fbpx
  • The Project
  • Advertise
  • Flights
  • Hotels
  • Tours
  • Donate
  • E-Store
Monday, March 1, 2021
No Result
View All Result
Nomad Africa Magazine | Celebrating the world's richest continent
SUBSCRIBE
  • Home
  • Tourism News
  • Features
  • Top Destinations
  • Culture & Existence
  • Showcase
  • Spotlight
  • Watch
  • COVID19 Updates
  • Login
  • Home
  • Tourism News
  • Features
  • Top Destinations
  • Culture & Existence
  • Showcase
  • Spotlight
  • Watch
  • COVID19 Updates
  • Login
No Result
View All Result
Nomad Africa Magazine | Celebrating the world's richest continent
No Result
View All Result

How do we create greater resilience and inclusion in South Africa after COVID?

Press Room by Press Room
February 15, 2021
in News
Reading Time: 3min read
0
How do we create greater resilience and inclusion in South Africa after COVID?
Share on FacebookShare on Twitter
ADVERTISEMENT
ADVERTISEMENT
  • The challenge of avoiding digital inequality
  • How a more inclusive approach to digital transformation can provide long-term economic growth
  • Why taking short cuts exposes South African businesses to increased risk of cyber-attack

A report, written in partnership with Marsh has been warning the world about the dangers of pandemics. COVID-19 has not only claimed millions of lives, but it also risks widened long-standing health, economic and digital disparities. Billions of caregivers, workers and students – especially minorities who were disadvantaged before the pandemic – could be at risk of missing pathways to the new and fairer societies that the recovery could unlock.

Globally, the acceleration of the digital transformation as a result of the pandemic promises large benefits, for example the creation of almost 100 million new jobs by 2025. At the same time however, digitalisation may displace some 85 million jobs, and since 60% of adults still lack basic digital skills, the risk is the deepening of existing inequalities. It is also expected to expose businesses, and their customers, to significantly greater risk of cyber-attacks.

Financial, digital and reputational pressures resulting from COVID-19 also threaten to leave behind many companies and their workforces in the markets of the future, creating potential disparities that could lead to societal fragmentation.

Commenting on the latest Global Risk’s key findings, Spiros Fatouros, CEO Marsh Africa, commented: “When it comes to access to technology and digital skills, the gap between the “haves” and the “have nots” could widen. This has the potential to particularly affect young people. This is why it’s imperative that South African businesses work towards ensuring that in accelerating their digital transformation programmes, they do not miss the opportunity for growth that comes with embracing sections of society who might not have access to the technology necessary to function in a digital first world.”

Economic and societal fallout from COVID-19 will profoundly impact the way organisations interact with clients and colleagues long after any vaccine rollout. As businesses transform their workplaces, new vulnerabilities are emerging, and rapid digitalisation is exponentially increasing supply chain disruption and cyber exposures. Cyber risk (30%) and misuse of technology (29%) were identified in the report by senior business leaders as some of their biggest concerns – a water crisis (63%) was highlighted as the number one risk to doing business. Mr. Fatouros believes ” every business will need to strengthen and constantly review their strategies if they are to improve their resilience to future shocks“.

“In 2020, the risk of a global pandemic became reality, something this report has been highlighting since 2006. As governments, businesses and societies begin to emerge from the pandemic, they have an opportunity to shape new economic and social systems that improve our collective resilience and offer the capacity to reduce inequality, improve health and protect the planet.”

The South African Government understands these challenges, establishing the Presidential Commission on the Fourth Industrial Revolution (4IR). The 4IR – inclusive of the private sector and civil society – ensures that South Africa is in a position to grab the opportunities and overcome the challenges of rapid technological advances.

Mr. Fatourosconcluded, “The pandemic has been a stress-test that shook the foundations of economies and societies worldwide. Rebuilding resilience to systemic shocks will require significant funding, international cooperation, and greater social cohesion. South Africa is well placed to achieve this if businesses are willing to adapt their approach. Resilience will also hinge on the continued growth in connectivity, as we know that businesses that digitised early performed better in 2020.”

ADVERTISEMENT
Previous Post

SANBC works with the industry to fast track business events recovery in South Africa

Next Post

Malawi SDG Acceleration Fund approves new programmes to fight COVID-19

Press Room

Press Room

Nomad Africa celebrates life on the African continent. Covering stories from all countries and all cultures, it strives to include unique tourist attractions, business development, technology and investment opportunities as well as looking at the continent's cultural heritage.

