Consumer rights and the financial services market

South African consumers are offered a wide range of protection in the form of legislated consumer rights, developed and applied over the years into the framework that we know today. “Over the years, this has been vital; particularly in the financial services sector,”...

Independent group calls for sustainability pledge

In advance of critical biodiversity negotiations in Geneva, the Campaign for Nature’s Global Steering Committee is urging ambitious nature protection, funding for biodiversity, and support for Indigenous Peoples and local communities. Led by former US Senator Russ...

Binge drinkers upped consumption during lockdown

New research has found that heavy episodic drinkers consumed more alcohol than usual during both increased and decreased lockdown restrictions and reported drinking more alcohol because they felt stressed, felt a need to relax, and felt bored. The researchers...

Customers demand more from life insurers

The latest South African Customer Satisfaction Index (SA-csi) for Life Insurance (2021) conducted by Consulta reveals how satisfied customers are with their life insurers over the last year. The benchmark measurement for Life Insurance (2021) provides important...
Companies will let customers go if they are not a good fit

Companies will let customers go if they are not a good fit

By 2025, 75% of companies will “break up” with poor-fit customers as the cost of retaining them eclipses good-fit customer acquisition costs, according to Gartner. When “breaking up” with a poor-fit customer, organizations proactively end the...

Improved business confidence could be shaken by geopolitics

After remaining unchanged at 43 points in the fourth quarter of 2021, the RMB/BER Business Confidence Index (BCI) increased to 46 in the first quarter of 2022. Although this is just below the neutral-50 mark reached in the second half of last year, the latest reading...