InBound SA-Volume 3 I Issue 10 Business by Media Xpose

INVESTMENT BEYOND THE BASICS PROPERTY

SMARTER STRATEGIES TO SAFEGUARD YOUR WEALTH

THE NETFLIX OF MOBILITY

SOAR WITH YOUR TEAM; REMOTELY AFRICA’S DIGITAL

DOLLAR REVOLUTION

COVER FEATURE

LEADING WITH PURPOSE, INSPIRING WITH IMPACT

Editor’s Note

A NEW CHAPTER FOR THE INBOUND MINDSET

At Inbound SA Magazine, we have always been dedicated to exploring the pulse of innovation, creativity, and transformation in South Africa and beyond. As our world continues to evolve rapidly, so too does the way we work, lead, and grow in business.

That’s why we’re excited to announce the launch of our brand-new Business Section, a space dedicated to providing modern professionals with insights beyond the boardroom.

In this new section, we explore topics that matter: from mastering focus in a hyper-distracted world using the powerful 5-5-5-30 Method, to redefining success through office wellbeing strategies that genuinely work. You’ll also find business book reviews to keep your thinking sharp, coverage of foreign investment trends that influence our local economy, and much more.

Whether you’re a startup founder, a corporate leader, or simply passionate about growth, this section is for you. It’s designed to inspire action, provoke thought, and provide tangible tools to succeed in today’s dynamic environment.

We’re not merely adding pages; we’re broadening horizons.

Welcome to a more intelligent way of doing business.

Warmly,

Venecia Valentine

Editor-in-Chief

POWERING TEAM SA TO GLOBAL GLORY

From Gauteng's Rapid Rail to the World's Aquatics Stage.

As the driving force behind the success of Gautrain, we are now the proud sponsor of Swimming South Africa. Our commitment of R10 million will help fast-track SA's aquatic ambitions at home and beyond, laying the track for Team SA to make waves. We not only unlocking potential but connecting South African talent with the world.

SMART

SMART MOBILITY: THE RISE OF AUTONOMOUS VEHICLES

MINING SAFETY: RETHINKING SAFETY IN HIGH-RISK SECTORS

FOREIGN INVESTMENT: SMARTER STRATEGIES TO SAFEGUARD YOUR WEALTH

FINANCE: WHY TFSAs ARE

INCOME: EARN WHILE YOU SLEEP IN

PROPERTY NEWS: BEYOND THE BASICS

RETIREMENT: THE RISE OF MAISONETTES IN RETIREMENT LIVING

FOREIGN INVESTMENT: THE SMART OFFSHORE STRATEGY FOR SA FAMILIES

FOREIGN INVESTMENT: AFRICA’S DIGITAL DOLLAR REVOLUTION

CORNER OFFICE: SOAR HIGH WITH YOUR TEAM; REMOTELY

CORNER OFFICE: HOW AI IS FORCING BUSINESSES TO RETHINK WORK

OFFICE WELLBEING: A SMART GUIDE TO CHANGING JOBS BOOK CLUB

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Thoko Mayekiso Prof LEADING

WITH PURPOSE, INSPIRING WITH IMPACT

AS THE FOUNDING VICE-CHANCELLOR OF THE UNIVERSITY OF MPUMALANGA, PROFESSOR THOKO MAYEKISO HAS ESTABLISHED HER LEGACY THROUGH TRANSFORMATION, INNOVATION, AND EMPOWERING STUDENTS. NOW, AS THE 2025 ENACTUS CHAMPION AWARD RECIPIENT, SHE REFLECTS ON A JOURNEY MARKED BY VISION, RESILIENCE, AND THE DEVELOPMENT OF FUTURE CHANGEMAKERS.

YOU HAVE JUST RECEIVED THE ENACTUS SOUTH AFRICA CHAMPION AWARD FOR YOUR EXCEPTIONAL LEADERSHIP. THIS ACCOLADE HAS BEEN AWARDED ONLY FIVE TIMES IN ENACTUS HISTORY. WHAT DOES IT MEAN TO YOU PERSONALLY TO BE RECOGNISED AMONG SUCH ESTEEMED PEERS?

