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The cashless revolution continues apace

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The “cashless revolution” spurred by the COVID-19 pandemic has proven durable and persistent. PwC’s Payments 2025 & beyond publication, released in 2021, reported a 42% increase in global cashless payment volumes. The 2023 McKinsey Global Payments Report found that global cash usage continued to decline – by four percentage points year on year – and that the growth rate of electronic transactions was nearly triple that of the overall growth in payments revenue.

Harnessing cultural diversity in business communication

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In a country as diverse as South Africa, with its rich tapestry of languages and cultures, the importance of speaking to audiences in their own language cannot be overstated. Cultural diversity is not just a buzzword; it's a driving force for economic growth, social cohesion, and sustainable development.

Despite the 2024 challenges, SMEs can achieve success & growth

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Small and medium enterprises (SMEs) in South Africa continue to face a business landscape that is simultaneously full of challenges and brimming with opportunities. A still-struggling economy, rising costs, high unemployment figures and an uncertain political future have created a business backdrop against which only the most resilient and innovative businesses will thrive.

South Africa’s initial step to establish an AI policy & regulatory...

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At the AI Government Summit on 5 April 2024, the Department of Communications and Digital Technologies (DCDT) launched South Africa’s Artificial Intelligence (AI) Planning Discussion Document with the purpose of the discussion document being to initiate discussion between the public and private sector to facilitate AI innovation. 

How deregulation can unlock Africa’s telecom boom

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We are providing new insights into the African telecom space with the release of a groundbreaking white paper, "The Independent Tower Industry as a Key Enabler of the Development of African Telecommunications." This first-of-its-kind study dives deep into the continent's telecoms landscape, analysing 14 key markets, including Egypt, Morocco, Rwanda, South Africa and Tanzania, revealing a compelling link between tower deployment and mobile sector performance over the past decade (2010-2022).

South Africans are losing financial literacy

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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.

Trade & insolvencies – impact of macro-economic & geopolitical dynamics

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With an economic growth forecast of only 1.6% over the next three years for South Africa, businesses are facing a tough trading environment, exacerbated by the impact of geopolitical tensions, disruptive new technologies, persistent weather catastrophe threats and failing public infrastructure and services.

Limitations & ambiguities in Public Procurement Bill submission

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Procurement and supply body adds voice to discourse over legislation and calls for more radical reforms to root out corruption. We have submitted a series of detailed recommendations for South Africa’s Public Procurement Bill with the intention of advancing the principles of ethical procurement practices within the Southern Africa region.

Upholding fiscal responsibility – a call for good governance

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In the challenging economic circumstances that South Africa currently faces, the impact of fiscal responsibility – the balanced use of government spending and tax to influence the economy – on taxpayers, businesses, and the nation's overall economic well-being cannot be overstated.

Navigating the ESG Landscape – a global perspective

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In today's corporate world, the integration of Environmental, Social, and Governance (ESG) factors into executive compensation plans has become a beacon of progressive strategy, illuminating the path towards sustainability and responsible governance.

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