Digital Transformation
A Future Reimagined for Africa Post-Pandemic
Sourced from Redbubble and iStock. In a rare television broadcast Angela Merkel, the German chancellor, described the COVID-19 pandemic as “Germany’s biggest challenge since the Second World War”. It has indeed proved to be a crisis of global proportion with material implications for the economies and livelihoods of all. Governments across the globe have locked down cities, towns, villages and townships to curb the spread of the virus. Massive fiscal stimuli have been enacted to cushion the economic and humanitarian impact of the pandemic. The World Bank and International Monetary Fund have set aside a large quantum of emergency financial support for countries to tap into. African countries have implemented strong containment measures to avoid further spread of COVID-19. For countries in W...
Respond, Restart, Re-create – How SMEs can Survive Lockdown
Sourced from SAP The outbreak of COVID-19 has caused disruption across the globe and has led to two simultaneous crises. The first is the illness itself – with tens of thousands of fatalities globally and healthcare systems strained, or at capacity. The second is an economic slump, resulting from the closing of borders and supply chain disruptions. Many countries have also imposed strict lockdown and social distancing measures. While vital to prevent the spread of the virus, it is worth remembering the very real economic impact measures like this can and are having in South Africa, and around the world. Unlike large enterprises, which often have a level of resilience built-in, many small and medium-sized enterprises (SMEs) still rely on having customers physically present in the shop, rest...
Doing Business in a Post-Lockdown World
Sourced from Business News Daily At the beginning of March, few anticipated the significant impact the COVID-19 pandemic would have on the lives of all South Africans. As the gradual easing of the strict lockdown conditions continues, thoughts turn to how companies will begin their recovery. Ian McAlister, GM of CRS Technologies, looks at what to expect. From Friday 1 May, South Africa transitioned to Level 4 lockdown conditions which will result in several more industries resuming operations, albeit in a limited capacity. And while all the details around operational issues are still to be confirmed, expectations are that at least 1.5 million South Africans will be returning to work. In part, this is designed to get the economy back up and running following several weeks of virtual non-act...
