Tag: job creation

For jobs to be created, new industries need to be created and for that, you need people. A unique opportunity for job creation is emerging with the rise of artificial intelligence (AI), which is set to not only become a new growth area of its own but will also upend innumerable existing industries.

As South Africa moves into 2024, the landscape of Broad-Based Black Economic Empowerment (B-BBEE) is poised for significant shifts. The B-BBEE framework has been a cornerstone of economic transformation in our country, aiming to address historical imbalances and promote inclusive economic growth.

In the rapidly evolving landscape of employee remuneration, the year 2024 marks a crucial juncture. The global dynamics are shifting, presenting both challenges and opportunities for organisations and their workforce. The remuneration climate is quickly and continuously changing, forcibly and consistently keeping us on our toes.

Starting a business is one thing. Making that business successful is quite another. We’ve all read the failure statistics of start-ups, yet we entrepreneurs are a determined bunch of people – we are not easily deterred and will try, and try, and try again.

When we think about the impact that private credit and other forms of financing have on African companies, we tend to think about things like business growth and success. But the impact that private capital in particular has goes far beyond that.

Since emerging from the grips of the COVID-19 pandemic, various industries across Africa have rebounded relatively well after having to undergo a process of reinvention. Across the continent, key multibillion dollar industries are navigating new challenges to meet consumer needs and retain a strong customer base. For Africa’s entertainment and media (E&M) industry, 2022 was a challenging year.

The fast-evolving emobility sector presents a significant opportunity for sustainable growth and job creation in Africa, but some constraints need to be overcome. Many South Africans who struggle every day to reach their places of work using minibus taxis or cars on congested motorways may find it hard to believe that an emobility revolution is about to happen. But there are a number of trends moving in that direction.

We are working towards developing a new breed of entrepreneurs, one that’s future fit, disruptive, and geared to solving the challenges of an increasingly complex world. As South Africa considers the challenges and opportunities facing our youth, there has never been a greater need for inclusive entrepreneurship.

The emergence of next-generation artificial intelligence (AI) should not be seen as a direct threat to IT professionals, but rather as an opportunity to upskill and master the new technology.

While climate has dominated investor energy for environmental and social issues around the world until now, the ‘S for Social’ in ESG, which refers to a company’s impact on society, how it treats its staff, suppliers, customers as well as the communities in which it operates, is starting to garner more attention from investors.