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December/January 2025/26 Volume 30 No 6R82.00 (incl VAT)Other African Countries R71.30 (excl tax) TRAVEL & LEISURETRAVEL & LEISURE SIMBAVATI WATERSIDESIMBAVATI WATERSIDE TOKARA WINE & OLIVE ESTATETOKARA WINE & OLIVE ESTATE TRAVEL & LEISURETRAVEL & LEISURE SIMBAVATI WATERSIDESIMBAVATI WATERSIDE TOKARA WINE & OLIVE ESTATETOKARA WINE & OLIVE ESTATE GOVERNMENTS CANNOT ACCUMULATE CAPITALGOVERNMENTS CANNOT ACCUMULATE CAPITAL FAMILY BUSINESS - TRANSITION AND SUCCESSION PLANNINGFAMILY BUSINESS - TRANSITION AND SUCCESSION PLANNING KING V IS REVOLUTIONISING GOVERNANCE AND RESTORING TRUSTKING V IS REVOLUTIONISING GOVERNANCE AND RESTORING TRUST TAKING YOUR BUSINESS SERIOUSLY - THE LONG GAME OF VALUE CREATIONTAKING YOUR BUSINESS SERIOUSLY - THE LONG GAME OF VALUE CREATION TRANSFORMING THE AFRICAN MBA - SHIFTING FROM COPYING TO CREATINGTRANSFORMING THE AFRICAN MBA - SHIFTING FROM COPYING TO CREATING GOVERNMENTS CANNOT ACCUMULATE CAPITALGOVERNMENTS CANNOT ACCUMULATE CAPITAL FAMILY BUSINESS - TRANSITION AND SUCCESSION PLANNINGFAMILY BUSINESS - TRANSITION AND SUCCESSION PLANNING KING V IS REVOLUTIONISING GOVERNANCE AND RESTORING TRUSTKING V IS REVOLUTIONISING GOVERNANCE AND RESTORING TRUST TAKING YOUR BUSINESS SERIOUSLY - THE LONG GAME OF VALUE CREATIONTAKING YOUR BUSINESS SERIOUSLY - THE LONG GAME OF VALUE CREATION TRANSFORMING THE AFRICAN MBA - SHIFTING FROM COPYING TO CREATINGTRANSFORMING THE AFRICAN MBA - SHIFTING FROM COPYING TO CREATING BusinessBusinessBBriefriefBusinessBusinessBBriefrief WHEN “GOOD ENOUGH” WHEN “GOOD ENOUGH” ISN’T ENOUGH?ISN’T ENOUGH? WHEN “GOOD ENOUGH” WHEN “GOOD ENOUGH” ISN’T ENOUGH?ISN’T ENOUGH? THE KEEPER TESTTHE KEEPER TESTTHE KEEPER TESTTHE KEEPER TEST2 December/January 2025/26December/January 2025/26 Legacy systems slow growth, fragment data, and drain productivity. Whether you’re new to ERP or looking to make your current system competitive in this rapidly evolving manufacturing landscape, there’s never been a more critical time for modernization. SYSPRO ERP isn’t just a technology upgrade — it’s a future-proof growth enabler. Isn’t it time you gained the agility, integration, and efficiency you need to thrive in today’s competitive market? Scan this QR Code to download the Frost & Sullivan white paper and say Yes to next. OUTG OWN Your Current Manufacturing Software? Copyright © 2025 SYSPRO. All rights reserved. All brand and product names are trademarks or registered trademarks of their respective holders. 736871 OSFF A WEALTH OF MATTERS A WEALTH OF MATTERS December/January 2025/26December/January 2025/26 3 Legacy systems slow growth, fragment data, and drain productivity. Whether you’re new to ERP or looking to make your current system competitive in this rapidly evolving manufacturing landscape, there’s never been a more critical time for modernization. SYSPRO ERP isn’t just a technology upgrade — it’s a future-proof growth enabler. Isn’t it time you gained the agility, integration, and efficiency you need to thrive in today’s competitive market? Scan this QR Code to download the Frost & Sullivan white paper and say Yes to next. OUTG OWN Your Current Manufacturing Software? Copyright © 2025 SYSPRO. All rights reserved. All brand and product names are trademarks or registered trademarks of their respective holders. 736871 OSFF BRIEFCASE σ THE LATEST GADGETS, GIZMOS & MUST-HAVES 6 TRAVEL & LEISURE σ SUPERB LOCAL EXPERIENCES & GETAWAYS 8 CONTRIBUTORS σ CONSULT OUR CONTRIBUTORS DIRECTLY FOR PROFESSIONAL ADVICE 94 CONTENTSCONTENTS A WEALTH OF MATTERS A WEALTH OF MATTERS VIEWPOINT σ GOVERNMENTS CANNOT ACCUMULATE CAPITAL σ SYSTEMIC CHANGE THROUGH CSI - DRIVING GROWTH AND CHANGING LIVES 12 MANAGEMENT σ FAMILY BUSINESS - TRANSITION AND SUCCESSION PLANNING σ THE GEN-Z EQUATION - RETHINKING WORK, WORTH AND THE FUTURE 22 EDUCATION & TRAINING σ TRANSFORMING THE AFRICAN MBA - SHIFTING FROM COPYING TO CREATING σ MAKER ECONOMY - DEVELOPING SKILLS FOR MODERN CREATORS 32 LEGAL σ CREDIT AND CONSUMER LAWS - FINANCE JUDGMENT CLARIFIES THE BOUNDARIES σ CAUTIONARY - CALDERBANK OFFERS CAN COST! 38 TAX σ TAX LITIGATION JURISDICTION - REFRAMED, RESHAPED, RESET BY UMK σ PROPOSED ONLINE GAMBLING TAX - PUNITIVE, RISKY, UNWORKABLE! 