Tag: transformation

Over two years beyond the pandemic, the skills gap remains high, affecting productivity. Leaders now focus on leveraging the full potential of data, technology and people to speed transformation and growth. They've put it at the top of their agenda, and according to our research, it's the priority.

The world of financial services is changing – for the better. A multitude of virtual banking and payment options, cardless and accountless services, and now, Banking as a Service (BaaS) are making financial inclusion the norm instead of a privilege.

Amidst the disruptive changes brought on by industry 4.0, the past two years has seen the world being faced with the worst global pandemic in just over a century - plunging both individuals and organisations into a state of chaos, uncertainty and instability whilst radically reshaping life as we knew it.

Even with South Africa almost 30 years into its democracy, Broad-Based Black Economic Empowerment (B-BBEE) 'Fronting Practice' is still a widespread practice that significantly undermines the creation of a more equal and prosperous South African society.

Daniel Dumile Qeqe (1929–2005), ‘Baas Dan’, ‘DDQ’. He was the Port Elizabeth leader whose struggles and triumphs crisscrossed the entire gamut of political, civic, entrepreneurial, sports and recreational liberation activism in the Eastern Cape.

Much like entrepreneurs, exhibitions are economic enablers. There is no doubt that entrepreneurship, collectively, is an essential driver of societal health, wealth creation, and a formidable engine of economic growth.

While COVID-19 put the brakes on the economy, the post-pandemic recovery has almost been stymied by the ongoing Russian war on Ukraine and the impending fears of a US recession, contributing negatively to economies around the world. Through the most challenging hurdles, however, the franchise sector in South Africa has remained steadfast in its goals to grow the economy and create jobs.

The voices calling for sustainable business practices across all industries are growing ever louder and the journey towards ‘Net Zero’ will require everyone across the globe to play their part if we are to successfully combat the risks associated with climate change.

South Africa’s franchise sector has shown tremendous resilience, first withstanding the heaviest effects from economic lens of the COVID-19 pandemic, secondly, looking at how global economies, suffered from the knock-on effect of the Russian war in the Ukraine.

The Financial Sector Conduct Authority (FSCA) wishes to usurp the Broad-Based Black Economic Empowerment (B-BBEE) role of the Minister of Trade and Industry, to make missing a transformation target an offence, and to make the Sector serve two masters (continued from PART 1).