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Independent research conducted by impact measurement company, 60_decibels has brought to light the difficulty South African blue-collar workers are faced with on a monthly basis to stretch their wages through to the end of the month. This further confirms that the traditional approach to employee payment needs an urgent refresh.
Digitisation is driving the convergence of industries across the globe resulting in traditional financial services groups contending with a range of new competitors. The implications could be dire for financial services organisations that are unwilling to adapt their strategies in these changing times, according to the findings of a report by world-renowned platform economy expert Sangeet Paul Choudary and Standard Bank’s Wholesale Clients Digital unit.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?