44 FINANCE & EQUITY σ KING V IS REVOLUTIONISING GOVERNANCE AND RESTORING TRUST σ THE STATES OF A CREDIT PORTFOLIO - NAVIGATING THE AMBIGUITY OF CURE RULES 50 ASSETS & INVESTMENTS σ TAKING YOUR BUSINESS SERIOUSLY - THE LONG GAME OF VALUE CREATION σ PROPERTY INVESTING - DATA, AI AND DISRUPTION 56 BANKING & INSURANCE σ CROSS-BORDER PAYMENT REFORM - THE SILENT TRANSFORMATION σ SWIFT’S BLOCKCHAIN PIVOT - REINVENTION OR SLOW OBSOLESCENCE? 62 MARKETING & SELLING σ CULTURE DRIVES REVENUE - ALIGNING PEOPLE, PROCESS AND TECHNOLOGY σ AI-DRIVEN FILMMAKING - THE SHIFT CREATIVES CAN’T IGNORE 70 HUMAN CAPITAL σ THE KEEPER TEST - WHEN “GOOD ENOUGH” ISN’T ENOUGH? σ SOCIAL MEDIA HATE SPEECH - A SINGLE RACIST HOLIDAY POST CAN GET YOU FIRED! 76 TECHNOLOGY σ NEXT-WAVE AI STRATEGY - FROM COPILOTS TO COORDINATED AGENTS σ SECURING AI AGENTS - ZERO TRUST IS NON-NEGOTIABLE 84 PROCESS & OPERATIONS σ AI INFRASTRUCTURE DEMANDS - TRAINING VS INFERENCE AT SCALE σ CARBON GUIDELINES IN CONTEXT - ALIGNING GLOBAL PRACTICE FOR LOCAL CONSTRUCTION 90 COVER STORYCOVER STORYCOVER STORYCOVER STORY4 December/January 2025/26December/January 2025/26 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. The publisher advises that readers consult their financial and professional consultants before acting on any information. All material used has been submitted with the understanding that it is original, and the publisher accepts no responsibility for any misrepresentation in this regard. No consideration is accepted for any editorial published. Published articles are not linked to the placement of any advertising. A COMMITMENT TO PROFESSIONAL PUBLISHING The publishers of this magazine are members of the Magazine Publishers’ Association of South Africa. They have made a commitment to: • • Conduct business professionally and ethically at all times. • • Not misrepresent their experience or capabilities, or those of their employees and agents. • • Not make misleading claims or use terms which may be misunderstood. • • Treat as confidential all off-record information learned about the customer. • • Publish the magazine timeously. • • Open their distribution records for audit by the Audit Bureau of Circulation. PUBLISHER BusinessBrief Publishing +27 (0)11 788 0880 EDITOR & PUBLISHER James Scott TECHNOLOGY & GADGETS Steven Ambrose CONTRIBUTORS Please see the list of this edition’s contributors on page 94 ADMINISTRATION/ SUBSCRIPTIONS Abednico Banda ADVERTISING Trevor Ormerod +27 (0)83 299 7070 Laetitia Eksteen +27 (0)82 738 3765 laetitia@biz-connect.co.za Abednico Banda +27 (0)11 788 0880 James Scott +27 (0)11 788 0880 DESIGN & LAYOUT PxL Designs THE TEAMTHE TEAM PUBLISHER’S NOTE 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 FACTS THAT MATTERFACTS THAT MATTER We provide an extensive selection of trusted over-the-counter medications and front-shop products, along with carefully curated ethical pharmaceuticals and veterinary supplies. Additionally, we offer specialized surgical equipment and essential first aid products to ensure your pharmacy has everything it needs to serve your patients effectively. WHY CHOOSE US? COMBO DEALS FRONTSHOP SURGICALS & CONSUMABLES FMCG PRODUCTSSCHEDULED MEDICATION VET & PET PRODUCTS See it, love it, own it! Virtual Window Shopping! Step into our digital storefront and indulge in www.transpharm.co.za We Service All: • Independant Pharmacies • Retail Pharmacies • Hospital Pharmacies • Chain Group Pharmacies Pharmacies KEEPING YOUR PHARMACY FULLY STOCKED WITH QUALITY PRODUCTS CLICK TO VIEW OUR RANGEDecember/January 2025/26December/January 2025/26 5 FACTS THAT MATTERFACTS THAT MATTER We provide an extensive selection of trusted over-the-counter medications and front-shop products, along with carefully curated ethical pharmaceuticals and veterinary supplies. Additionally, we offer specialized surgical equipment and essential first aid products to ensure your pharmacy has everything it needs to serve your patients effectively. WHY CHOOSE US? COMBO DEALS FRONTSHOP SURGICALS & CONSUMABLES FMCG PRODUCTSSCHEDULED MEDICATION VET & PET PRODUCTS See it, love it, own it! Virtual Window Shopping! Step into our digital storefront and indulge in www.transpharm.co.za We Service All: • Independant Pharmacies • Retail Pharmacies • Hospital Pharmacies • Chain Group Pharmacies Pharmacies KEEPING YOUR PHARMACY FULLY STOCKED WITH QUALITY PRODUCTS CLICK TO VIEW OUR RANGE6 December/January 2025/26December/January 2025/26 BRIEFCASE Samsung Galaxy Tab S10+ Tablet Samsung’s monster 12.4-inch AMOLED display tablet with a MediaTek Dimensity 9300+ processor and S Pen supports AI sketches and split-screen multitasking. 