Business for SA has performed a comprehensive risk assessment of the significant strategic risks arising from the COVID-19 crisis. Most of the risks faced are not discrete, but are interconnected and form a network of risks with cross dependencies and influences. Further, they are changing rapidly and what was at the apex in one week can become weak or irrelevant in a very short space of time. In such a situation it is not sufficient to assess the risks using only likelihood and impact.
The risk assessment has gone beyond the conventional two-dimensional approach to depicting risk and has taken a four-dimensional view by including considerations of risk interconnectedness and velocity. This enables consideration of the contagion effect of risks and will assist to identify and highlight those risks which, when addressed, will have the greatest effect on mitigating the other risks.
To view the full document, please go to https://www.businessforsa.org/wp-content/uploads/2020/04/B4SA-COVID-19-Risk-Findings-Report.pdf
The DRA analysis is a strong tool to guide action plans, allowing maximum use of the resources available and is being shared with Government and business, as various risk owners, for their consideration.
Given the technical nature of the assessment set out in this report we would encourage participation of the presentation sessions as per the slots below:
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Tues, 05 May; 07:30 to 08:30am |
Tues, 12 May; 07:30 to 08:30am |
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Wed, 06 May; 07:30 to 08:30am |
Wed, 13 May; 07:30 to 08:30am |
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Thurs, 07 May; 07:30 to 08:30am |
Thurs, 14 May; 07:30 to 08:30am |
To enrol for any of the above sessions please contact:
Daniella de Gouveia: +27 66 307 0846
Daniella.de.Gouveia@businessresponsecovid19.co.za
In addition to the presentation sessions above, we would be willing to present the report findings in any of your forums as you deem appropriate. A recording of these sessions will also be made available to those members that were not able to attend.
BUYERS’ GUIDE: PROCEDURE FOR EVALUATING POTENTIAL PPE SUPPLIERS
Business for SA’s Health Workgroup assists in securing PPE and medical device equipment in South Africa, it is paramount that the procedures it uses throughout its sourcing and procurement functions are established, agreed upon, recorded and disseminated to relevant stakeholders.
The purpose of this Buyer’s Guide is to outline the supplier vetting process undertaken by this team as they secure supply of PPE and medical devices for South Africa – across both the public and private sectors.
To access the full Buyers’ Guide, please go to
https://www.businessforsa.org/buyers-guide-procedure-for-evaluating-potential-ppe-suppliers/
GUIDELINE ON MEDICAL SCHEME, RETIREMENT FUND AND RISK BENEFITS AND SKILLS DEVELOPMENT LEVY RELIEF
The national lockdown has had various employment law consequences including disruption of normal remuneration processes. In respect of employees who are not working due to the lockdown (i.e. those who are not in essential services and who are not working remotely). This situation will continue in various respects even with the 1 May 2020 shift to level 4 as announced last night by President Ramaphosa.
While B4SA has called for maximum possible generosity in this regard, employers do not have a legal obligation to pay employees who are not rendering services during the lockdown period. The legal position has been mitigated by the COVID-19 TERS benefit in that employees who lose, or may lose, income will have access to a special UIF benefit. However, the COVID-19TERS benefit is limited and does not cover entire salaries. This raises the question as to how to deal with pension and medical contributions, especially where non-payment of contributions may result in termination of membership.
For the full guideline on how to deal with medical scheme, retirement fund and other risk employee benefits, please go to
https://www.businessforsa.org/medical-scheme-retirement-fund-and-risk-benefits-during-the-covid-19-lockdown-and-skills-development-levy-relief/. The document also deals with the Skills Development Levy Relief.
GUIDELINES FOR A GOOD CLOTH FACE MASK
PLEASE PAY YOUR SMME SUPPLIERS
525 000 SMMEs and 6.6 MILLION JOBS AT RISK
The CEO Initiative, which was established in 2016 as a collaboration between government and business to address some of the most pressing challenges to the country’s economic growth, has supported the call of Business for SA (B4SA) for all large companies to pay their SMME creditors.
To read the statement, please go to https://www.businessforsa.org/wp-content/uploads/2020/04/CEO-Initiative-Statement-Payment-of-SMEs-13-April-2020.pdf
To find out about temporary relief for employers and employees through the UIF, go to https://www.businessforsa.org/c-19-ters-benefit-what-you-need-to-know/
WHATSAPP BOT FOR SMME COVID-19 SUPPORT
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CONTRIBUTE TO THE SOLIDARITY FUND
The purpose and mandate of the Solidarity Fund, announced by President Cyril Ramaphosa, is to mobilise and coordinate efforts and resources from all South Africans and the international community to assist the most vulnerable South Africans to deal with the impact of Covid19 and the consequences of measures intended to slow its rate of infection.
Details on how to donate are available on the Fund’s website www.solidarityfund.co.za
FOLLOW US ON SOCIAL MEDIA
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OFFICIAL GOVERNMENT REGULATIONS AND GUIDELINES ON COVID-19
All official government regulations and guidelines are available at https://www.gov.za/coronavirus/guidelines