It is a humbling recognition of the leadership and support provided to students involved with ENACTUS. My journey with ENACTUS started in 2011 when I served as Deputy Vice-Chancellor: Research and Engagement at Nelson Mandela University. When I initiated the formation of the team in 2016, I did not expect that my students would embrace the ENACTUS journey as they did. UMP began participating in the ENACTUS National Competition in 2017.

As Vice-Chancellor, I saw it as my duty to provide the team with the necessary support and development opportunities.

This award is the result of the hard work and dedication of everyone involved with our ENACTUS team over the years. I am pleased that, in the eight years since we began competing in the ENACTUS South Africa National Competitions, UMP students have performed remarkably. This award is not only an inspiration to me but also confirms that establishing the ENACTUS team at UMP was the correct decision.

HOW DO YOU SEE THIS ACHIEVEMENT INFLUENCING YOUR LEADERSHIP STYLE IN THE COMING YEARS?

This achievement definitely sets the scene for many of us at UMP. Validation is important. My leadership approach has focused on continuous support and development. I firmly believe that when one leads, they should support those being led. This is an approach I have used before and continue to employ now. I believe it is an approach to maintain in the future.

HOW DO YOU INTEND TO BUILD ON THIS MOMENTUM TO ENHANCE FURTHER UMP’S ROLE IN SHAPING

FUTURE CHANGEMAKERS?

There is an old adage, “success breeds success.” By being mindful and giving each other feedback, we avoid resting on our laurels. Furthermore, doing well can serve as inspiration and motivation. Others are inspired by witnessing such tangible results on the ground. Thereby, serving as a reminder that when you unremittingly follow effective practices, you are sure to crack the success code. Nelson Mandela once said, “It always seems impossible until it is done.” Now that UMP has achieved this, the next step is to sustain and build on this momentum to attain even more, including in other areas.

SINCE 2014, YOU HAVE LED UMP WITH A VISION FOCUSED ON TRANSFORMATION AND SOCIAL IMPACT. HOW HAS THAT VISION SHAPED THE UNIVERSITY’S APPROACH TO ENTREPRENEURSHIP AND INNOVATION?

Social transformation requires a shift in society’s collective consciousness so that an outcome shapes reality. Central to this idea is that the transformation should be deliberate. The mandate that was clear to me and my colleagues since 2014 was, in establishing a new university, to obtain accreditation for academic programmes and qualifications, and to secure facilities and staff, both academic and support, to deliver those programmes. We also identified graduate attributes which reflect our commitment to the type of graduates we aim to produce at UMP. One of these attributes is that our graduates should be “Innovative and Entrepreneurial”, meaning they should be intellectually curious, independent, creative, and critical thinkers who can innovate by applying their knowledge and skills to solve both novel and routine problems for sustainable development.

AS THE FOUNDING VICE-CHANCELLOR OF UMP, HOW HAVE YOU FOSTERED A CULTURE THAT ENCOURAGES INNOVATION, ENTREPRENEURSHIP, AND COMMUNITY-DRIVEN SOLUTIONS AMONG STUDENTS?

UMP Vision 2030 places innovation at the heart of our actions as the University, “To be an African University leading in creating opportunities for sustainable development through innovation”. Therefore, as a university, we have been dedicated from the beginning to fostering an innovative culture and to playing a catalytic role in innovation. It has always been my understanding and belief that university students should be entrepreneurial. Students should embrace an entrepreneurial mindset and always consider starting their own businesses.

LOOKING BACK, DID YOU FORESEE UMP REACHING MILESTONES OF THIS SCALE WITHIN JUST OVER A DECADE SINCE ITS FOUNDING?

