2424 LEGALLEGAL σ CHRISTIAN LOUBOUTIN - SEEING RED OVER ITS TRADEMARK? σ RUSSIA’S WAR ON FOREIGN IP RIGHTS 2828 TAXTAX σ TRANSFER PRICING – WHERE IN THE RANGE IS THE RIGHT POINT? σ HOW MUCH PERSONAL TAX IS TOO MUCH TAX TO PAY? 3636 FINANCE & EQUITYFINANCE & EQUITY σ POST-PANDEMIC BUDGETING - IS A YEAR STILL 365 DAYS LONG? σ SEARCH & SEIZURE POWERS OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS 4242 ASSETS & INVESTMENTSASSETS & INVESTMENTS σ WHO MANAGES YOUR MONEY WHEN YOU’RE UNABLE TO? σ CASH AS A DIVERSIFICATION TOOL 4848 BANKING & INSURANCEBANKING & INSURANCE σ CUSTOMER EXPERIENCE IN FINANCIAL SERVICES - TODAY’S CHALLENGES & OPPORTUNITIES σ THE IMPACT OF HYPERINFLATION ON INSURANCE 5454 MARKETING & SELLINGMARKETING & SELLING σ M-COMMERCE CONTINUES TO CONFOUND MANY CMOs σ ADVERTISING WATCHDOG GETS ITS TEETH BACK 6060 HUMAN CAPITALHUMAN CAPITAL σ HOW TO BUILD PEOPLE ANALYTICS CAPABILITY σ EXECUTIVE LEVEL RECRUITING IS EVOLVING 6666 TECHNOLOGYTECHNOLOGY σ DEALING WITH THE COMPLEXITIES OF BIG DATA σ ARTIFICIAL INTELLIGENCE - EVOLUTION OR EXISTENTIAL THREAT? 7474 PROCESS & OPERATIONSPROCESS & OPERATIONS σ BIOMETRICS - SAFER THAN A PASSWORD? σ ESSENTIAL STRATEGIES FOR ERP PROJECT MANAGEMENT 8080 BRIEFCASEBRIEFCASE σ ALL THE LATEST GADGETS, GIZMOS AND OFFICE MUST-HAVES 44 TRAVEL & LEISURETRAVEL & LEISURE σ SUBERB LOCAL EXPERIENCES 66 CONTRIBUTORSCONTRIBUTORS σ CONSULT OUR CONTRIBUTORS DIRECTLY FOR PROFESSIONAL ADVICE 8686 COVER STORYCOVER STORY CONTENTSCONTENTS22 BusinessBusinessBBriefrief June/July 2022June/July 2022 PUBLISHER BusinessBrief Publishing +27 (0)11 788 0880 EDITOR & PUBLISHER James Scott james@bbrief.co.za TECHNOLOGY & GADGETS Steven Ambrose steven@strategyworx.co.za CONTRIBUTORS Please see the list of this edition’s contributors on page 86 ADMINISTRATION/ SUBSCRIPTIONS Abednico Banda admin@bbrief.co.za ADVERTISING Trevor Ormerod +27 (0)83 299 7070 trevoro@media-connect.co.za Denise Bolt +27 (0)82 821 6300 deniseb@media-connect.co.za Abednico Banda +27 (0)11 788 0880 nico@bbrief.co.za James Scott +27 (0)11 788 0880 james@bbrief.co.za DESIGN & LAYOUT PxL Designs PUBLISHING POLICYPUBLISHING POLICY EDITORIAL Articles are published at the editor’s discretion, and are not linked to the payment of any consideration or to any obligation to place advertising. ADVERTORIAL Published for a consideration, this material is provided by the client and does not necessarily reflect the views of the publication. It includes profiles, features, white papers, case studies, and thought leadership pieces. SPONSORED EDITORIAL Written by an independent journalist, this material is published for a consideration, and includes profiles, features, white papers, case studies, and thought leadership pieces. Editorial contributions are welcome, but the publisher cannot accept responsibility for unsolicited material. The editor reserves the right to alter or cut copy. COPYRIGHT BusinessBrief Publishing (Pty) Ltd. All rights reserved. Requests to lift material should be made to the editor. While every effort has been made by the publisher to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors, or loss incurred as a result. 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CPD/ECPD/E The following organisations, subject to individual requirements, have accredited BusinessBrief for purposes of CPD/E (Continuing Professional Development/Education) AT(SA) Accounting Technicians SA Association of Chartered Certified Accountants Federation of African Professional Staffing Organisations Chartered Governance Institute of Southern Africa Chartered Institute of Management Accountants Compliance Institute Southern Africa Contact Centre Management Group Financial Planning Institute of Southern Africa Institute of Certified Bookkeepers and Accountants Institute of Credit Management of Southern Africa Institute of Directors Southern Africa Institute of Management Consultants & Master Coaches of Southern Africa Institute of People Management Public Relations Institute of Southern Africa South African Auditor & Training Certification Authority South African Board for People Practices Southern African Institute for Business Accountants South African Institute of Professional Accountants South African Institute of Tax Practitioners South African Payroll Association Southern African Society for Quality THE TEAMTHE TEAM PUBLISHER’S NOTEPUBLISHER’S NOTE Become a better business leader Scan now to claim exclusive offer C M Y CM MY CY CMY K BBrief ad bleed trim.pdf 1 05-04-2022 02:34:28BusinessBusinessBBrief rief June/July 2022June/July 2022 33 Become a better business leader Scan now to claim exclusive offer C M Y CM MY CY CMY K BBrief ad bleed trim.pdf 1 05-04-2022 02:34:2844 BusinessBusinessBBriefrief June/July 2022June/July 2022 BRIEFCASEBRIEFCASE Sonos Ray Soundbar The Ray is Sonos’ latest product measuring 71mm x 559mm x 95mm and weighing in at 1.95kg. The Sonos Ray is aimed at improving the sound of almost all flat screens TV’s its paired with at an affordable price. The Sonos Ray offers Dolby Digital 5.1 and DTS Digital Surround. Extra Sonos speakers can be added to turn the Sonos Ray into a true home theatre system. The Sonos Ray offers Sonos sound quality ease of use as a key feature along with all the connectivity options needed to complete your sound setup. Available from Sonos retailers for R6,499.00. For more information www.sonos.com/en/home Sony WH-1000XM5 