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Think of the richest people in the world, for example Warren Buffet or Bill Gates – you can attribute a great deal of their wealth to the businesses they own. And you too can be an owner of businesses by investing in stocks.
COVID-19 and the ensuing national lockdown has had a dramatic effect on all spheres of South African society, but small and medium-sized enterprises (SMEs) – especially those in the service sector – have been particularly hard hit. These SMEs, however, are also the fastest creators of new jobs, and could underpin the country’s much-needed economic recovery.
South Africa’s economic recovery is rightly in the spotlight, and important questions need to be asked. We need to know not only how we bounce back from the lockdown-induced contraction but also how we raise the longer-term economic growth rate.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?