When I was inaugurated as the Founding ViceChancellor in May 2015, my inauguration address outlined what I envisioned for UMP. Publicly stating my intended direction for the University strengthened my commitment and dedication to ensure that the promises made were not empty. The weight of these promises on my shoulders motivated me to ensure that I do not drop the ball or take my eyes off the prize. When there is no room for failure, you tend to communicate your vision clearly and let the team you work with know, unequivocally, how you should come together in the pioneering journey, “luhambo lwemhlahlandlela”. The value of working

consistently and building on every small success is essential for progress. It is never a big bang – but a step-by-step journey.

WHAT LEGACY DO YOU HOPE THIS VICTORY LEAVES FOR FUTURE UMP STUDENTS AND GRADUATES?

This victory leaves a legacy of excellence and success. Our students now realise that they can do it and achieve at the highest level. The same goes for our graduates. I hope that everyone at UMP will use this victory as a stepping stone for future achievements.

HOW DO YOU SEE ACHIEVEMENTS LIKE THIS SHAPING UMP’S POSITIONING IN SOUTH AFRICA’S HIGHER EDUCATION LANDSCAPE IN THE FUTURE?

UMP has established itself as an institution to be reckoned with. The ENACTUS movement in South Africa has come to recognise that UMP is a significant stakeholder and key player. This achievement has not just flown UMP flag, but has also firmly positioned UMP within the higher education sector landscape.

The university’s ongoing contributions to the sector have become evident and continue to be appreciated. In the higher education landscape, recognition and acknowledgement follow, and endorsement subsequently ensues. This allows UMP to claim its rightful place among the long-established universities. The additional dimension proves that with commitment, a sense of urgency, and agility, much can be accomplished. IB

Patricia at the Forefront of Plastic Solutions Pillay

BY VENECIA VALENTINE

AT THE HELM OF POLYCO PRO NPC, PATRICIA PILLAY IS RESHAPING HOW SOUTH AFRICA ADDRESSES PLASTIC WASTE. FROM INVESTING MILLIONS IN RECYCLING INFRASTRUCTURE TO EMPOWERING COMMUNITIES THROUGH INCLUSIVE PROGRAMMES, SHE IS TRANSFORMING ENVIRONMENTAL RESPONSIBILITY INTO REAL IMPACT WITH LEADERSHIP THAT’S AS BOLD AS IT IS HEARTFELT.

Leading Polyco PRO NPC, South Africa’s foremost Producer Responsibility Organisation (PRO) for plastic packaging, is Patricia Pillay – a trained lawyer, a strategic thinker, and a dedicated environmental advocate. Since taking on the CEO role in 2021, Patricia has steered Polyco through a notable transformation: shifting from a voluntary industry organisation to the national guardian of Extended Producer Responsibility (EPR) for all plastic polymer types.

COULD YOU PROVIDE SOME INSIGHT INTO WHY POLYCO IS SO VITAL IN THE SOUTH AFRICAN CONTEXT?

Polyco plays a vital role in tackling one of South Africa’s most urgent environmental issues: plastic waste. As a non-profit organisation, we transform waste into a valuable resource by expanding the collection and recycling of plastic packaging and encouraging responsible use and reuse. Our efforts support local employment, empower women, youth, and people with disabilities, strengthen the recycling economy, and ease the strain on landfills. Through investment in infrastructure, education, and collaboration with municipalities, waste reclaimers, and industry stakeholders, we aim to build a cleaner, more inclusive, and sustainable South Africa.

WHAT DREW YOU TO THE ROLE OF CEO, AND HOW HAVE YOU APPROACHED IT?

I believed Polyco could do more than manage waste –

we could accelerate a practical, inclusive circular economy. Since taking on the role, I’ve focused on three priorities: first, embedding governance with purpose by ensuring accountability and transparency; second, expanding partnerships with municipalities, industry, and civil society to improve collection networks and livelihoods; and third, embedding innovation and resilience by piloting advanced recovery systems and creating blueprints for EPR that turn waste into value. For me, impact is most meaningful when it’s tangible – safer working conditions, higher recycling rates, and clear opportunities for communities to participate in the circular economy.

WHAT ARE SOME OF POLYCO’S MOST SIGNIFICANT MILESTONES?

