Made with FlowPaper - Flipbook Maker
BusinessBrief DOES AI ENABLE STRATEGY OR CREATE DISTRACTION? MISSION FOCUS IN-HOUSE INNOVATION - ARE BOARDS STILL PRICING THE PAST? AI LITERACY - CAN BOARDS GOVERN WITHOUT UNDERSTANDING? COMPANIES AMENDMENT ACT - IMPACT FOR COMPANIES AND AUDITORS SARS’S DIGITAL BORDER BUREAUCRACY - PROGRESS OR POINTLESS COMPLIANCE? PRECCA AMENDMENT BILL - CORRUPTION IS ABOUT TO GET FAR MORE EXPENSIVE? August/September 2026 Volume 31 No 4R82.00 (incl VAT)Other African Countries R71.30 (excl tax) TRAVEL & LEISURE LUX* LAKE KIVU RUANDA ONE&ONLY CAPE TOWNBenchmade Knife Company. Dezzi Equipment. Manufacturers just like yours. Built for Manufacturers. Proven in the Field. Read the Stories August/September 2026 3 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 98 CONTENTS VIEWPOINT σ INDUSTRIAL ELECTRIFICATION - POWERING AFRICA’S ECONOMIC FUTURE? σ AI AND DATA-DRIVEN MINING - CREATING VALUE BEYOND MINERALS 12 MANAGEMENT σ AI LITERACY - CAN BOARDS GOVERN WITHOUT UNDERSTANDING? σ AI AND SMES - COMPETING ON CAPABILITY, NOT SIZE 18 EDUCATION & TRAINING σ SKILLS DEVELOPMENT - AN INVESTMENT OR A EXPENSE? σ COEDUCATION - SHOULD SCHOOLING MIRROR SOCIETY? 26 LEGAL σ COMPANIES AMENDMENT ACT - IMPACT FOR COMPANIES AND AUDITORS σ PRECCA AMENDMENT BILL - CORRUPTION IS ABOUT TO GET FAR MORE EXPENSIVE? 32 TAX σ SARS’S DIGITAL BORDER BUREAUCRACY - PROGRESS OR POINTLESS COMPLIANCE? σ CRYPTO ASSET TAXATION - SARS PUBLISHES DRAFT GUIDE FOR COMMENT 46 FINANCE & EQUITY σ E-INVOICING IN AFRICA - ARE YOU READY FOR REAL-TIME COMPLIANCE? σ BLACK PRIVATE EQUITY - SUBSTANCE OVER FORM IN B-BBEE STRUCTURING 52 ASSETS & INVESTMENTS σ IN-HOUSE INNOVATION - ARE BOARDS STILL PRICING THE PAST? σ WEALTH CREATION - INCOMPLETE WITHOUT PRESERVATION PLANNING 60 BANKING & INSURANCE σ PAYMENT SECURITY STARTS WITH DESIGN σ HEALTHCARE INSURANCE - IS GAP COVER ALWAYS ENOUGH? 66 MARKETING & SELLING σ TRUST IN COMMUNICATIONS - NOW MORE VALUABLE IN THE AI ERA? σ LOYALTY PROGRAMMES - IS INDIFFERENCE YOUR BIGGEST THREAT? 70 HUMAN CAPITAL σ WORKPLACE INDIVIDUALISM - REHUMANISING THE WORKFORCE? σ HYBRID LEADERSHIP - THE CHALLENGE OF COMPLACENCY? 76 TECHNOLOGY σ MISSION FOCUS - DOES AI ENABLE STRATEGY OR CREATE DISTRACTION? σ CYBERSECURITY RESILIENCE - WHY AI RAISES THE STAKES? 84 PROCESS & OPERATIONS σ BUILDING COMPLIANCE - ACCOUNTABILITY BEYOND INSPECTIONS σ IDENTITY SECURITY - WHEN ACCESS BECOMES THE RISK 92 COVER STORY THESE MATTERS MATTER4 August/September 2026 PUBLISHING 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 james@bbrief.co.za TECHNOLOGY & GADGETS Steven Ambrose steven@strategyworx.co.za CONTRIBUTORS Please see the list of this edition’s contributors on page 98 ADMINISTRATION/ SUBSCRIPTIONS Dr Abednico Banda admin@bbrief.co.za ADVERTISING Trevor Ormerod +27 (0)83 299 7070 trevor@ormedia.co.za Laetitia Eksteen +27 (0)82 738 3765 laetitia@ormedia.co.za Dr 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 THE TEAM PUBLISHER’S NOTE CPD/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 MORE MATTERSreachforadream.org.za DREAMS MATTER reach for a dream6 August/September 2026 BRIEFCASE Samsung Galaxy Watch8 The Samsung Galaxy Watch8 is the thinnest Galaxy Watch yet, offering advanced health and wellness insights, sleep coaching, stress monitoring and Galaxy AI features in a sleek, professional design. Long battery life and smart notifications help busy executives track performance, manage wellbeing and stay connected without constantly checking a phone. Available from major retailers for approximately R5,499.00 - R7,999.00. For more information www.samsung.com/za Sennheiser HDB 630 High Resolution Headphones The Sennheiser HDB 630 combines audiophile-grade sound with adaptive noise cancellation and up to 60 hours of battery life, delivering exceptional clarity for