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As South Africa grapples with multifaceted economic challenges, the trajectory of recovery and sustainable growth is increasingly evident. The latest inflation statistics reflect a promising trend, with annual consumer inflation moderating to 3.8% in September 2024, a notable decrease from 4.4% in August.
Big changes in markets often happen unexpectedly. Twenty years ago, for instance, no one would have imagined how business models in the global music industry would be completely upended.
For more than half of all South Africans, Small and Medium Enterprises (SMEs) are the reason they are currently employed.
Although there's a strong focus within the industry on recruiting Millennials and Gen Z talent, there's a growing apprehension that Generation X professionals, who play a crucial role in bridging traditional practices with future advancements, could be disregarded.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?