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While most South African CEOs seem to want to go back to the old normal - doing exactly what they were doing before the pandemic - tech guru Stafford Masie, who established Google South Africa in 2006 and recently led WeWork South Africa, says returning to “normal” would be a big mistake.
Back in June 2012, a new insurance company launched, with a bold vision of turning the local insurance industry on its head. It wasn’t so much a start-up as an upstart. Most people said it wouldn’t last three months. Nine years later, King Price has become one of the most recognisable brands in South Africa.
We often hear that failing to plan is planning to fail. This axiom is especially true when it comes to financial planning, but planning for failure could set you up to deal with unexpected circumstances far better. Short-term insurance tailored to your insurable needs adds a buffer to your financial planning.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?