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The risks of business ownership

07 March 2017

For most South Africans the occasional brush with crime is an unfortunate inevitability, particularly in major centres. For business owners however, this alarming trend is especially unnerving, given their reliance on stock and increasing competition from online retail sites.

Security companies and their clients face multiple liability risks

07 March 2017

With the increased demand for private security services in South Africa, Johannes du Plessis, legal advisor at RBS (Risk Benefit Solutions Pty Ltd), an authorised financial services provider, warns that security companies and their clients face significant civil and criminal liability risks.

Adjusting to a new normal in a risk based world

02 March 2017

There is no doubt that we live in a risk based world. From tropical storms and droughts to earthquakes and riots, the world that we live in today is a far cry from the one that we lived in 20 years ago.

The Eurogroup agrees to resume negotiations with Greece over its bailout review

28 February 2017

Eurozone finance ministers met in Brussels on February 20 to assess Greece’s progress in fulfilling the conditions of its €86-bn bailout. No final deal has been reached but finance ministers agreed to send again teams of experts to Athens to try to conclude an agreement on the bailout’s second review, the last mission broke down late last year. The Greeks had previously made concessions on new cost-saving measures.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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