Tag: economic development

In a significant move towards enhancing efficiency, transparency, and accountability in public procurement processes, the gazetted Public Procurement Act of 2024 (Act) aims to revolutionise the way government entities engage in procurement activities.

With national election taking place this month, we are stressing the importance of robust telecommunications security to facilitate a successful electoral process. This priority reflects our commitment to maintaining the integrity and efficiency of communications systems during crucial democratic events.

In the wake of COVID-19 and the accelerated digitisation of financial services, the gap between South Africans who have highly developed financial literacy and those with little or none has not just widened – it has taken on new dimensions.  The consequences for South African society are dire.

SMEs play a crucial role in most economies, and South Africa is no exception. They are also important contributors to job creation and global economic development. According to the World Bank Group SMEs represent about 90% of businesses worldwide, while the International Finance Corporation revealed that roughly 50% to 60% of South Africa’s workforce finds employment within SMEs.

Life is an endless series of problems, all of them offering competing, imperfect solutions. But not all solutions are actually solutions; some are mistakes. I know of no system or individual that hasn’t made mistakes. The usual wisdom passed on in this matter is that one should learn from mistakes - that the intelligent learn from their errors and correct them.

South Africa stands at the edge of a precipice. Almost thirty years after its first democratic election, poor policy and rampant corruption have left the country standing on the brink of becoming a failed state. In this thought-provoking book, the authors interview a diverse group of public intellectuals, business leaders and political mavericks to discuss tangible ways South Africa can rescue itself from itself

The concept of sustainability is considered differently for developing countries versus developed countries. Developed economies tend to look at sustainability with a significant focus towards environmental impact and preservation. In contrast, developing countries consider sustainability from a socio-economic perspective, which includes infrastructure-related challenges, for example.

These Potatoes Look Like Humans critiques the narrow materialist and legalistic arguments about the land question to recognise that, for most black South Africans, the meanings of land and dispossession are linked with spirituality and being.

Findings contained in a new report by the United Nations Conference on Trade and Development (UNCTAD) indicate that Africa’s economies have the potential to become major players in global supply chains.

If you’re reading this, there’s a very good chance you’re already familiar with Environmental Social Governance (ESG). ESG is a constantly evolving standard that emphasises the importance of doing business in a way that positively impacts the environment, society and stakeholders.