Headphones The Sony WH-1000XM5 are the latest in Sony’s noise-cancelling headphones and offers enhanced noise-cancelling and longer battery life, as well as improved sound performance. The design is cleaner and simpler than the older 1000 XM4s and offers greater comfort and durability in Black and Silver. Google Assistant and Alexa features are available, and the handy app allows fine-tuning of the noise cancelling and sound. Available from July at all Sony dealers from R7,500.00. For more information https://www.sony.com/za Ring Alarm Kit Ring has added a connected affordable and easy to install alarm kit to their range. The Ring also works with Ring Doorbells and all other Ring video equipment to offer a simple connected alarm system. Motion detectors and door or window contact sensors can be added and a simple keypad allows quick control. Ring Protect plus allows you to monitor alerts from your smart device. Available from R3,999.00 from Ring retailers countrywide. For more information https://za-en.ring.com/ BusinessBusinessBBrief rief June/July 2022June/July 2022 55 BRIEFCASEBRIEFCASE Asus Zenbook Pro Duo 15 OLED Asus is offering the ultimate business laptop with a 4K OLED HDR display. A unique second tilting 4k display offers effortless ergonomics and seamless workflows. Powered by up to an Intel® Core™ i9 eight-core processor and NVIDIA® GeForce RTX™ 3060 GPU, ZenBook Pro Duo 15 OLED brings you all the benefits of tomorrow’s technology, today. Mil-spec durability a pen enables screen, extended battery life and extreme power make the Zenbook Pro Due 15 a powerhouse of technology. Available from Asus dealers from R52,998.00. For more information https://www.asus.com/za/ Samsung M5 32” smart monitor Samsung’s work or play smart monitor has all the business credentials with all the smarts of a Smart TV, Netflix and other apps can be loaded on the M5. A crisp and bright Full HD screen with sufficient contract and sharpness for graphics and movies. Multiple inputs and remote control with Bixby voice activation included. The Samsung Smart Monitor M5 is a space saver and multiuse device with all the options needed to be a complete solution to your work from home needs Available from all Samsung dealers from R6,995.00. For more information www.samsung.com/za66 BusinessBusinessBBriefrief June/July 2022June/July 2022 mFulaWozi Wilderness private game reserve is championing a sustainable model for socioeconomic development within its local communities where humans and wildlife can live and thrive together. Back under owner management of the founders, Barry and Sonya Theunissen, sister-lodges Biyela and Mthembu recently re-opened at mFulaWozi in Kwa-Zulu Natal. ‘mFulaWozi is not just about magnificent game viewing, delectable cuisine, and stunning décor, it’s about a journey of purpose, and the creation of a culture that honours and preserves the Zulu culture’, says Barry Theunissen, ‘allowing guests to connect with five hundred years of history.’ Both lodges have been completely revamped. Designed by architect Peter Whitehouse with interior design by Michele Throssell, all operations are off the grid. Carefully built by hand by members of the local Mthembu and Biyela Zulu clans, guest suites come with private viewing decks where guests may immerse themselves in nature and the rich history of the area. Biyela Lodge is named after local chief Biyela, a descendant of King Shaka, and consists of 12 luxury standalone suites as an inviting and exclusive destination for couples, complete with private plunge pools. An oasis of privacy and eco-luxury, guest suites are styled on a modern apothecary theme. With cool rectilinear pavilions, the lodge is built into the hillside of this piece of untouched mFulaWozi wilderness, perfectly positioned to maximise the sweeping views of the imposing TRAVEL & LEISURETRAVEL & LEISURE mFulaWozi WildernessmFulaWozi Wilderness … a journey of purpose in the heart of ZululandBusinessBusinessBBrief rief June/July 2022June/July 2022 77 flood plains of the White iMfolozi River below. Warm and welcoming Mthembu Lodge is set on the embankment of the White iMfolozi River, where it commands magnificent views complete with game watching from the comfort of its seven, luxury one-bedroom suites and two- family villas. Mthembu is the perfect family destination, welcoming children from the age of 10. It combines fresh innovative design and stylish African touches, with a wealth of natural materials such as earthy woods, leather and brass. The mFulaWozi Wilderness Private Game Reserve stretches across 16,000 hectares of untouched African bushveld, 6,000 hectares of which have already been incorporated into the Hluluwe iMfolozi Park, the oldest proclaimed nature reserve in Africa. With the dropping of fences between the parks, it is now one of the last havens where large numbers of animals, including the Big 5, that can roam freely. This is the land first conserved by Shaka Zulu to protect endemic game. Today still, this unique wilderness area embodies the spirit of the Zulu nation and unlocks the tourist appeal of the rich culture, history and biodiversity of the land, by offering thrilling game drives, as well as birding, guided walks and trails, and excellent photographic opportunities.◼ ◼ TRAVEL & LEISURETRAVEL & LEISURE For more information or to book | www.mfulawoziwilderness.com | reservations@mfulawozi.com | +27 (0)79 474 1817 |Next >