Tag: economic development

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.

Every year, as the mercury dips and we begin searching for our winter coats, the construction industry likewise starts to grapple with a myriad of cold weather challenges. Frigid winter weather directly impacts the efficiency of construction workers, increasing the potential for project delays, logistical hurdles, and numerous health and safety hazards.

Youth Day in South Africa is celebrated on June 16th to commemorate the pivotal role that young people played in the struggle against apartheid and their fight for equal education and rights. The significance of this day can be traced back to the tragic events that occurred on June 16, 1976, in Soweto.

The Commission for Conciliation, Mediation and Arbitration, commonly known as the CCMA, is a statutory body which aims to “advance economic development, social justice, labour peace and the democratisation of the workplace”.

Recycling has become a part of our day-to-day lives. Whether it’s the ritual of sorting our household waste or making the switch to reusable products, taking proactive steps towards sustainability goals by managing waste is already ingrained in our behaviour. This behaviour is supporting a widespread shift toward a circular economy.

Technological advancement is fundamental for economic development. The more accessible the tech is for citizens, the more rapidly the local economy can progress. In South Africa, a commitment to embrace the '4th Industrial Revolution (4IR)' has been a fixture of national government rhetoric for several years.

South Africa’s energy shortage is having a profound impact on its cities. Economic growth and jobs continue to be affected at a time when cities urgently need to recover from the COVID-19 crisis to retain their competitiveness and attractiveness.

Much like entrepreneurs, exhibitions are economic enablers. There is no doubt that entrepreneurship, collectively, is an essential driver of societal health, wealth creation, and a formidable engine of economic growth.

Dumping is described as international price discrimination, wherein a product is cheaper in the importing market than it is in the market that is exporting said product. This practice is frowned upon, as exemplified by calls to curb dumping through measures like tariffs or outright bans on certain imports.

Some societies are better able than others to withstand adverse weather events such as droughts and storms, and even earthquakes, with fewer deaths and less economic and social disruption. Such societies also seem to have less crime, greater social cohesion, and greater economic optimism.