Related Posts

Vodacom Democratic Republic of Congo (DRC) and Mondia launch first-of-its-kind maternal health service in Democratic Republic of the Congo
News

Vodacom Democratic Republic of Congo (DRC) and Mondia launch first-of-its-kind maternal health service in Democratic Republic of the Congo

March 1, 2021
Innovative Smart Bag redefines menstruation management for refugee girls in Uganda
News

Innovative Smart Bag redefines menstruation management for refugee girls in Uganda

March 1, 2021
ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa
News

ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa

March 1, 2021
Next Post
Malawi SDG Acceleration Fund approves new programmes to fight COVID-19

Malawi SDG Acceleration Fund approves new programmes to fight COVID-19

Please login to join discussion
ADVERTISEMENT

Sign up for Weekly Newsletter

Sign up for Nomad Africa's weekly newsletter and never miss out on travel and tourism updates across the continent of Africa. Get industry insights, travel tips and understand how the latest trends will affect your business. Learn more about African culture and support tourism in Africa.
* = required field

powered by MailChimp!
ADVERTISEMENT

Follow Nomad Africa Mag on Twitter

Tweets by @NomadAfricaMag
ADVERTISEMENT

Recent Posts

  • Vodacom Democratic Republic of Congo (DRC) and Mondia launch first-of-its-kind maternal health service in Democratic Republic of the Congo
  • Innovative Smart Bag redefines menstruation management for refugee girls in Uganda
  • Travelling with teens? Here is a survival guide
  • ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa
  • Hoteliers must embrace digital technology, says TIME Hotels’ Corporate Director of IT
  • UN forum unveils the wonders of artificial intelligence and other Science, Technology and Innovations for Africa
  • WHO launches first Mass Casualty Management (MCM) training in Addis Ababa
  • How to ensure that you don’t outlive your savings
ADVERTISEMENT

Trending on NomadTV

https://www.youtube.com/watch?v=e2bhBUqVHDw&t=3s
https://www.youtube.com/watch?v=fLCy9F-47as&t=19s

Tags

#POATE2020 #PearlofAfrica #VisitUganda Africa Africa Travel Angola Aviation Botswana Cape Town China Dubai Egypt eswatini Ghana Hospitality Hotels Johannesburg Kenya Kigali Limpopo Marrakech Marriott Mauritius Morocco Mozambique Nairobi Nigeria Nomad Africa Radisson Hotel Group Rwanda RwandAir Senegal Seychelles South Africa South African Tourism Industry swaziland Tanzania Tourism Travel Travel News Uganda Venda Wesgro Western Cape WTM Africa Zambia Zimbabwe
GallivantPlus GallivantPlus GallivantPlus
ADVERTISEMENT
ADVERTISEMENT

About Nomad Africa

Nomad Africa celebrates life on the African continent. Covering stories from all countries and all cultures, it strives to include unique tourist attractions, business development, technology and investment opportunities as well as looking at the continent's cultural heritage.

We Are Social

Recent Posts

  • Vodacom Democratic Republic of Congo (DRC) and Mondia launch first-of-its-kind maternal health service in Democratic Republic of the Congo
  • Innovative Smart Bag redefines menstruation management for refugee girls in Uganda
  • Travelling with teens? Here is a survival guide
  • ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa
  • Hoteliers must embrace digital technology, says TIME Hotels’ Corporate Director of IT

Recent Comments

  • Hassan Tongun on The Karo Tribe: Ethiopia’s Indigenous Group That Excels in Body Painting and Scarification
  • Teferi Adem on The Karo Tribe: Ethiopia’s Indigenous Group That Excels in Body Painting and Scarification

Get In Touch

2414 Publishing (Pty) Ltd,
135, Daisy Street, Off Grayston Drive, Sandowns, Sandton, Johannesburg, South Africa.
Tel: +27.[0]10.590.6264, +27.[0]11.052.4597
Cell:+27.719.130.776, +27.610.817.489
Email: info@nomadafricamag.com

Please send all press releases to editor@nomadafricamag.com.

  • About Us
  • Advertise
  • Partner with us
  • Privacy Policy
  • Get In Touch

© 2021 All Rights Reserved 2414 Publishing (Pty) Ltd. Designed & Developed by: CreativeMagic Group.

No Result
View All Result
  • Home
  • Tourism News
  • Features
  • Top Destinations
  • Beliefs & Existence
  • Spotlight
  • Showcase
  • Watch
  • COVID19 Updates
  • Subscribe
  • Login

© 2021 All Rights Reserved 2414 Publishing (Pty) Ltd. Designed & Developed by: CreativeMagic Group.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Wait! Have You Signed Up For
Our Weekly Newsletter?

Sign up for Nomad Africa’s weekly newsletter and never miss out on
travel and tourism updates across the continent of Africa. Get industry insights,
travel tips and understand how the latest trends will affect your business.
Learn more about African culture and support tourism in Africa.