In 2024 alone, we invested over R180 million in collection and recycling projects nationwide. We funded 115 projects, diverting more than 219 000 tonnes of plastic packaging from landfill. Through our Packa-Ching programme, we’ve paid over R37 million directly to communities and diverted more than 31 million kilogrammes of waste. The long-term benefits are clear: less plastic pollution, extended landfill lifespans, more sustainable jobs, and stronger foundations for South Africa’s circular economy.

WHAT CHALLENGES DO YOU FACE, AND HOW ARE THEY BEING ADDRESSED?

With the introduction of EPR regulations in 2022, compliance remains essential. Sadly, “free riders” (businesses that do not comply) undermine progress, create unfair advantages, and place

financial strain on compliant companies. This hampers industry investment and weakens the EPR model. At Polyco, we are dedicated to turning obligations into meaningful results, but it requires strong industry collaboration and enforcement to ensure a level playing field.

WHAT MESSAGE DO YOU HAVE FOR ASPIRING FEMALE LEADERS?

Be bold, take calculated risks, and never let intimidation deter you. Confidence is built through preparation, clarity of purpose, and the courage to make tough decisions. Stand firm in your convictions, trust your judgement, and resist the temptation to second-guess yourself when challenges arise.

HOW WOULD YOU DESCRIBE YOUR LEADERSHIP STYLE?

Approachable, flexible, and heart-based. I put people first – prioritising well-being, development, and engagement as the foundation of everything we do. I empower my team to think creatively within clear boundaries, building trust and encouraging open communication. Flexibility enables us to adapt quickly, while a heart-based approach keeps us grounded in our mission: delivering sustainable waste solutions that benefit communities, workers, and the environment.

Inside Aware.org’s Mission to Reduce Alcohol Harm

VENECIA VALENTINE

AS ALCOHOL-RELATED HARM CONTINUES TO CHALLENGE SOUTH AFRICAN SOCIETY, AWARE. ORG HAS POSITIONED ITSELF AT THE FOREFRONT OF DRIVING SYSTEMIC SOLUTIONS. WE SAT DOWN WITH THE ORGANISATION’S CEO, MOKEBE THULO, TO DISCUSS LEADERSHIP, PREVENTION, AND THE VISION FOR THE NEXT DECADE. BY

AS CEO OF AWARE.ORG, HOW DO YOU DEFINE YOUR LEADERSHIP ROLE IN GUIDING THE ORGANISATION’S STRATEGY, ESPECIALLY GIVEN THE EXTENT OF ALCOHOL-RELATED HARM IN SOUTH AFRICA? WHAT CORE PRINCIPLES INFLUENCE YOUR APPROACH TO CREATING SYSTEMIC CHANGE RATHER THAN MERELY RAISING AWARENESS?

As CEO, I see my role as both a steward and a catalyst. Stewarding the solid foundation AWARE org has built and catalysing systemic change beyond awareness. Given the scale of alcoholrelated harm in South Africa, leadership must do more than raise alarms; it must shape strategy so that prevention, policy, community norms, and accountability align. My guiding principles are: integrity (ensuring our work is evidence-led and transparent), inclusion (ensuring we listen to and involve those most affected, especially youth and marginalised communities), partnership (no single institution can achieve this alone), and scalability (designing interventions not just for pilot success but for sustainable, broad impact).

WHAT CHALLENGES HAVE YOU ENCOUNTERED IN CHANGING CULTURAL ATTITUDES ON UNDERAGE DRINKING, AND WHICH STRATEGIES HAVE PROVEN TO BE MOST EFFECTIVE?

Changing cultural attitudes towards underage drinking is highly challenging. Two major obstacles are peer pressure and social norms that normalise alcohol consumption within households or communities. Messaging that frightens instead of connects often falls flat. The most effective approach is making the message culturally relevant and youth-led: storytelling

through young people’s voices, incorporating messages into media they watch (such as television dramas like Skeem Saam), promoting sports and recreation as safe alternatives, and educating parents, caregivers, and influencers in the social environments of young people. Programmes that foster connection, relevance, and agency – rather than fear or rules – are proving more successful.

