Tag: workforce

Much has been written about the digital skills shortage. This is not a problem that will be solved overnight. As technology evolves, the demand for specific skills outpaces their availability. And as more people gain these sought-after competencies, there may be a temporary oversaturation of the market. Once parity is reached, new advancements shift the landscape again, and so the cycle continues.

By focusing on being open, understanding, and reliable when communicating with employees, employers can successfully handle challenging situations and emerge stronger and more resilient. During times of crisis, it is crucial for organisations to focus on engaging and communicating effectively with their employees.

Procurement and supply body adds voice to discourse over legislation and calls for more radical reforms to root out corruption. We have submitted a series of detailed recommendations for South Africa’s Public Procurement Bill with the intention of advancing the principles of ethical procurement practices within the Southern Africa region.

The South African skills development landscape is undergoing a significant transformation with the enrolment end-date of “legacy” qualifications “scheduled for 30 June 2024. Employers will no longer be able to registers learners on legacy qualifications not yet aligned to the Occupational Qualifications Sub-Framework (OQSF).

South Africa is at a crossroads of a significant educational and vocational transition as it shifts from the National Qualifications Framework (NQF) to the Occupational Qualifications Sub Framework (OQSF) managed by the Quality Council for trades and Occupations (QCTO).

Generative AI (Gen AI) has burst onto the scene. It appeared fast and is evolving even faster. It’s impact on value chains will fundamentally transform the nature of work, reshaping how businesses deliver value and better experiences for employees and customers.

One of the outcomes of the latest issue to swap the world – low growth, high interest rates and the threats of recessions – which will remain a driver for the growth of new ways of working and alternative business models for many years to come, is the increasing development of the side gig economy.

Fifty-two percent of CEOs across Sub-Saharan Africa expect economic growth locally and in their Africa territory (compared to 44% globally) in the next 12 months. At the same time, 50% of these CEOs are feeling more exposed to inflation and macroeconomic volatility (40%).

Companies sponsoring learnerships are looking beyond profit towards a better future. Business success is not only about profit margins and market share - it is also about positively impacting society and contributing to the growth of future leaders.

Is it time to say goodbye to the good old job specs? In the midst of rapid change and innovation, the concept of rigid job descriptions is fading fast. Modern workplaces are evolving, and it's clear that the traditional way of defining jobs simply doesn't cut it anymore.