Tag: business model

Small and Medium Enterprises (SMEs) play a significant role in the global economy and offer an untapped opportunity for Communications Service Providers (CSPs). As they emerge from the pandemic, SMEs have been spending more across a range of technologies, with spending on IT and digital services set to increase by 7.6% CAGR to reach $1.7 trillion by 2026.

It is important to understand the difference between load shedding and electrical grid failure. Load shedding, as we understand it today, is controlled interruption of electricity supply to the public. These scheduled interruptions do not affect any municipal institution; however, electrical grid failure will affect municipalities as well as any public infrastructure.

Building a resilient mindset is key to survival. The COVID-19 pandemic has brought unprecedented challenges to the world of business, and for entrepreneurs, the ability to adapt and bounce back from setbacks has never been more important.

With Amazon readying itself to launch in South Africa in February 2023, forward-thinking local retailers and e-tailers are gearing up their businesses to leverage the country’s R30 billion per year e-commerce market. Globally, Amazon dominates online sales and has driven enormous disruption in the market.

Accounting is in a very exciting space. Access to modern technology has been changing the profession for several decades already. But today, it stands at a crossroads that shapes accounting's future - a break away from the routine capturing, recording and presentation of historical data.

Study shows more than 85% of surveyed South African shoppers say retailers need to get better at giving them the products, service and experience they want. South Africans surveyed form part of a study of over 30,000 global online consumers from 18 countries. 

What’s the next black swan likely to be? A black swan is a potentially dire unexpected event – the pandemic being a perfect example. An Eskom grid failure could be next. Or another devastating drought? A massive cyber-attack? 

How did a teenage refugee from communist Poland become one of the richest women in South Africa? In what ways did she disrupt the financial services industry? What drove her to become an activist exposing corporate and government corruption? What are her secrets for succeeding in business and life? The founder of multibillion-rand financial services empire Sygnia Limited, Magda Wierzycka is South Africa’s most successful businesswoman.

The digital transformation of business and society has found fertile ground with early promise for the super-app model, specifically in the Middle East and Africa, even as mobile digital platforms continue to offer proprietary and third-party functions under a single brand.

Businesses and consumers alike have had to weather several shocks over the past two years. In this article, I advise how businesses can make 2022 a year for rebuilding and taking advantage of new opportunities. During 2020, 42% of small businesses closed during lockdown, according to financier FinFind.