HOW IS AWARE.ORG’S SOBER PREGNANCIES CAMPAIGN WORKING TO PREVENT FETAL ALCOHOL SPECTRUM DISORDER (FASD), AND WHAT ROLES CAN HEALTH SYSTEMS, COMMUNITIES, AND POLICY PLAY IN SUPPORTING ALCOHOL-FREE PREGNANCIES?

Given that South Africa has some of the highest globally reported rates of FASD, AWARE.org has focused on prevention through multiple channels: early detection, raising awareness among women of reproductive age, incorporating FASD prevention messaging into community health and policy systems, and collaborating with research organisations (such as FARR) to monitor prevalence accurately. We’re working to ensure health systems can advise women early and community groups can offer support. Our goal is to shift from treatment and awareness after damage to prevention before or early in pregnancy.

DRIVING UNDER THE INFLUENCE IS A MAJOR RISK. HOW DOES AWARE.ORG BALANCE ENFORCEMENT, EDUCATION, AND BEHAVIOUR CHANGE IN ITS ‘DON’T DRINK AND DRIVE’ EFFORTS AND WHAT’S PROVING EFFECTIVE?

The approach must balance enforcement,

education, and behaviour change. We collaborate with law enforcement agencies like JMPD, TMPD, and Metro Police Departments to ensure enforcement is visible and credible (roadblocks, breathalyser testing), while also conducting public education campaigns, media messaging, and community dialogues. A practical example: joint roadblocks combined with awareness campaigns in Gauteng, where increased enforcement resulted in more arrests, but pairing that with education and community involvement helps change attitudes, not just punish.

HOW

DOES AWARE.ORG EVALUATE THE IMPACT OF ITS KEY PROGRAMMES, AND WHAT METRICS INFORM CHANGES IN STRATEGY?

We track both broad reach metrics and detailed outcome indicators. Key metrics include the number of people reached (children, parents, pregnant women), changes in knowledge and attitudes (e.g., ability to refuse peer pressure, decrease in alcohol consumption), arrests or enforcement related to driving under the influence, enrolment in rehabilitation or support programmes, and ultimately changes in prevalence (where data is available).

HOW DOES AWARE.ORG ESTABLISH AND MAINTAIN PARTNERSHIPS ACROSS SOCIETY TO PROMOTE LASTING CHANGE?

Our strength lies in bringing together diverse partners: government (health, transport, social development), civil society, community organisations, youth leaders, and private sector stakeholders. Maintaining these partnerships requires clear mutual benefits, shared metrics, regular communication, and commitments from all parties (resources, participation, policy). It involves treating partners as co-creators of solutions.

WHAT IS YOUR LONG-TERM VISION FOR AWARE.ORG’S IMPACT, AND HOW WILL YOU SCALE EFFORTS TO REDUCE ALCOHOL HARM? WHAT DRIVES YOUR COMMITMENT TO THIS WORK?

I don’t favour looking too far ahead in a fixed

manner – especially not in the VUCA world (volatile, uncertain, complex, ambiguous) we live in. Instead, I believe in building resilience, agility, and readiness to adapt, while still adhering to a clear long-term mission. For AWARE.org, that mission is to reduce alcohol harm in ways that transform lives and communities. Over time, I see us progressing from discrete programmes to systemic changes: lower FASD prevalence; cultural norms where underage drinking is uncommon; road safety that is fully integrated into everyday law enforcement and community procedures.

The Netflix of Mobility

BY CHARIS TORRANCE

FORGET BALLOON PAYMENTS AND ENDLESS CONTRACTS — THE CAR OF THE FUTURE ISN’T OWNED, IT’S SUBSCRIBED TO. WITH FLEXIBILITY, AFFORDABILITY, AND THE FREEDOM TO SWAP RIDES, AS LIFESTYLES CHANGE, SUBSCRIPTION MODELS ARE DISRUPTING TRADITION AND STEERING THE AUTOMOTIVE WORLD INTO A NEW ERA OF MOBILITY.

