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As leaders meet to discuss the state of the world and the difficult road ahead at the World Economic Forum, a frank and honest discussion about the loss of educational opportunities in developing markets is long overdue.
Over the years in the fight against AIDS, tuberculosis, and malaria, we have learnt about the effectiveness of purpose-led partnerships. The ongoing COVID-19 pandemic provided us with a sense of urgency in supporting individuals and households to take full advantage of the digital economy.
On the back of COVID-19, and the widespread financial difficulties that many people experienced as a result of two years of lockdowns, some South African employees opted to resign from their jobs in order to access their retirement savings.
There have been many instances where people have received large sums of money from an insurance pay out and have blown it all unwisely. The TV series I Blew It shows a few examples of this and many have experienced this first hand or seen family and friends go through the same.
Four in five small businesses want to become more knowledgeable about financial management, but two thirds lack the support they need. New research reveals that South African small businesses are making mistakes costing them an average of R91,311 per year due to a lack of financial knowledge.
‘Line of sight’ in the supply chain has taken on a new meaning in the age of Artificial Intelligence (AI) and Machine Learning (ML). Rather than simply tracking stock movements and using this data to attempt to influence the end consumer to buy a product, there is now massive investment in trying to ‘own’ the retailer from a data perspective.
Literacy, the ability to read and to write, enables prosperity. Yet at least 773 million young people and adults lack basic literacy skills. As technology evolves, users who lack the foundation of learning and education will not reap the benefits of the ongoing digital transformation.
Right now, over 4.14 million people around the world have succumbed to COVID-19 - and over 84,000 of those deaths happened right here in South Africa. As we navigate a third COVID-19 wave, South Africans are starting to come to terms with their own mortality.
The trouble with following conventional wisdom is that it is always changing. Proximity to the branch matters. Branches are closing. Multi-channel. Omni-channel. Digital first. Digital only. Mobile first. Mobile only. Friction is bad for customer experience (CX).