Tag: FNB

Each industrial revolution has caused disruption, but it doesn't necessarily mean a net loss of jobs. While automation and artificial intelligence (AI) can eliminate jobs and industries, they also create new ones. AI has already improved our lives, especially in the service industry, by increasing efficiency and giving us more free time for tasks like booking flights or ordering food. However, these improvements are somewhat superficial.

As a founder or entrepreneur, especially in the early stages of business, you are the business. At least at the beginning of the lifecycle of a business it is almost impossible to separate it from the character and mind of the entrepreneur who brought it to life.

In recent years, South Africa has embraced the global phenomenon of Black Friday. While, for businesses in this country, it's tempting to focus solely on the immediate potential that this flurry of buying activity presents, small and medium enterprise (SME) should take a much longer-term view of Black Friday, understanding its real potential to underpin long-term growth.

According to the World Health Organisation (WHO), cancer is the leading cause of death worldwide, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths.

As a testament to the resilience and dedication of South African stokvel savers, we reveal that its customers' stokvel net deposits have increased by 42%. Since November 2019, our stokvel customers have continually increased saving via a stokvel surpassing the R8.3 billion mark in total member contributions.

Retirement is one of those phases of life that invites many perspectives. For some, it's the golden horizon they've been dreaming about, and working towards, their entire career - a chance to finally kick back, relax, and spend their days doing whatever they want.

Emerging technologies like artificial intelligence (AI) are changing every industry and sector, including education. If students are to take advantage of AI, it’s essential they are exposed to it early and taught how to harness it. The changing educational landscape, accelerated by the pandemic, offers an opportunity to enhance inclusion and accessibility through AI technology.

High interest rates increase the income opportunity of one’s savings and investments. In a volatile economic landscape, the importance of prudent financial planning and savvy saving strategies becomes more critical than ever. When inflation is high, the value of money seems to shift like sand beneath our feet, with a knock-on effect on interest rates and the cost of living.

The era of emerging technologies is changing everything in our lives. It’s changing the jobs landscape and how we work, but also how we interact with one another, how we are entertained, and how we learn. At the same time, businesses face changing customer expectations, and governments must contend with new demands from their citizenry.

We have announced the findings of our inaugural Retirement Insights Survey, the first retirement research of its kind conducted by an integrated financial services provider in South Africa. Against the backdrop of widespread belief that South Africa lacks a savings culture, the survey unveils some reasons for disparities in retirement savings beyond apathy or income.