Th e automotive industry is experiencing a major transformation, fuelled not just by advancements in engine technologies or the shift towards electric vehicles, but also by a profound change in consumer behaviour. Central to this change is the emergence of car subscription services, offering a new alternative to traditional car ownership and redefining the concept of “having a car”.

Like Netflix revolutionised home entertainment, car subscription services are reshaping traditional vehicle ownership, especially among younger, urban, and tech-savvy consumers.

“Think of it as the ‘Netflix model’ applied to mobility – you pay for the experience and usage, not the asset,” says Kriben Reddy, CEO of Kredo Mobility.

Tinashe Ruzane, co-founder and CEO of FlexClub,

agrees: “Like any other subscription option, car subscriptions let you pay a monthly fee for a product as long as you need it – in this case, a vehicle, which includes the car itself, insurance, and maintenance.”

ACCESS OVER OWNERSHIP

Subscriptions appeal to users for their simplicity and flexibility. Ruzane notes that instead of a long-term loan or lease, subscribers pay a fixed monthly fee covering insurance, maintenance, roadside assistance, and sometimes licensing.

Users don’t need a high credit score, and can cancel or swap vehicles with short notice. A refundable deposit is required, but it’s smaller than typical vehicle finance deposits.

“Drivers can access a car and return it when they no longer need it, or swap it for another vehicle that better suits their changing needs,” adds Ruzane.

This model particularly appeals to younger generations. “Particularly Millennials and Gen Z, are less fixated on ownership and more interested in access, flexibility, and affordability,” says Reddy. “For them, a car is less of a status symbol and more of a utility that enables freedom and mobility.”

A NEW CULTURAL NARRATIVE

The car subscription model doesn’t just alter the economics of driving – it’s transforming car culture altogether.

“A car subscription fills the need of access to a car, without the risk of debt, the surprise of balloon payments, and the worry of buying a ‘dud’ car that doesn’t suit needs or preferences,” says Ruzane. “It’s shifting the culture from ‘my car defines me’ to ‘my car serves me.’”

Reddy echoes this view, noting how the cultural significance of owning a car is changing: “Subscription models align perfectly with this mindset – they remove the long-term financial burden of ownership, offer access to different vehicles to suit lifestyle needs, and allow drivers to opt in and out as their circumstances change.”

In areas like South Africa, access to traditional vehicle finance is limited by creditworthiness.

“Vehicle ownership is largely tied to a consumer’s ability to secure vehicle

finance, which in turn is linked to good credit standing,” says Reddy. “Subscription models break the mould... making it a more open and appealing service to all types of consumers, not just creditworthy ones.”

IMPLICATIONS FOR CAR MAKERS

As consumer behaviour evolves, so must the strategies of automotive manufacturers.

“Manufacturers are starting to rethink both design and marketing in the context of access rather than ownership,” Reddy explains. “Vehicles are being designed with durability and modularity in mind to accommodate multiple users over shorter cycles.”

The way cars are marketed is evolving too. Traditional advertising tends to sell a dream of ownership and aspiration, while subscription models emphasise ease of use, lifestyle integration, and technology-focused solutions.

“It’s about providing for a mixed use of ownership and freedom of choice,” says Ruzane. “In this model, the asset remains physical, but the experience becomes programmable. Vehicles can be provisioned on demand, billed through prepaid accounts, and distributed digitally.”

EMOTIONAL ATTACHMENT AND EXPERIENCE-DRIVEN LOYALTY

“Traditionally, ownership has been tied to identity and emotional attachment: ‘this is my car’,” says Reddy. “With subscriptions, the emotional connection shifts from pride of ownership to the experience of mobility. People connect more with what the car enables them to do... rather than the vehicle itself.”

Ruzane sees car subscriptions as part of a broader lifestyle toolkit: “The car serves the current need of the individual and can be flexibly changed based on their needs and current lifestyle.”

This doesn’t mean emotional connections fade; instead, they evolve. Loyalty may move from a brand or specific model to the quality of service and user experience.

