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South Africa’s transport sector remains a critical component of the national economy, contributing around 8% of GDP, according to Stats SA. This sector includes logistics, freight, road, air, and sea transport, with efficiency impacting the movement of goods, economic activities, tourism, and employment.
In the fast-paced, high-stakes world of law, the qualities of empathy and compassion are often overshadowed by the pursuit of career growth. Yet, these very qualities are foundational to the true success of any lawyer.
Young individuals, who are in the process of accumulating wealth and typically do not have substantial savings, especially for unexpected expenses such as vehicle damages, third-party liabilities, theft, or damages to valuable items such as laptops, are the ones who benefit the most from having insurance.
Digitalisation and technological advancements have continued to transform the insurance and reinsurance sectors. As part of this, the industry has looked to find new ways to exploit the huge volumes of data it obtains to improve decision-making, risk mitigation and its overall offer to clients.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?