Tag: competition

During Parliamentary debates on amendments to the Companies Act in 2023, it was noted that the biggest opposition to the amendments related to the disclosure of remuneration. With the President signing the Companies Amendment Act on the 26th of July 2024, debates on the new remuneration requirements will resurface.

The phenomenon of job-title inflation has gained traction in South Africa, driven both by young professional’s ambition for accelerated career progression and employers' efforts to engage staff while managing costs. This trend has led to an increase in roles with prestigious titles, such as 'Lead', 'Vice President', or 'Manager', being offered to individuals with limited experience, skills, or corresponding salaries.

Siviwe Gwarube is the first Democratic Alliance (DA) member to become Minister of Basic Education; an impressive feat that is fraught with peril. The DA did not nearly accomplish all that it should have after forming a government of national unity (GNU) with the African National Congress (ANC).

Third-party cookies – a source of contention for brands and marketing teams since Google first announced that it would be phasing them out on Google Chrome as part of its strategy to resolve ‘competition concerns’ and prioritise consumer privacy. As of January 2024, Google was already restricting their use on some sites with the goal of eliminating them completely by the end of the year. Until last week, when the company announced that it would not be deprecating third-party cookies.  

Global tourism has begun surpassing its pre-COVID-19 peak. South Africa remains a popular tourist destination with the hospitality sector contributing significantly to its gross domestic product (GDP). Competition in the hospitality industry is intensifying, making the marginal and not-so-marginal gains offered by artificial intelligence (AI) a vital consideration for any hospitality operator.

South African policymakers learn all the wrong lessons from other countries. Rather than look to the free and prosperous societies of the United States and Europe, politicians and pundits would rather push us to imitate Russia, China, Venezuela, Cuba and Zimbabwe. And even when policymakers identify genuinely good role models, they take the wrong lessons.

Imagine a flight where your biggest concern isn't a nearby toddler's meltdown but whether to catch up on work or catch some Z's. This scenario is becoming a reality as more airlines test the waters of adult-only zones, offering a potential oasis of calm at cruising altitude.

Gargantuan and tyrannical unions like the Congress of South African Trade Unions (COSATU), South African Democratic Teachers Union (SADTU), and National Union of Metalworkers of South Africa (NUMSA) have leveraged their power, numbers, money, and capacity to threaten violence, and in so doing hold the economy hostage.

A unique selling proposition (USP) has to form part of the very fabric of an organisation. It needs to wrap around how employees behave towards clients, how the company approaches service, and every action and interaction within and without the business.

For any business involved in local or global trade, a robust supply chain is key to sustainable success. The simple reality is that trade disruptions come in many forms, from natural disasters and geopolitical crises, to trade conflicts and even pandemics; and in all these scenarios, a strong supply chain is required to keep a business running, avoid losses, and retain its edge over the competition.