Tough conditions won’t stop Saffers this Black Friday
Despite the cost of living crisis impacting South Africans this year, Black Friday sales are expected to remain buoyant as consumers take advantage of the deals on offer. "Last year, BankservAfrica logged a total of 1.2 million transactions worth over R1 billion on...
African fintech growth could unlock greater economic prosperity
Africa is one of the fastest growing fintech markets with revenue forecasted to grow 13-fold to $65-billion by 2030. In addition to the revenue opportunity, fintechs play an important role in developing the region's economy and improving the lives of African people by...
Non-typical risks associated with the US election
With the US presidential election less than a month away, organisations are facing increasing levels of disruption from it, according to Gartner. To address these disruptions, Gartner analysts have identified five categories of non-typical risks for Assurance leaders...
Global smart speaker sales up 17%
Smart speaker sales in 2020 are estimated to grow by 17% to 170-million units. Comparatively, the growth rate in 2019 was a remarkable 70%, reaching a total of 146,9-million units, according to research data analysed and published by ComprarAcciones. The global smart...
Casinos lobby for online gambling
South African casino operators such as Tsogo Sun and Sun International are quietly pushing the government to pass legislation allowing online casinos to operate alongside the already legalised and regulated online sports betting industry. They are hoping that the hard...
Under pressure, workers battle to absorb change
The amount of change that the average employee can absorb without becoming fatigued in 2020 has been cut in half compared to 2019. Amid worries about the economy, job security, their health and the health of their loved ones, employees' capacity to take on change in...
Education, awareness key for parents
New social media are constantly emerging, attracting kids and leaving the parents out of the picture - and bringing new dangers that parents could prevent if they stay educated and up to date. According to the "Responsible Digital Parenting" survey, 43% of South...
SMEs battle to find the right tech talent
Two-thirds (67%) of South African small businesses struggle to source the right tech talent. But, despite struggling to hire, only 14% planned to upskill their existing team members to help close tech skills gaps. This is according to research Xero, which found that...
Alternative economy proposed for SA
An alternative economic strategy for South Africa could see GDP doubling in 10 years, 10-million people moving out of poverty, and unemployment cut by two-thirds to 12% by 2030. This strategy, proposed by Dr Nthabiseng Moleko and Professor Mark Swilling, seeks to...
African financial markets have improved resilience
Despite disruption from the Covid-19 pandemic, financial markets in Africa are proving robust with innovators such as South Africa and Mauritius leading the way. This is according to the 2020 edition of the Absa Africa Financial Markets Index. Now in its fourth year...
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