Articles about Boston Consulting Group

ITWeb TV: Cash dominates payments despite digital rise

SA’s “two-speed” payments system sees digital transactions expand in the formal sector, as cash continues to dominate informal commerce.

Social media becomes new storefront

Now rivalling word-of-mouth as top purchase driver, social media is shaping African consumers’ buying decisions, says Boston Consulting Group.

SA firms must gear up for AI talent war

Companies worldwide are fiercely competing for top AI talent, offering premium salaries to attract experienced AI professionals.

R17.6m green economy grant to boost SA youth job creation

The African Development Bank awards a R17.6 million grant to support green skills development for South Africans, with a focus on youth.

As AI goes mainstream, job-loss fears persist, shadow AI continues

Forty-one percent of all global respondents to a survey are worried their roles could disappear within the next decade.

GenAI, AI drive enterprises to increase cloud investment

More than half of surveyed organisations across the globe say artificial intelligence is the main driver for increasing their investment in cloud.

Green energy to support job creation in SA

South Africa has the highest job creation potential in Africa, with 275 000 new renewable energy jobs forecast by 2030.

GenAI in SA sees shift from curiosity to usage phase

More South African firms move beyond pilot phase and start to integrate the emerging tech into the fabric of their organisations.

Rethinking AI: From playing around to strategic business transformation

Despite AI's allure, translating promise into profit poses a persistent challenge for businesses.

Africa’s fintech market expected to reach $65bn by 2030

A report by Boston Consulting Group and QED Investors found that SA, Nigeria, Kenya and Egypt are leading the fintech race in Africa.

Generative AI to supercharge four key sectors in SA

Generative artificial intelligence is poised to be a transformative technology in SA, although many of its risks will prove difficult to mitigate, says a Boston Consulting study.

How financial institutions can safeguard against deepfakes

A growing percentage of face biometric technology incorporates some form of liveness checks – such as wink and blink – to verify and authenticate customers.