Promoting
Ethics and Honesty
in organisations globally
We offer a whistle blowing hotline service that contributes to fraud prevention both within companies and South Africa, resulting in an overall lower crime rate. Read our latest blog on fraud prevention below.
Ethics June 25, 2015
Shoplifting, administrative errors and employee or supplier fraud costs retailers billions every year. According to a survey by the National Trade Federation (NRF), shoplifting accounted for the largest portion of the loss at 38%, followed by employee theft at 34.5%, administrative and paperwork theft at 16.5%, vendor fraud or error at 6.8% and unknown loss…
Ethics May 27, 2015
Whistleblowers have saved companies billions of Rands over the last decade which is why companies need a Whistleblowing program, however, Whistleblowers have not always received the protection or the appreciation they deserve.
Ethics April 23, 2015
The purpose of whistleblowing is to eradicate unethical behaviour in the workplace. A key component to workplace ethics and behavior is integrity, or being honest and doing the right thing at all times which highlights the importance and purpose of Whistleblowing 25% of employees would steal, 25% would never steal, 50% could go either way…
Ethics April 15, 2015
Whistleblowers for every organisation are a must. Whistleblowing is a proven fraud and corruption preventative measure and deterent. Whistleblowing is consistently the most common detection method, by a significant margin, for cases of occupational fraud. The longer frauds last, the more financial damage is caused, therefore proactive detection measures, such as a whistleblowing hotline, are…
Ethics March 26, 2015
Ethical culture is on the increase and the whistleblowing phenomenon is not going away. The Securities and Exchange Commission (“SEC”) recently released its annual report, which had some eye-opening statistics and facts for companies. Chief among those was the fact that, of the whistleblowers that came forward to report fraud to the SEC, over 80%…
Ethics March 18, 2015
The Ethics Resource Center (ECR), found that in companies with comprehensive ethics and compliance programmes in place to reduce workplace crime, only 29 percent of employees fail to report misconduct they observe, in contrast to 61 percent in companies with no formal ethics and compliance programmes. Nevertheless, still less than 40 percent of employees state…
Ethics March 12, 2015
Small businesses are vulnerable to fraud as it poses a significant threat, warns the head of a corruption monitoring firm. Small companies are disproportionately victimized by fraud and significantly under protected by anti-fraud controls, a combination that could easily put them out of business. “In South Africa, everyone needs to be brought into the crime-fighting…
Ethics March 04, 2015
In terms of Whistle Blowers standard contract, each client receives a unique, dedicated freecall number to our technologically advanced, fully computerized, live, multilingual manned call centre for verbal reports, and an e-mail address, postal address and fax number for written reports. All irregularities disclosed to our call centre are reported to designated parties, stipulated in…
Fraud Prevention February 29, 2012
A whistle blowing system system is an essential element of any fraud preventing policy. The Companies Act (2008) – Section 159 states in item (7)….“a public company and state owned company must directly or indirectly – (a) establish and maintain a system to receive disclosures contemplated in this section confidentially and act upon them a….