calls, focused work and travel. Its detailed, neutral tuning and professional comfort make it perfect for executives who prioritise high-quality audio and long listening sessions without distraction. Available from specialist audio retailers for approximately R12,995.00. For more information www.sennheiser.com ASUS ExpertBook Ultra This premium business AI laptop delivers strong on-device AI performance, long battery life and a lightweight professional design optimised for hybrid work and travel. Security features, excellent keyboards and Copilot+ capabilities make it a reliable productivity tool for executives handling documents, meetings and complex workflows. Available from major IT retailers for approximately R49,999.00 – R59,999.00 depending on configuration. For more information www.asus.comAugust/September 2026 7 BRIEFCASE ASUS Zenbook DUO (2026) The ASUS Zenbook DUO features dual 14-inch OLED displays that transform into a powerful dual-screen workstation for multitasking, presentations and creative work on the move. With high AI performance, long battery life and a premium lightweight chassis, it suits executives who need flexible screen real estate without carrying a separate monitor. Available soon from specialist IT retailers - pricing from approximately R51,999.00. For more information www.asus.com Samsung Galaxy Z Fold8 The Samsung Galaxy Z Fold8 is the latest flagship foldable, delivering a large inner tablet- like display that opens for seamless multitasking, document review and presentations while remaining pocketable when closed. Powered by the Snapdragon 8 Elite Gen 5, Galaxy AI features and a refined ultra- slim design, it is ideal for executives who need a single device that functions as both a high-end smartphone and a portable workstation. Available in South Africa from mid-August 2026, starting at approximately R40,999.00. For more information www.samsung.com/za8 August/September 2026 LUX* Lake Kivu sits on the shores of Lake Kivu in Rwanda’s western province. Instead of following the usual fast-paced safari schedule, this small 14-room luxury retreat encourages guests to relax and take in one of Africa’s most beautiful and lesser-known places. T he resort’s location is its biggest attraction, with wide views over Lake Kivu and Rwanda’s green hills in the background. The modern buildings fit in with the surroundings, and the simple interiors complement the scenery. Guests can appreciate nature, comfort, and wellbeing in both the suites and the private villa. Relaxing is easy at LUX* Lake Kivu, but guests can also explore more of Rwanda. You can try early-morning kayaking, sunset cruises, or island-hopping to see the lake in new ways. Guided hikes, visits to coffee plantations, and walks along the Congo- Nile Trail help visitors discover Rwanda’s scenery and local life. Travellers can book trips to see the gorillas in Volcanoes LUX* Lake Kivu, Ruanda TRAVEL & LEISUREAugust/September 2026 9 National Park or the chimpanzees in Nyungwe Forest. Dining at the resort includes local flavours, with fresh ingredients used in the restaurants, outdoor meals led by the chef, and traditional Rwandan cooking sessions. Wellness is also a key part of the stay, with sunrise yoga by the lake and spa treatments at LUX* ME Spa adding to the relaxed atmosphere. LUX* Lake Kivu is the first hotel in The Lux Collective’s new Rwanda Tourism Circuit. It shows how Rwanda is becoming a top choice for luxury travellers who care about sustainability, culture, and unique experiences. For those looking for more than just another luxury lodge, LUX* Lake Kivu offers something special - a chance to unplug, slow down and experience Rwanda at a relaxed pace. For more information or to book | www.luxresorts.com | info@luxlakekivu.com | +250 784 280 999 | TRAVEL & LEISURENext >