It is estimated that by the year 2025, 463 exabytes of data will be created each day globally. To put that into perspective, in three years from now, the equivalent of 4,63 billion gigabytes will be generated every day! The present-day business already generates and collects data at an unbelievable pace, which needs to be…
The decline in permanent jobs following the COVID-19 pandemic is likely here to stay. We must therefore find new ways for young people to reliably enter and stay within the labour market. The impact of the global COVID-19 pandemic on employment in South Africa saw a five-percentage point fall in the proportion of employed youth,…
Mental toughness. These two words conjure up images of sheer bloody-mindedness, a force of will getting you through, barging through obstacles to reach your goal. While this idea of grit and determination can certainly motivate one to just keep going, it may in fact be wrong Let’s take Makazole Mapimpi – World Cup rugby hero.…
Accountability – it’s a word often thrown around. We want to hold management accountable, government accountable, students accountable and NGOs accountable. But what about holding ourselves accountable? Accounting is, at its core, a mechanism of accountability. History has numerous examples where a lack of accountability led to economic, financial and even political crises. But why,…
The issue of decarbonisation is complex for a country like South Africa, which is an emerging market heavily dependent on coal and with large social risks such as poverty, unemployment and inequality. If no action on climate change is taken, it could simply amplify our social risks. Therefore, universities and foundations must consider both environmental…
Jody Yee, the new Global Industry Solutions Director for Technology, Media and Telecoms at Allianz Global Corporate & Specialty (AGCS), discusses some of the main drivers behind the top risks facing the sector, as ranked by Allianz Risk Barometer respondents – from the spectre of cybercrime to the acute talent shortage Risks are interrelated and…
Imagine a world that operates on a principle of collective efficacy, with a united vision of economic growth that has the potential to impact all lives, but especially those who need it most At The Hope Factory and SAICA Enterprise Development, we believe that collaborative partnerships between the private, public and development sector has the…
Much has been said about corruption in the public sector in the last two months … about 1 300 pages worth to be precise. At the heart of this discourse is deliberate bribery and corruption to secure contracts worth billions of rands, inserting pliable individuals into key positions, and the intimidation of those who had…
You may have heard the tip, ‘If you do one thing for your business, get it online.’ But once you’ve got it online, how do you navigate the changes from the old ways of doing things to the new? Selling to an online audience has its own dynamics and requires different strategies, but the principles…
It is vital that we as accounting professionals intentionally support SMEs to become key drivers towards the achievement of United Nations Sustainable Development Goal (SDG) 8, which is decent work and economic growth for all by 2030 Research conducted by McKinsey & Co revealed that in 2020, small and medium enterprises (SMEs) employed up to…