B2B Central

PwC

02 Aug 2018

How businesses can spot the set of conditions that enable fraud to occur 

By Janice Roberts

Economic crime is harming businesses at a staggering rate throughout the world. Digital innovation and technology has also given rise to new attack surfaces for economic criminals and fraudsters, with the rate of instances growing at exponential levels.
20 Jun 2018

Inflation declines but rand depreciation triggers rate hike warning

By Janice Roberts

Statistics South Africa (StatsSA) reported on June 20ththat consumer price inflation declined from 4.5% year-on-year (y-o-y) in April to 4.4% y-o-y in May. “The latest reading is in line with economists’ expectations and is comfortably within the South African Reserve Bank (SARB) target range of 3%-6%,” say PwC economists. (The StatsSA inflation report can be...
19 Jun 2018

Cyber and digital skills top growth threats to private business

By Janice Roberts

Growth confidence is high amongst private business owners, for the 12-month and 36-month outlook, but technology and digital skill threats loom large on the horizon. This is according to research among 722 private business owners as part of PwC’s 21st Annual Global CEO survey.
15 May 2018

Quarter of all companies expect cybercrime disruption

By Janice Roberts

The rapid digitalisation of the world’s economy brings with it the potential for economic crime to cripple businesses in highly disruptive and devastating ways. A recent 2018 PwC Global Economic Crime and Fraud Survey found that a quarter of South African businesses believe that cybercrime will be the most disruptive economic crime to affect their...
08 May 2018

Almost half of SMEs will buy insurance online within five years – report

By Janice Roberts

A growing number of small businesses say they are looking to interact with their insurers online, with 36% saying they will buy online in the near term, and 48% within five years.
25 Apr 2018

Surge in consumer confidence reflects #Ramaprogress

By Janice Roberts

  By Christie Viljoen, PwC Economist. The Bureau for Economic Research (BER) reported on April 25th that South African consumer confidence rebounded during the first quarter of 2o18. In fact, sentiment jumped to the highest on record during the period. The improvement between 2017Q4 and 2018Q1 was also the largest on record, eclipsing the jump...
09 Mar 2018

SA’s major banks post solid financial results amid economic uncertainty

By Janice Roberts

SA’s major banks produced a solid set of financial results for the reporting period ended 31 December 2017, despite an operating environment marked by intense levels of policy and economic uncertainty.
08 Mar 2018

More women are actively pursuing their career goals than ever before

By Janice Roberts

82% of women surveyed are confident in their ability to fulfill their career aspirations and 73% are actively seeking career advancement opportunities 63% of South African women have aspirations to be a leader/top level executive 42% of women globally versus 41% in South Africa feel nervous about the impact starting a family might have on...
06 Mar 2018

Revised GDP data erases recent recession

By Janice Roberts

Statistics South Africa (StatsSA) reported on 6 March that the South African economy expanded by 3.1% quarter-on-quarter (q-o-q) during the fourth quarter of 2017. This was stronger than the preceding quarter’s growth reading of 2.3% q-o-q, which was previously reported as 2% q-o-q.
26 Feb 2018

Initial Coin Offerings evolving to a more robust and regulated model

By Janice Roberts

Initial Coin Offerings (‘ICOs’), took off in 2017 as a means used by blockchain based startups to raise funding. A recent report by PwC’s consulting division Strategy& states that in 2017 alone a total of $4.6bn (USD) was raised through ICOs, up from $0.2bn USD in 2016.
15 Feb 2018

Economists' wish list for tomorrow's SONA

By Janice Roberts

  President Cyril Ramaphosa will deliver his maiden State of the Nation Address (SONA) on 16 February 2018. The annual speech kicks off the Parliamentary year and focuses on the country’s current political and economic situation. Regarding the latter, South Africa experienced deteriorating economic conditions during 2014-2017, and there is great hope for an improvement...
16 Jan 2018

Will the Reserve Bank cut rates this week?

By Janice Roberts

By Maura Feddersen, Economist with PwC’s Strategy& The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is meeting on 17 and 18 January to deliberate interest rates. The central bank’s monetary policy stance aims to keep inflation in the target range of 3%-6% annually, thereby protecting the value of the currency and the purchasing...