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How venture capital is driving job creation in SA

13 March 2019

With an unemployment rate of 27.1% at the end of last year, South Africa has much to gain from the venture capital (VC) industry, which not only encourages business development, but enables entrepreneurs to expand their businesses, driving employment opportunities.

How to prevent Corruption and Unethical Behavior in South African businesses

11 March 2019

In a country where unethical behaviour and blatant corruption by political and business leaders seem to be the norm, more and more people are asking what causes it and how it can be prevented.

The AI revolution is here – and you’re going to love it

06 March 2019

You’re planning a meeting on the other side of town and enter the destination into Google Maps. Your insurer immediately calculates the best possible route based on risk and traffic patterns, and sends you the premium for that trip, based on your driving patterns and claims history. It also suggests times for your trip where the risk – and the premium - would be lower. It even adjusts your life insurance premium accordingly, if you drive like a hooligan (or stop for a sneaky burger on the way).

The impact of public opinion: a force for good or bad?

26 February 2019

In an age of social media proliferation, internet sensations are born overnight and reputations can be destroyed in an instant. Intermediaries and insurers have to navigate these turbulent waters with great care. The court of public opinion - whether factually and legally correct or not - can ruin a good business with enough public support, or depending on your point of view, exact righteous justice.

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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