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Digital disruption continues to change the game in the insurance industry, with Covid 19 accelerating the process – leaving the industry faced with a paradigm shift in a world powered by technology.
It’s a tough time to start a new presidency in the US, given the state of the American economy and the uncertainty that remains regarding Covid-19. But President Joe Biden has been clear in terms of what he hopes to achieve, and this includes tax changes, regulatory changes, and a big push in terms of stimulus.
As the economy sheds jobs and business closures mount because of the COVID-19 pandemic, South Africa has its work cut out in attempting to expand the tax base. This would be difficult but not impossible to achieve, says Robyn Berger, Executive: Tax at leading African law firm, Bowmans.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?