internal audits

The Rise of Parametric Insurance: A Game-Changer in Finance and Risk Management

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In 2025, the financial and insurance sectors are changing fast. Parametric insurance is leading this change. It’s a new way to handle risks, making insurance more efficient and clear. Let’s explore how parametric insurance works, its benefits, and its growing role worldwide. What Is Parametric Insurance? Parametric insurance pays out based on specific events, like weather or earthquakes. … Read more

national treasury

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Public Finance Management Controls in South Africa play a critical role in ensuring transparency, accountability, and efficiency in the use of public resources. These controls are essential to safeguard taxpayer money and to promote sound governance within national and provincial departments. This regulatory framework is clearly defined in the Public Finance Management Act (PFMA) of 1999, which … Read more