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Inflation and tricky labour market push South African firms towards offering 6.1% pay rises in 2024

11 August 2023

Employers in South Africa are planning to increase their budgets for pay by 6.1% in 2024 as they try to attract and retain staff amidst ongoing inflation and a competitive labour market, according to research by WTW, a leading global advisory, broking, and solutions company.

Insurance State of the Market 2023

08 August 2023

Coface Asia Corporate Payment Survey 2023: Asian companies experience fewer payment delays and are rather optimistic despite multiple headwinds ahead

27 July 2023

Businesses can achieve greater success with skilled workforce planning

25 July 2023

If more business leaders take a skills-first approach, more jobs would be unlocked, yielding greater benefits for the economy and wider society

quick poll

Question

What do you believe will be the biggest challenge when the COFI framework is finally implemented?

Answer

The cost and complexity of relicensing Demonstrating customer outcomes through data and reporting Embedding a customer-first culture across the business Aligning existing compliance frameworks with COFI requirements

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2023 Coface China Corporate Payment Survey : Companies report shorter payment delays in 2022 and expect higher economic growth in 2023

27 June 2023

Almost half of Africa’s workforce say their skills aren’t being used in their roles, with more than a third looking for new employers as they feel the financial pinch

26 June 2023

Strategic planning around the workforce is key to building business resilience

22 June 2023

At least 8 out of 10 surveyed South Africans plan to continue working past retirement age due to lack of retirement savings, FNB Retirement Survey reveals

22 June 2023

Alternative investments survey highlights renewable energy, AI and crypto are most in demand for South Africans

08 June 2023

Do you trust artificial intelligence? High-tech countries say 'no', reveals Swiss Re analysis

01 June 2023

Widening the gap

30 May 2023

Private equity firms rise above global economic stress

25 May 2023

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Surveys, Reports and Ratings / General