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Oversight matters: Spotting payroll fraud in a digital world

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South Africa

Companies combine oversight and payroll platforms to stop criminals from stealing millions

JOHANNESBURG, South Africa, May 19, 2026/APO Group/ –South Africa’s government has put payroll fraud in its crosshairs. In its latest Budget Review document, the National Treasury prioritises digital payroll systems for state entities, combatting what some outlets have reported as over R4 billion in annual losses through fraudulent payroll payments.

This problem is not limited to the public sector. The Chartered Institute of Payroll Professionals estimates that South African businesses lose around R100 million annually through payroll fraud. Many of the cases involve manual and paper-based payroll systems that are easy to manipulate.

 

The adoption of digital payroll platforms can reduce and catch fraud before it becomes a serious issue. However, going digital is not enough, says Yolande Schoültz, founder of YSchoültz Attorneys and one of SA’s foremost payroll fraud experts.

 

“There is no doubt that digital systems are better than paper-based payroll management. But a digital system only makes it much easier to track down and stop fraud. The organisation must still put the right measures in place, such as approval policies and oversight checks.”

 

Payroll fraud red flags

 

Perpetrators of payroll fraud commit their crimes in several ways. A lone individual might skim money unnoticed by creating ghost employees or redirecting payments. They might collude with former employees, leaving the latter’s details on the system and splitting their salary payments.

 

Whatever the method, the most common aspect of payroll fraud is an administrator operating under little or no oversight, says Schoültz.

 

“There should be a chain of custody, such as someone signing off on salary calculations and doing spot checks to ensure everything is legitimate. But it’s amazing how often, even at large companies, the payroll administrator is working on their own and is the only one with proper access to the payroll system.”

 

If you can access regular reports and integrate payroll data with other systems, it becomes much harder for people to commit fraud, and much easier for you to catch them if they do

Payroll fraud has several red flags, including:

 

  • Unapproved bank accounts or changes to banking details.
  • Changes to employee, account, or reporting information right before or after a payroll run.
  • Excessive overtime, since payroll fraudsters often put in disproportionate hours to maintain control.
  • Strange login and backup hours, another attempt to maintain control and avoid scrutiny.
  • No system locks during payroll runs that would avoid manipulation of records and calculations.
  • Manually feeding calculations into other systems.
  • Frequent payment errors.
  • Payroll software isolated to one device that only the payroll administrator can access.

 

Individually, some of these warnings can be innocuous. They can be signs of an overworked administrator or lacking workplace strategies. But the presence of several is reason to be concerned, and some (such as changed banking details) are immediate cause for alarm.

 

Preventing payroll fraud with technology

 

Modern payroll platforms help organisations reduce fraud, but only when used correctly and alongside other safeguards.

 

“There is no magical app that just changes how you operate,” says Sandra Crous, managing director of payroll provider Deel Local Payroll. “A nutrition app won’t automatically get you to eat less, and a fitness app won’t suddenly get you to exercise more. You still have to make changes and use the app to reinforce your new behaviours. A payroll platform gives a business the tools to oversee and manage payroll through different layers, but the business must use those tools in accordance with its policies.”

 

Spot checks can quickly reveal issues that require more scrutiny. Payroll platforms support fraud detection and financial diligence in several ways:

 

  • System and bank account changes: The platform provides reports and audit trails, and generates custom reports for authorised employees.
  • Isolated access: Modern payroll platforms operate as cloud software, accessible to multiple authorised users and devices.
  • Single users: Secure accounts that give different people, such as auditors, finance directors, and HR heads, access to dashboards and reports.
  • Manual data entry: Payroll platforms integrate with other systems of record, sharing payroll data automatically and leaving no room for interference.
  • Obscure payroll information: Employee self-service (ESS) features enable employees to access payslips and other information directly, helping them spot irregularities.

 

An organisation must create oversight through clear policies, spot checks, and leadership oversight. The right payroll platform can even help people with limited payroll knowledge uncover strange behaviours.

