Lifestyle Audits

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MANAGING PUSHBACK: HOW TO HANDLE EMPLOYEES RESISTING LIFESTYLE AUDITS

Lifestyle audits are becoming a more visible tool for employers seeking to protect integrity and mitigate corruption risk. In South Africa, several provinces recently reported to Parliament on their efforts to implement the government directive on lifestyle audits, and the recurring challenges are familiar: resistance from civil servants, limited internal capacity, and the high cost […]
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THE ROLE OF LIFESTYLE AUDITS IN FRAUD PREVENTION AND RISK MANAGEMENT

In an era where global financial crime and corruption are rife, we see how quickly trusterodes, and organisations have to deploy smarter tools to protect themselves. One such tool rising to prominence in South Africa and globally is the lifestyle audit. More than a curiosity-driven probe, a properly conducted lifestyle audit is a focused, ethical and practical instrument for fraud prevention and risk management, when integrated into […]
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THE TRUE COST OF ONLINE GAMBLING IN SOUTH AFRICA: PROTECTING COMPANY REPUTATION AND BOTTOM LINE

The rise of online gambling platforms in South Africa presents both opportunities and significant risks for companies. While “gambling” may evoke images of leisure, the reality is that unchecked engagement in online betting can lead to serious consequences, financially, reputationally, and operationally. Recent industry reports and research highlight the alarming costs associated with employees involved […]
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THE RISE OF GAMBLING IN SOUTH AFRICA: PROTECTING YOUR COMPANY FROM EMPLOYEE RISK

South Africa is currently experiencing a surge in gambling and betting activities, with the industry experiencing unprecedented growth. According to the National Gambling Board of South Africa, gross gambling revenue for the 2023/24 financial year hit R59.3 billion, marking a 25.7% rise from the previous year. Increased betting activities mainly drive this surge, as players chase sports bets and online platforms, while the […]
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WHY LIFESTYLE AUDITS ARE ESSENTIAL: A LESSON FROM A MINING DISASTER

In an era where integrity and transparency are more critical than ever, the importance of implementing lifestyle audits cannot be overstated, especially in sectors prone to fraud and misappropriation. Recent incidents, such as a high-profile case on a South African mine, highlight the risks of neglecting oversight and underline why organisations should integrate lifestyle audits […]
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LIFESTYLE AUDITS — BEYOND THE CRIMINAL RECORD

In recent years, South Africa has witnessed numerous high-profile corruption cases that underscore the need for more comprehensive checks in the fight against crime and misconduct. Many of these cases reveal how individuals involved in corruption, fraud, or other illicit activities often appear to lead seemingly ordinary lives, making it challenging for organisations or authorities to accurately assess their risk profiles based solely on […]
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Jenny Reid

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