Strategic Performance Management Approach

Strategy selection and execution can only be achieved by interacting with appropriate information, defining clear objectives, and managing performance. Taking a strategic approach to collating and distributing essential information will seamlessly allow the vision of performance management to become a reality that will significantly increase global business performance and profit.
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Having policies and procedures in place to manage risk and maintain compliance is essential. But these will only be truly effective if your employees are made aware of your policies and procedures and understand how their behaviour can impact on them – for good or bad! Using KAT our new Online Knowledge and Training Software

Dr Mark Germishuys International Director
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RiskSecure takes the Lead

RiskSecure has been successfully implemented today in over 15 countries for Mobile Wallet implementations, and it has been done in full compliance with AML and KYC regulations. All of the OFAC and Sanctions List checks that occur in RiskSecure occur daily. The customer identification and Know-Your-Customer requirements have reached a very advanced stage due the experience and knowledge gained from numerous implementations. Many of our mobile operators and banks have already engaged with regulators to agree with them the right regulatory environment to allow these services to flourish in the right way. Due to the vast functionality offered within RiskSecure we can meet regulatory requirements internationally.

Dr Mark Germishuys International Director
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MTN weighs merger with Reliance

The board of South African operator MTN is considering a merger with India’s Reliance Communications, according to the Economic Times. Reliance Communications chairman Anil Ambani will fly to Johannesburg on Sunday, fuelling speculation that he will meet with MTN to discuss a merger plan, said the Hindustan Times.

Abu Dhabi-based Etisalat is also reported to be in talks about taking up to 45% in the operator, India’s second largest. "Both [deals] look fairly reasonable, but the one which is from Abu Dhabi looks a little bit more advanced," a person close to the deal told ET on Thursday. A deal with MTN would be a case of second time lucky for Reliance.

The pair’s plans for an equity swap deal in 2008 were thwarted when Reliance Industries, controlled by estranged brother Mukesh Ambani of RCom boss Anil Ambani, invoked his first refusal rights as part of a non-compete deal inked by the brothers in 2006.

That non-compete clause was laid to rest last month. RCom will use the funds from a divestment to help pay back its $6.2 billion debt, which recently swelled by $1.8 billion thanks to 3G, said the WSJ.

Nicole McCormick | June 04, 2010 telecomasia.net
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MTN weighs merger with Reliance

The board of South African operator MTN is considering a merger with India’s Reliance Communications, according to the Economic Times. Reliance Communications chairman Anil Ambani will fly to Johannesburg on Sunday, fuelling speculation that he will meet with MTN to discuss a merger plan, said the Hindustan Times.

Abu Dhabi-based Etisalat is also reported to be in talks about taking up to 45% in the operator, India’s second largest. "Both [deals] look fairly reasonable, but the one which is from Abu Dhabi looks a little bit more advanced," a person close to the deal told ET on Thursday. A deal with MTN would be a case of second time lucky for Reliance.

The pair’s plans for an equity swap deal in 2008 were thwarted when Reliance Industries, controlled by estranged brother Mukesh Ambani of RCom boss Anil Ambani, invoked his first refusal rights as part of a non-compete deal inked by the brothers in 2006.

That non-compete clause was laid to rest last month. RCom will use the funds from a divestment to help pay back its $6.2 billion debt, which recently swelled by $1.8 billion thanks to 3G, said the WSJ.

Nicole McCormick | June 04, 2010 telecomasia.net
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