 

“You won’t spot payroll fraud if you keep looking for big changes and payments,” says Schoültz. “Most payroll fraudsters siphon money over a long time and across multiple bank accounts, making it harder to detect. That’s much easier with paper-based systems, spreadsheets, and older payroll software. But if you can access regular reports and integrate payroll data with other systems, it becomes much harder for people to commit fraud, and much easier for you to catch them if they do.”

Distributed by APO Group on behalf of Deel Local Payroll, powered by PaySpace.

 

Energy

Kosmos Energy Chief Executive Officer (CEO) Andrew Inglis to Receive Mohammed S. Barkindo Lifetime Achievement Award at African Energy Week (AEW) 2026

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African Energy Chamber

Inglis is recognized for more than four decades of industry leadership, spanning major African oil and gas developments, entrepreneurship, workforce development and community investment

JOHANNESBURG, South Africa, October 5, 2026/APO Group/ –Andrew Inglis, Chairman and CEO of international energy company Kosmos Energy, has been selected as the winner of the African Energy Week (AEW) 2026’s Mohammed S. Barkindo Lifetime Achievement Award for his dedication to advancing African energy projects and ongoing commitment to strengthening community development continent-wide. The award recognizes a career spanning more than four decades and an enduring contribution to the development of Africa’s energy industry.

 




  

Inglis joined Kosmos as Chairman and CEO in 2014 following 30 years at bp, where he rose to become CEO of Exploration and Production. Since then, he has overseen Kosmos’ growth across some of West Africa’s most important offshore basins, helping translate major discoveries into producing assets while supporting investment in local businesses, professionals and communities.

Andrew Inglis represents the kind of leadership Africa needs – leadership that finds resources

Central to this legacy is the Greater Tortue Ahmeyim (GTA) LNG development, situated on the maritime border of Mauritania and Senegal. Kosmos discovered the Tortue field in 2015, opening a major new gas province that ultimately underpinned GTA. First LNG production was achieved in 2025 and the project continues to move into ramp-up and optimization in 2026. Additional liquefaction capacity is expected to come onstream in phases, with a portion of gas allocated for the domestic markets in Mauritania and Senegal. In Q2, 2026, gross production averaged approximately 2.65 million tons per annum and nine LNG cargoes were lifted during the period.

In Ghana, Kosmos continues to invest in the Jubilee and TEN fields. A multi-well drilling campaign in 2026 has driven Jubilee production higher, with new wells supporting gross output above 85,000 barrels per day by the end of the second quarter and further development planned. Earlier this year, Ghana ratified extensions to the Jubilee and TEN licenses through 2040, providing the foundation for additional investment and drilling. Kosmos Energy has also played a central role in strengthening Equatorial Guinea’s production landscape. Inglis oversaw Kosmos’ expansion in the country, where the company invested in the Ceiba Field and Okume Complex from 2017 until completing the sale of its producing interests to Panoro Energy in June 2026.

Yet Inglis’ impact goes far beyond project development. Under his leadership, Kosmos has advanced its local content strategy, centered on capacity building, education and entrepreneurial support as well as social development. The Kosmos Innovation Center (KIC) has supported entrepreneurship in Ghana, Mauritania, Senegal and Ivory Coast. Since inception, KIC programs have trained more than 5,600 people, supported 185 businesses, helped launch more than 220 startups and contributed to more than 700 direct jobs. In Equatorial Guinea, Kosmos supported education, healthcare and community initiatives, including the PRODEGE education program, which trained two-thirds of the country’s primary-school teachers during its first five years.

“Andrew Inglis represents the kind of leadership Africa needs – leadership that finds resources, invests for the long term and understands that the ultimate measure of success is the opportunity created around those investments. From GTA and Ghana to the entrepreneurs, workers and communities Kosmos has supported, his impact extends far beyond barrels and molecules. He has helped build businesses, develop people and demonstrate the enormous value that responsible investment can create across Africa,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

Inglis will received the Mohammed S. Barkindo Lifetime Achievement Award at the AEW Gala Dinner & Awards Ceremony, taking place during the conference next month. Convening international investors, African governments and leading operators from October 12-16, the event is positioned as Africa’s energy marketplace.

Distributed by APO Group on behalf of African Energy Chamber.

