The industrial base of a country depends on a reliable supply of electricity and steel. Hence in the 1930s, South Africa developed both Eskom and Iscor, since then the economy has diversified considerably. While the industrial and mining base of the country remains dependent on reliable supplies of these primary products, the manufacturing industries, the secondary and mining sectors, in particular, also need to be developed through efficient labour and technical training.
While lockdown inadvertently helped to reduce carbon dioxide emissions, it is critically important that sustainability of the environment is at the heart of post-COVID-19 recovery efforts. This is where the much-talked about Green New Deal (GND) becomes crucial and while it’s no panacea to economic challenges, harnessing its benefits can help grow the economy and create jobs in a post-COVID-19 world.
For many enterprises, their siloed, traditional Supply Chain Management (SCM) systems are proving to be their Achilles’ heel when trying to operate in unprecedented circumstances, preventing business continuity and resilience.
After more than two months of hard lockdown, corporate travellers have been itching to get back to the boardroom. With Level 3 regulations implemented on June 1, a number of businesses were able to resume operations while business travellers could – to some extent – take to the skies again.
South Africa remains in a dire energy crisis with utility costs having increased by 17% most recently and with the local provider desperately needing an additional 5,000 megawatts of generating capacity. And, if we consider that almost 77% of South Africa’s primary energy needs are reliant on coal, then there is no doubt that we are heading towards not only an energy, but an environmental crisis too.
Manufacturers and distributors are operating in intensely pressured times. Stats SA reported that manufacturing output contracted for the ninth consecutive month in February of 2020 with the full extent of the damage caused by COVID-19 and the nationwide lockdown still unknown.
The rapid global spread of COVID-19 has forced business, education, and social activities to be conducted virtually. But amidst the crisis, platform companies are enabling video conferencing, food, grocery and essential supplies delivery, AI-driven COVID-19 tracking, social connectivity, and entertainment for a restless population sheltering in place.
Yes. Now we know that working from home works, many employees will want to keep doing it when the coronavirus crisis fades. Many employers won’t mind because they have already invested in the costs associated with remote working such as cloud set-ups and connectivity and have had some proof that the concept works.
'Anything dead coming back to life hurts'. These words were written by Tony Morrison in her powerful book Beloved. The character was talking about a starkly different scenario, but I believe the principle stands true to our world today. We are very slowly entering a phase of coming back to life.