Author: Staff Writer

Matias Cardarelli has been appointed as the new CEO of PPC, a leading cement company. He will serve as CEO for the next four years, starting from the last quarter of 2023.

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In the dynamic landscape of corporate South Africa, the need for businesses to remain agile and responsive has never been more crucial. The convergence of technological advancements and the aftermath of the COVID-19 pandemic has created a new raft of challenges that companies must navigate. One such challenge is staffing, where the concept of “right-sizing” has emerged as a strategic imperative. The Context of Change The world of work has changed forever, with AI ushering in a new era for employment and the pandemic having re-written the narrative as an unanticipated disruptor that forced companies to re-evaluate their operational strategies…

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The South African government has announced plans to provide fiscal support to the country’s motoring industry as it transitions towards producing electric vehicles (EVs). Deputy Finance Minister David Masondo revealed that funding for the industry’s EV production and component manufacturing will be allocated in the upcoming midterm budget. The move comes at a challenging time for the government’s finances, with revenue under pressure and a risk of missing debt stabilization targets. The motoring industry accounted for 4.9% of South Africa’s GDP and 12.4% of exports in the previous year, employing approximately 110,000 people. However, the transition to EVs poses a…

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