 

 




 

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Business

Africa’s Biggest Energy Movement Returns to Cape Town Next Week

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African Energy Chamber

Taking place October 12-16, African Energy Week is one of the continent’s major gathering, convening more than 10,000 international delegates for five days of dealmaking

CAPE TOWN, South Africa, October 5, 2026/APO Group/ –In one week, more than 10,000 delegates will converge in Cape Town to access Africa’s next generation of energy investment opportunities as African Energy Week (AEW) 2026 brings projects, capital and decision-makers together from October 12-16.

As Africa’s biggest energy movement, AEW 2026 is built for business. Through dedicated investment forums, country spotlights, the Deal Room, investor briefings, roundtables and high-level networking, the event will provide direct access to the projects and decision-makers driving Africa’s next phase of energy development.

 




  

Multiple Tracks, One Strategic Focus

AEW 2026 will deliver a multi-track agenda designed to move investment discussions across the energy value chain. The AEW Townhall will tackle the major strategic issues shaping Africa’s energy future, while the Upstream E&P Forum will put exploration, licensing, drilling and production growth at the center of discussions.

The Energy Finance Forum will connect projects and developers with capital, while the Energy Additions Forum will examine the mix of resources and infrastructure required to expand energy access and support industrialization. The Downstream & Petrochemicals Forum rounds up the main conference stages and will turn attention to refining, fuels, petrochemicals and opportunities for African markets to capture greater value from their resources.

More Platforms, More Investment Pathways

Beyond its core forums, AEW 2026 will feature dedicated platforms targeting some of Africa’s fastest-growing investment opportunities. A pre-conference will set the tone for the week’s discussions, featuring sessions including the 8th Meeting of the APPO NOCs CEOs Forum; Global Energy Leaders Forum; the Deal Room; and African Farmout Forum.

Next week, Cape Town will bring the industry together with one objective: getting African energy projects moving

Renegade Intel will bring artificial intelligence, data centers and digital infrastructure into the energy conversation, while Power Africa Today will focus on the investment, infrastructure and technologies required to expand electricity supply across the continent. Dedicated technical stages will provide space for specialized industry discussions, while roundtables and investor briefings will bring smaller groups of decision-makers together around specific projects, markets and investment requirements.

Africa’s Investment Markets Take the Stage

AEW 2026 will put some of the continent’s most dynamic energy markets directly in front of international investors through dedicated country spotlights. South Africa, Nigeria, Gabon, Ghana, Namibia, Mozambique, the Republic of Congo, Algeria, Senegal, Equatorial Guinea and more will take the stage, providing governments and industry leaders with an opportunity to present investment strategies, policy developments, available acreage and priority projects.

Petroleum ministers from across the continent are participating, bringing their respective investment priorities and opportunities directly to an international audience. The President of Senegal has designated a high-level representative to speak at AEW 2026, while ministers from the Democratic Republic of Congo, Gabon, South Africa, Equatorial Guinea, Niger, Kenya, and more are also participating. International government is also confirmed, including senior representatives from Brazil, Japan, Venezuela, the United States, Grenada, among others.

Beyond the Conference Floor

Dealmaking at AEW 2026 will extend well beyond formal conference sessions. On Monday, October 12, the Just Energy Transition Concert will open the week by bringing African music and energy together, featuring Keasungs, Mafikizolo, Roga Roga & Extra Musica and DJ Dollar before Nigerian star Adekunle Gold closes the evening as the headline act.

A program of networking functions throughout the week will create additional opportunities for investors, government representatives and executives to build relationships and advance discussions outside the conference rooms. The African Energy Awards & Gala Dinner will bring the industry together to recognize the companies, projects and individuals driving Africa’s energy development, providing a high-level conclusion to AEW’s wider networking and engagement program.

“AEW is not just another meeting to discuss Africa’s energy potential; it is a movement where projects meet capital, governments meet investors and companies turn Africa’s resources into catalysts for long-term development. Next week, Cape Town will bring the industry together with one objective: getting African energy projects moving,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW 2026 is fast-approaching but there is still time to secure your place.

