Monthly Archives: February 2022

Major price hikes hitting South Africa from March (BT)

South African consumers and businesses face a flurry of price increases in the coming weeks as a combination of global factors and local changes take effect. Analysts have warned that South Africans have increasingly relied on credit over the pandemic period to make ends meet, with the coming hikes likely to place increasing strain on […]
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Government announces R15 billion Covid business ‘bounce-back’ scheme

A Budget Review document accompanying the speech reveals that government will, over the next three years, spend R721 billion to promote faster and sustained inclusive economic growth to address unemployment, poverty and inequality plaguing the country. In the 2022 Budget Review, Treasury said over the Medium Term Expenditure Framework (MTEF), expenditure would in this regard increase at an average […]
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How the Russia-Ukraine conflict could influence Africa’s food supplies (BL)

There is significant agricultural trade between countries on the continent and Russia and Ukraine. African countries imported agricultural products worth $4bn from Russia in 2020. About 90% of this was wheat, and 6% was sunflower oil. Major importing countries were Egypt, which accounted for nearly half of the imports, followed by Sudan, Nigeria, Tanzania, Algeria, Kenya […]
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6 Most Compelling Qualities Of Digitally Transformed Enterprises (Forbes)

In their recent analysis published by the Harvard Business School, a team led by HBS professor Linda Hill canvassed business leaders across the globe, identifying their hopes and aspirations when it came to digital transformation. The study was conducted with the Harvard Business School Global Research Centers and Salesforce’s Ignite team, involving roundtable discussions and a survey with […]
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How SA’s education institutions can beat the digital transformation challenge (IT WEB)

South African education has never been more pressured to perform. Digital transformation, often touted as the solution, can just as quickly become the challenge. One of the problems is that it’s an all-encompassing phrase. In the past two years it has come to symbolise distance learning, remote learning, home schooling and online education. All of […]
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Key trends and opportunities in the South African Construction Industry to 2025: Rebound forecast for 2022 (BW)

The construction industry in South Africa is expected to rebound in 2022, and expand by 9.1% in real terms. The industry will then stabilize at an annual average growth of 3.1% between 2023-2025, although output will not return pre-pandemic levels during the entire forecast period. The industry’s growth over the forecast period will, however, be […]
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Shortage of gas could derail SA’s plans to decarbonise (News24)

Gas will play a critical role in South Africa’s strategy to achieve net-zero emissions, according to a study. However, South Africa’s major supplier of gas, Pande-Temane, will face constraints from 2025 due to declining reserves. This threatens the country’s decarbonisation strategy if no alternative gas supplies can be sourced. While gas is set to play […]
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Four marketing trends businesses should explore in 2022 (MU)

With every new year comes new consumer spending habits, making it increasingly important for businesses to adapt and stay relevant to their customers, says Grant Kruger, business lead of ID / IT/ solar at LG South Africa. Kruger adds that the pandemic has certainly set the trend across the retail industry and will likely continue […]
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Trends shaping South Africa’s Global Business services industry in 2022 (EN)

There has been a marked increase in the number of first-time outsourcers looking to offshore their customer-service, back-office and technical support functions to South African BPO providers than ever before. Without a doubt the consequences of the pandemic are playing a big part in this shift and I don’t believe this is temporary either. Organisations will […]
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Delay in new-energy vehicle plan may favour SA, says Toyota president (BL)

Pushing back the strategy could allow the country to avoid pitfalls being encountered elsewhere. Delays in designing a new-energy vehicle (NEV) strategy for SA might not be a bad thing if it allows the country to avoid pitfalls being encountered elsewhere, says Toyota SA president Andrew Kirby. The department of trade, industry & competition had […]
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