Tag: PwC South Africa

A major concern on the minds of business and the public in general is how tax revenue collections are performing and whether we can expect further tax increases in the 2019 Budget.

The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with technological advances now considered the most important global trend disrupting the industry.

PwC study shows four out of five executives (84%) surveyed report blockchain initiatives underway - China to overtake US as leading blockchain developer within three to five years - Trust, regulatory uncertainty identified as biggest barriers to business adoption - 84% of executives surveyed by PwC report that their organisations are involved with blockchain technology – 15% state they are fully live.

Financial services sector worldwide is missing ‘window of opportunity’ to support women’s career progress. Globally, financial services is falling behind other sectors when it comes to supporting women’s progress into senior positions, according to a report issued by PwC.

Economic crime is harming businesses at a staggering rate throughout the world. Digital innovation and technology has also given rise to new attack surfaces for economic criminals and fraudsters, with the rate of instances growing at exponential levels.

Boards and management teams are, or will soon be, compelled to consider the implications of the direct impact of cryptocurrencies on their businesses, and the potential indirect impact from several angles. In addition, there is considerable potential for new business models, which are starting to emerge in many areas.

Even as technology improves and automation becomes more prevalent, most consumers globally still prefer human interaction. People engage daily with apps, self-service checkouts, websites and the like. But the minute something goes wrong they want to talk to a person.