12GB RAM allows flawless multitasking; the IP68 rating suits working almost anywhere. Businesses can leverage DeX to run desktop apps on mobile devices. Available from R25,999.00 online and in-store. For more information www.samsung.com/za Asus VivoBook 15 Laptop The latest Asus laptop features an Intel Core Ultra 5 AI processor and weighs just 1.7 kg. It has a 15.6-inch FHD touchscreen, 16GB RAM for multitasking and Copilot+ for automatic reporting. With a 512GB SSD and an 8-hour battery, it’s designed for productivity. The Dirac audio system and ErgoSense keyboard enhance the experience, making it ideal for remote work and home use. Available from R12,499.00 from Asus dealers countrywide. For more information www.asus.comDecember/January 2025/26December/January 2025/26 7 BRIEFCASE Belkin BoostCharge Pro 3-in-1 Wireless Charger Declutter your desk with this sleek stand that charges iPhone, AirPods and Apple Watch simultaneously - featuring up to 15W fast wireless charging. Nightstand-friendly LED indicators and an anti-slip surface suit busy professionals. Magnetic alignment ensures efficiency and dependable charging every time. Perfect for South African entrepreneurs syncing devices during back-to-back Zoom calls without cable clutter. Available from R1,499.00 online and in-store. For more information www.belkin.com Sony WH-1000XM6 Over-Ear Headphones Sony’s latest 2025 model features upgraded 30mm drivers that deliver studio-quality audio for calls and support 360 Reality Audio. It includes AI-driven wind noise reduction for clearer outdoor communication, along with 30 hours of battery life and a quick-charge option, making it ideal for travel. Additionally, it offers excellent sound quality and noise cancellation, making it one of the best options for noise-cancelling headphones on the market. Available from R6,899.00 online and in-store. For more information https://www.sony.com/za8 December/January 2025/26December/January 2025/26 Summer is the season for restoration, and few destinations offer a more grounding reset than Simbavati Waterside in the southern Klaserie Private Nature Reserve. Anchored beside a wildlife-rich dam, this elegant lodge is designed for travellers seeking a safari that restores as much as it exhilarates. Guided by Simbavati’s signature Africalm philosophy, the experience embraces unhurried routines, soft morning light and the timeless pleasure of watching the bush come alive at the water’s edge. Days at Waterside follow a natural rhythm: sunrise and golden-hour game drives, quiet time around the pool, soothing spa treatments, and easy conversation around the fire as the reserve settles for the night. The lodge’s intimate scale encourages immersive sightings and a calmer pace, ideal for guests looking to decompress before year-end or begin the new year fully grounded. Throughout the year, elephants, hippo, buffalo and an array of predators visit the dam, offering game viewing that continues long after the vehicle has stopped. Simbavati Waterside pairs with its Simbavati WatersideSimbavati Waterside …where water brings the bush to life…where water brings the bush to life TRAVEL & LEISUREDecember/January 2025/26December/January 2025/26 9 sister property, Simbavati Hilltop Lodge. While Waterside immerses you in the life of the dam, Hilltop opens out over sweeping bushveld panoramas and distant horizons. Together, they offer a compelling two-perspective safari: waterside tranquillity complemented by elevated, wide-angle views. A suggested four-day itinerary includes two nights at each lodge, balancing mindful sunrise drives, spa time, starlit dinners and slow breakfasts overlooking the reserve. For those craving an even deeper bush encounter, the newly launched Shilope Sleep Out Deck is a memorable highlight. Elevated above a remote section of the reserve, it offers a luxury tented night under the stars, framed by uninterrupted views of the unspoilt Klaserie wilderness. Accommodation at Waterside includes two luxury water-facing suites, each featuring a king bed (or twin), spacious en-suite bathroom, indoor and outdoor showers, and a private game-viewing deck over the dam. Sophisticated décor, intuitive hospitality and sublime cuisine complete a safari that feels beautifully curated yet wonderfully unhurried.◼ ◼ For more information or to book | www.simbavati.com | res@simbavati.com | +27 (0)87 151 4520 | TRAVEL & LEISURENext >