Tag: National Development Plan (NDP)

Business confidence in its most basic form is the optimism or pessimism of business in future economic conditions. This in most instances drives their willingness to invest, hire people and expand operations. According to a report by United Nations Trade and Development (UNCTAD), several factors beyond economic determinants are increasingly shaping investment decisions.

Samsung has retained its Level-1 B-BBEE status for six (6) years in succession. This is a true testament of Samsung’s 30-year commitment and the positive impact its continuous investment has had, to the country’s transformation agenda.

President Cyril Ramaphosa declared youth unemployment a national priority in his newsletter ahead of Youth Day this year, saying that youth unemployment is a 'huge mountain to climb' but that efforts were underway to address the challenge.

The South African Reserve Bank increased the repo rate by 50 basis points to 4.75%, after it was previously agreed at 25bps during the May policy meeting due to the declining Rand exchange, consumers are in for a tough time. When the repo rate goes up, the lending rate goes up and the consumers' pockets are affected.

Public cloud has taken centre stage in the global IT space, thanks in large part to the pandemic forcing accelerated adoption of next-generation technology solutions. According to Forrester Research, the global public cloud infrastructure market will grow 35% to 120 billion USD in 2021, as several new trends emerge around cloud technology.

Over the last few decades, technology has slowly shaped our world into one our grandparents wouldn’t recognise. Some of that change has been about the gadgets in our homes and in our pockets. Much else has been driven by researchers and scientists using powerful supercomputers to answer life‑changing questions and make ground-breaking discoveries in life sciences, physics, chemistry, and astronomy.

One year after COVID-19 was declared a pandemic, CEOs are voicing record levels of optimism in the global economic recovery, with 76% of global business leaders predicting that economic growth will improve in 2021. Coming off of a global recession (3.5% decline in world GDP) and a GDP contraction of 7% in SA, a record share of CEOs are optimistic about global economic growth this year.

Address by President Cyril Ramaphosa to the Joint Sitting of Parliament on South Africa's Economic Reconstruction and Recovery Plan.

South Africa has faced many crises before, but the one we are now in has convoluted our collective thinking about what true leadership is all about. The political atmosphere in the country has deepened the leadership question and has resulted in creating a tense and protest-filled environment.

Digital transformation is changing the ways businesses operate throughout the world. New technologies like cloud computing, artificial intelligence (AI), machine learning, and predictive analytics, already have had a profound impact on the world’s economies and continue to disrupt industries.