“SUBSCRIPTION MODELS BREAK THE MOULD... MAKING IT A MORE OPEN AND APPEALING SERVICE TO ALL TYPES OF CONSUMERS…”

DISRUPTION AND OPPORTUNITY

“Subscription models disrupt the traditional sales funnel for dealers,” explains Reddy. “Revenue shifts from upfront sales to recurring streams... Dealers may also face increased fleet management responsibilities, higher logistical demands, and the need to invest in digital-first customer experiences.”

Ruzane adds: “The biggest challenge is the lack of the finance lock-in model, and balloon payment elements, as well as traditional insurance commission. However, there are also opportunities... manufacturers can create new revenue streams with fleets, creating a life span for vehicles.”

THE ROAD AHEAD

As subscription models mature, the car industry will need to balance innovation with infrastructure. “Those who embrace the shift stand to benefit from recurring revenue, closer customer relationships, and stronger data insights,” concludes Reddy.

In a world increasingly centred on experiences and flexibility, the car subscription model is more than just a fleeting trend – it represents the future of mobility. IB

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As the concessionaire of the N4, we don’t just build and maintain roads — we connect people, places and countries, quickly, conveniently and safely. From the Maputo port in Mozambique to South Africa’s economic hubs, our world-class route empowers trade, tourism, and growth across Southern Africa. With advanced traﬃc monitoring, award-winning road safety initiatives, and a commitment to sustainable development, TRAC N4 is the backbone of regional commerce.

Using a reliable route like the TRAC N4 will keep your business moving forward!

The rise of autonomous vehicles

BY CHARIS TORRANCE

SELF-DRIVING CARS OFFER THE PROMISE OF SAFER, SMARTER TRANSPORT, BUT SOUTH AFRICA’S CHAOTIC ROADS, FRAGILE INFRASTRUCTURE, AND REGULATORY GAPS COULD HINDER PROGRESS. WILL AI-POWERED MOBILITY SUCCEED IN A SYSTEM NOT YET PREPARED TO SUPPORT IT? THE JOURNEY AHEAD IS COMPLEX.

In just 10 years, the global auto industry has raced into a sci-fi future: where selfdriving cars are no longer fiction, but fast becoming fact. These vehicles, powered by artificial intelligence (AI) and advanced sensor systems, aim to transform urban mobility, decrease accidents, and improve transport efficiency.

The journey towards full automation is usually assessed according to the SAE (Society of Automotive Engineers) scale, which ranks driving automation from Level 0 (completely manual) to Level 5 (full automation under all conditions).

Today, most commercially available vehicles have Level 1 or 2 automation, such as adaptive cruise

control or lane-keeping assist. Level 3 and beyond, however, involves the vehicle taking over full control in certain or all environments, requiring significant advancements not just in technology but also in infrastructure and legislation.

So, where does South Africa position itself in this race towards autonomy?

THE CURRENT LANDSCAPE OF AI AND SELF-DRIVING CARS IN SOUTH AFRICA

According to Mike Pashut, CEO of CHANGECARS, South Africa’s progress towards autonomous driving is more about adapting the ecosystem than the technology itself. “The biggest obstacle is the taxi industry,” Pashut observes. “Autonomous vehicles depend on predictable

behaviour and clear road markings. In South Africa, unpredictable taxi driving, such as cutting in and skipping robots, would cause constant emergency braking.”

This unpredictability greatly affects the practicality of even semi-autonomous features. On the SAE scale, Pashut presents a clear picture: “With taxis driving as they do and no strong law enforcement, the realistic level is 0. Autonomous cars cannot anticipate erratic taxi behaviour, making safe autonomy impossible under current conditions.”

Apart from erratic driving behaviour, the state of South Africa’s road infrastructure presents another challenge. “Autonomous systems rely on clearly pre-marked road lines and consistent conditions, which SA infrastructure does not provide,” Pashut adds. Inconsistent or faded lane markings, frequent potholes, and variable road signs all hinder AI systems from making accurate real-time decisions.

Then there’s the issue of regulation. While developed countries are establishing comprehensive frameworks for AV testing and deployment, South Africa falls behind.

