Identifying, Combating And Reporting Extortion in the Business Enviroment

The business environment of South Africa is well known to be targeted by organized crime activities with the intent to extort business profit benefits.

This organized extortion applies threats to the lives of employees as a method to sway a business to employ dishonest conduct of complying with the threats and petitions made by organized crime. This organized crime applies further financial duress to the business throughout the threats.

Recommended procedures and Laws are at the business’s disposal in combatting organized crime. But is it working?

Ignoring this crime by complying does not assist in the development of our economic growth.

During this event, we aim to look at the solution when all else fails.

The Laws of South Africa are very precise when it comes to corruption with severe penalties.

With the Economic, Social, and Governing Reporting Initiative, we will focus on what businesses must apply in compliance with the ESGR. This reporting process will be focused on the combat of extortion.

We will also ask how South African Business compares to International Standards in the combat of extortion.

Speakers:

SAPS General (Ret.) Kuby Moodley

Attorney - Bennie Reynders,

Proman-Ops Jas Smit

Gauteng Labour Department

Small Enterprise Development Agency

Points of Interest:

Investing into the South African Labour Department in the combat of corruption

How do we incorporate SMMEs into company projects?

Is the South African Police Services actively assisting in the prevention of corruption and Extortion?

What Litigation Process is effective in securing Business when confronted with corruption and extortion?

Are there other means to operate a business with the intent to prevent corruption and extortion?