Tag: performance

South Africa’s major banks maintained steady growth in 2024 despite a challenging operating climate and macroeconomic uncertainties. Combined headline earnings grew by 5.9%, reaching R119 billion. This surpassed FY23 results. The combined ROE stood at 17.5% (FY23: 17.6%). The net interest margin was 451 bps (FY23: 459 bps). The credit loss ratio improved to 89 bps (FY23: 102 bps).

South Africa continues to grapple with high unemployment. Businesses must embrace data-driven hiring practices to make informed decisions. This is crucial to secure top talent.

Organisations constantly seek ways to improve IT efficiency, reduce costs and scale operations quickly. Virtualisation benefits businesses by providing game-changing solutions with significant advantages.

Businesses often lean toward short-term fixes to address immediate IT challenges. They often avoid the discomfort of committing to a long-term, future-focused strategy. Much like throwing more RAM at a speed problem, an immediate solution might not address the underlying issue.

Most enterprises prefer working with partners that provide an integrated media and creative offering when revamping or building a website. They seek this solution from either a single agency or two agencies working in a close collaborative relationship.

In National Union of Metalworkers of South Africa obo Nyawuza / PFG Building Glass [2024] 6 BALR 595 (NBCCI), the National Bargaining Council for the Chemical Industry (NBCCI) considered an unfair dismissal dispute. The dispute concerned an employee who was dismissed for misconduct after testing positive for cannabis in his system.

Technology and AI-driven innovations are transforming how organisations operate at every level. Cleaning up innovations are evolving rapidly, reshaping the cleaning sector with smarter, more efficient solutions.

Competence forms the foundation of a secure and efficient workplace. It equips employees with skills to execute tasks proficiently. Additionally, competence fosters adaptability to industry changes and technological advancements. In workplace safety, it elevates technical expertise into accurate risk assessment.

We live in a time when attracting and retaining top talent across a multi-generational, increasingly mobile workforce is massively challenging. It is a global phenomenon that is critical to the success and sustainability of every business, but notably so in South Africa’s business process outsourcing (BPO) industry which is increasingly the country’s top export to international markets.

Chief financial officers (CFOs) know that the cloud can save them money. Yet as they pore over their income statements, many CFOs are concerned to see that their cloud costs are skyrocketing every month.