Tag: economic stress

The world is in a permanent state of change amid technology, economy, consumer and climate change demands. Although there have been remarkable leaps in automation and Artificial Intelligence (AI), company leaders will continue to need highly skilled talent to meet their business needs.

Nationally, on 1 May 2020, South Africa will move from its current position at level 5 to level 4. This means that all essential services will be able to continue operating together with the following additional sectors: food retail stores will be permitted to sell full line of products, agriculture, forestry, mining, financial and professional services, postal and telecommunications services, information technology services and formal waste recycling services.

The global economy has been hit by five shocks as the coronavirus spread rapidly. This could not have been predicted, though with hindsight the market was initially much too complacent. The situation is so uncertain now that a strategy based on trying to predict the future is bound to get it wrong.