Millennials will drive the growth of insurance in Africa

The insurance industry in Africa is undergoing significant transformation, marked by evolving consumer needs, technological advancements, and shifting demographics. Among the most influential demographic groups driving this change is the Millennials generation, born between 1982 and 1994. According to market research firm, IMARC Group, the African insurance industry is expected to grow by 6.3% between 2024 and 2032, after reaching US$ 87.4 billion by 2023.

POS versus POS: Selecting the right solution is far more complex than chasing the cheapest

The article by Peter Ludi, Business Development Executive at redPanda Software, discusses the importance of choosing a robust POS system. Ludi warns of the risks associated with unsuitable systems, such as potential fraud, lost sales, and brand damage. The article advises retailers to opt for a POS solution that caters for their specific retail environment and integrates full functionality, from payment processing to inventory management and personalised promotions.