Economy

A survey of more than 5 000 employees last year established that only 36% of respondents were able to access a retirement fund, with only 7% of retirees feeling prepared for their retirement years. Here's how the Western Cape’s Building Industry Bargaining Council’s pension fund is ensuring that minor children of builders today can get the help they need once their parents pass on.

With South Africa getting closer to rolling out a digital nomad visa, it is a mix of good news for the economy but also a cause for concern about how it might affect our local coders, writes Mvelo Hlophe, CEO at Zaio.

Globally popular collective bargaining can invigorate a workforce to withstand market volatility and financial uncertainty while addressing issues of complexity.

Michael Gullan provides solutions on how organisations can foster a high-performance culture while mitigating burnout and stress on their management teams.

If your business has to deal with frequent tax penalties, compliance fines and legal disputes, it may be time to consider outsourcing your payroll to a professional payroll bureau.

A good customer experience (CX) has a delicate balance between relevance and respect, data precision, and human empathy. Thanks to advancements in cloud technologies and artificial intelligence, additional opportunities are created to use CX and drive new business growth.

In the fast-paced world of contact centres, where every interaction is an opportunity to sell and foster customer loyalty, self-discipline emerges as a game-changer. Jacqueline van Rooijen, a leading sales strategist, emphasises its transformative power. 

Working with money is a stressful task doesn’t matter if it applies in business or personal capacity. We often look at the amount of income we earn and dread if it will be enough to cover the monthly expenses, especially if your income does not adjust according to rising inflation and interest rates.

Business expert Dr Erika Zeelie, Deputy Head of Faculty: Commerce at The Independent Institute of Education, says that hospitality helps a business go beyond the transactional exchange of goods and services – and with consumer expectations of service levels currently at an all-time high, hospitality in business has become a competitive edge that can’t be ignored.

The article below counters the misperception that eLearning is primarily used for onboarding, product training, compliance, and other internal processes. eLearning is being used with great success to amp up sales professionals, who are the lifeblood of most organizations.

Lisk & CV Labs Africa unveil VC Curated Blockchain Incubation Hub to empower blockchain entrepreneurs across Africa.

In the rapidly evolving landscape of artificial intelligence (AI), myths and misconceptions often cloud the public's understanding of what AI is truly capable of and how it impacts our daily lives.

Companies are faced with challenges every day. As technology continue to evolve at the speed of light, companies are forced to keep up or get left behind. Inflation rates, employee burnout, competitors, customer services are all examples of issues companies face.

Every year billions are spent on training and skills programmes for South Africa’s youth. The challenge is that while they teach tens of thousands of youth new skills, they don’t necessarily create a clear path into actual jobs.

New vehicle sales in South Africa continue to impress despite the challenging economic climate. Figures released by the National Association of Automobile Manufacturers of SA (Naamsa) for June 2023 show that 46 810 units were sold – a 14% increase compared to the same month last year.

The repayment of high-interest loans to unscrupulous moneylenders is a serious problem for many South Africans. Some borrowers even take on additional credit to pay off previous loans, and subsequently become trapped in a downward spiral of debt.

The recent increase in interest rates to a 14-year high will impact our pockets in many ways, from home loans and credit card debt to savings and investments.

There are many advantages to having a store card, but you need financial discipline to use it responsibly. 

Many South Africans face the prospect of a tough 2023. Inflation is the highest it has ever been, and the repo rate has steadily risen with more increases expected in the near future.

The combined effects of the pandemic, a weak economy, rising inflation and interest rates are resulting in more financial stress for many South Africans, which is taking an associated toll on their mental well-being.