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Tag: global economy

The coronavirus and business continuity

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The global economy has been disrupted severely by the outbreak of the coronavirus, also referred to as COVID-19. According to the World Health Organisation (WHO), the virus originated in the city of Wuhan in the province of Hubei, in China around December 2019.

Why finance should embrace Industry 4.0

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As we progress further into Industry 4.0, finance needs to further leverage new technologies to add real value to a business’s bottom-line, yet it remains in its infancy stages. Industry 4.0 has impacted a range of industries, and with the digitisation of industrial value chains, many forget about finance, which has only touched the tip of the iceberg when it comes to leveraging new technologies.

BOOK REVIEW | Expatriate Tax

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With the effective date of 01 March 2020 for the ‘expat tax’ drawing closer, South African expatriates, their employers and tax advisors have little time to come to grips with the impact that this tax policy and law change will have on them personally.

Curated experiences drive luxury consumption despite sluggish economy

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Despite the slowdown in the global economy, the luxury sector is seeing continued rapid growth. Given the declining economy, the question is, which South Africans can still afford luxury goods? From research conducted we see that the luxury culture is evolving and there are two main sets of luxury consumers in South Africa; traditional and non-traditional.

BOOK REVIEW | The Stress Code

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This book illustrates how stress impacts all facets of our lives and is having devastating effects on the global economy. Stress is both good and bad for you. Small, appropriately timed doses ignite success, help us overcome challenges and grow; but in excess, stress breaks us down. Stress on an ongoing basis is one of the biggest challenges faced by the human race.

Business insolvencies to increase by +2% in 2019

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Business insolvencies is expected to increase by +2% in South Africa in 2019 (after +3% in 2018). This is the first outright deteriorations since 2009 and the global financial crisis.

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