Like any tool or technological advancement, AI can be both destructive or transformative; but generally, the success or failure of technological advancements relies on a susceptible user base and an enabling environment in which it is to be deployed.
Category: South Africa News
South Africa News
South African retailers have arrived at an e-commerce crossroads
South Africa’s e-commerce landscape has arrived at an important juncture. The explosive growth observed during the pandemic years has slowed down somewhat and consumer spending power has faltered amid low economic growth and a global cost of living crisis. At the same time, competition is heating up.
Increased competition and bond switching set to shake up the SA property market
As interest rates remain stable against the backdrop of a challenging economic climate, banks are being pushed to innovate and offer more competitive home loan […]
The rise of Gen Z means a rethink of permanent employment is on the horizon
We are witnessing a clash between businesses pushing for in-office work and Gen Z workers who prioritise flexibility, environmental consciousness, and inclusivity. Even remote-working advocate, Zoom, has demanded that those within 80km of the office need to work in-person twice a week. As Gen Z becomes the dominant demographic in the future workforce, project-based independent contracting and remote collaboration are gaining popularity as preferred modes of work. Gary Silbermann, Co-Founder & Innovation Director at One Degree shares that there doesn’t have to be an ongoing battle between C-suites and younger workers.
How Effective Rebranding Can Redefine and Elevate Your Business
In an era where change is the only constant, businesses must adapt and evolve to stay ahead. Penquin, the brand and communication agency based in Johannesburg, is leading by example, embracing transformation with open arms. The agency recently made headlines with the unveiling of its brand-new logo and refreshed corporate identity (CI), marking a significant milestone in its journey.
South African consumers feel the big squeeze: 99% have changed their FMCG shopping habits to save money
According to NIQ, 44% of South African consumers feel they are in a worse financial position this year compared to a year ago. Of those respondents, 82% say that increased costs of living are to blame for their recent financial struggles, up from 76% a year ago. Nearly two-thirds (62%) state they are worse off due to the economic slowdown, up from 57% a year ago. These findings appeared in “Consumer Outlook 2024″, the latest NIQ Thought Leadership report capturing the mindset and sentiment of consumers around the world.
That EV Hypercar with a Tailpipe… Sounds Alright!
The Ararkis Sandstorm, a rare edition electric Hypercar with South African roots, blew through an online cloud of controversy last week when the internet erupted over the ‘tailpipes’ found on the car’s rear end.
Why the sector is fertile ground for South African entrepreneurs
By Catherine Wijnberg, CEO of Fetola South Africa needs entrepreneurs to reverse our shrinking economy and high unemployment rate. And while they face numerous barriers […]
Payment fraud – top five scams to look out for
The truth is, all businesses are at risk of being scammed at some point, and just one incident can cost a company millions of Rand. […]
There are lessons in the US iBuyer Bubble Burst for the South African property market
By Gil Sperling, Co-CEO & Co-Founder: Flow The US housing market suffered a seismic shock last week when leading property listings portal Zillow exited its […]