Visit www.AECWeek.com for more information about registration.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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Energy

African Energy Week (AEW 2026) Turns Cape Town into Africa’s Energy Marketplace

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African Energy Chamber

Ministerial delegations, national oil companies, operators and financiers will converge in Cape Town to negotiate deals, forge commercial partnerships and advance African energy projects

CAPE TOWN, South Africa, October 5, 2026/APO Group/ –African Energy Week (AEW) 2026 (https://apo-opa.co/4dR325o) is more than a conference. It is Africa’s energy marketplace – a meeting point for the governments that control resources, the companies that develop them, the financiers that provide capital and the service providers that turn investment decisions into operating projects. From October 12–16, Cape Town will become a platform for these players to negotiate deals, establish commercial relationships and move African energy opportunities closer to execution.

 




  

This commercial mandate has helped turn AEW into a broader movement around African energy development. By bringing decision-makers across the value chain into one marketplace, the event creates an opportunity not only to discuss the trajectory of Africa’s energy systems, but to actively reshape it.

AEW 2026 will convene ministers, national oil companies (NOCs), international operators, independents, financiers and service companies, with a program structured around commercial engagement. In addition to its strategic conference stages, the event incorporates live deal signings, structured business matchmaking and closed-door meetings. More than 9,000 delegates from over 100 countries are preparing to make their way to Cape Town, bringing with them new opportunities for investment, collaboration and project advancement.

AEW has already cemented itself as Africa’s energy marketplace, where every party needed to advance a project or initiative is present and actively pursuing deals. The marketplace model has also translated engagement at the event into tangible commercial outcomes, with agreements concluded across financing, project development and cross-border partnerships.

When people ask me what AEW is, I tell them it’s the African energy marketplace

Agreements signed at recent editions span project finance, trade finance, hydrogen development and NOC partnerships. Signatories at AEW 2022 included Afreximbank, Sasol, Technip Energies and Namcor. The 2023 edition recorded a loan agreement between Afreximbank and Alphaden Energy & Oilfield, as well as a hydrogen agreement between Gambia’s Ministry of Petroleum and Energy and H2 Gambia Limited. Five agreements were signed at AEW 2024, including a partnership between the NOCs of the Republic of Congo and Azerbaijan and a trade finance agreement between Afreximbank and Dorman Long Engineering.

Equatorial Guinea’s 2026 licensing round illustrates how engagement at AEW progresses into commercial activity. The country announced the round at AEW 2025 and provided prospective bidders with details on available acreage, the bid timeline and amendments to fiscal terms and production sharing contracts. This momentum will continue into 2026. Algeria will bring its ongoing bid round – featuring seven onshore exploration opportunities – to the forefront of the event while Liberia’s Petroleum Regulatory Authority, in partnership with Energy Capital & Power, will showcase the country’s 2026 Direct Negotiation Petroleum Licensing Round.

AEW 2026 takes this engagement further. The Deal Room provides project sponsors and developers with a platform to present active oil, gas, power and infrastructure transactions, while the African Farmout Forum, held in partnership with Moyes & Co, Farmout Angel and Envoi, presents available blocks and acreage from across the continent. An African Upstream M&A panel will assess prevailing deal structures, and a dedicated finance session will examine risk allocation as a determinant of financial close.

Country sessions give operators direct access to government decision-makers. The program features spotlights on South Africa, Senegal, Nigeria, Namibia, Ghana, the Republic of Congo and more, while the 8th Meeting of the African Petroleum Producers’ Organization NOC CEOs’ Forum will facilitate collaboration between major players.

Power Africa Today, Renegade Intel and the Upstream E&P Forum will run alongside the main program, extending AEW’s coverage to power, digital infrastructure and exploration. Together, these platforms reinforce AEW’s role not simply as a forum for discussing Africa’s energy future, but as a place where the commercial relationships, investment decisions and agreements shaping that future are made.

“When people ask me what AEW is, I tell them it’s the African energy marketplace. You walk into that building and ministers are there, NOCs are there, banks are there, the company with the rig is there, and they’re all looking for each other. Some of the most important conversations of the year happen in a corridor between sessions, and more often than not they end with a signed agreement,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

Registration for AEW 2026 is available at https://apo-opa.co/4dR325o.

Distributed by APO Group on behalf of African Energy Chamber.

 

 




 

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