“These tie back to law enforcement and infrastructure issues raised earlier,” says Pashut. “Without addressing these, regulatory readiness is irrelevant.”

ADVANTAGES OF AI-POWERED AUTONOMOUS CARS

Despite the present challenges, the long-term advantages of autonomous vehicles cannot be overstated. AVs have the potential to:

• Reduce road fatalities: With over 10 000 road deaths annually in South Africa, much of which is caused by human error, AVs could significantly improve safety.

• Increase efficiency: Self-driving cars can optimise routes, lessen congestion, and cut emissions.

• Improve accessibility: For the elderly and disabled, autonomous vehicles could offer new independence.

• Boost economic productivity: Less time behind the wheel means more time for work or leisure.

However, without a supportive ecosystem, these advantages stay hypothetical.

CHALLENGES ON THE ROAD AHEAD

South Africa’s journey towards autonomy is not just paved with potholes, but also littered with systemic issues that demand coordinated attention.

1. Social resistance and distrust

“There’s a deep mistrust in the system here,” explains Pashut. “In first-world nations, infrastructure and social trust support adoption. South Africa struggles with opposite dynamics: weak infrastructure, distrust, and resistance to tech that reduces jobs.”

This mistrust, combined with a high unemployment rate, makes it difficult for the public to accept technologies seen as job killers such as self-driving buses and delivery bots.

2. Infrastructure readiness

Modern AV systems depend on detailed maps, consistent road conditions, and realtime data from smart infrastructure. South Africa’s inconsistent electricity supply, underinvestment in road maintenance, and lack of intelligent transport systems pose significant barriers.

3. Legal and ethical questions

Who is liable in an accident involving a selfdriving car? How do we programme AVs to make ethical decisions in unavoidable crash scenarios? These questions remain unresolved worldwide, but are further complicated in countries where legal enforcement is inconsistent.

PIPEDREAM OR LONG-TERM REALITY?

According to Pashut, autonomous vehicles in South Africa are not a near-term reality. “It may be a long-term reality, but only because SA will eventually have to catch up. As with the internet and aviation, SA doesn’t invent but inherits tech. AV adoption will only come once it’s unavoidable, not through proactive planning.”

This pragmatic view highlights a broader truth: although the technology for autonomous vehicles is progressing quickly, South Africa’s preparedness to embrace it stays low. Without strong political will, infrastructural investment, and social support, the idea of driverless cars on Johannesburg or Cape Town’s roads remains just that: an idea. IB

Rethinking Safety in High-Risk Sectors

BY TARRYN-LEIGH SOLOMONS

MSHEQ’S CHARNÉ VOSLOO REVEALS HOW DIGITAL TOOLS, AUDITABLE METRICS, AND A FOCUS ON MENTAL HEALTH ARE TRANSFORMING WORKPLACE SAFETY INTO A STRATEGIC DRIVER OF PERFORMANCE AND REPUTATION.

High-risk sectors such as mining continue to face significant challenges – from worker fatigue to increasingly congested sites. These pressures are testing traditional safety systems to their limits.

Charné Vosloo, Managing Director at MSHEQ Health and Safety Consultants (part of the Stallion Integrated Group), believes it’s time to rethink Health, Safety, Environment, and Quality (HSEQ).

“As a leader in health and safety with expertise across high-risk sectors, MSHEQ has identified three emerging trends that will strengthen HSEQ into a force that boosts performance, reputation, and investor confidence.”

DIGITAL TOOLS REWRITING SAFETY HANDBOOKS

Digitisation is advancing quickly, particularly among listed companies, aligning with the JSE Sustainability Disclosure Guidance and international standards such as GRI and IFRS S1/S2. Transnet digitised its EHS processes, replacing multi-day reporting with real-time KPI dashboards.

Gold Fields’ South Deep mine achieved ISO 45001 certification via a digital system, while Implats Refineries integrated HSE data to improve frontline reporting accuracy. “Technology allows us to move faster, see more, and act sooner. Realtime data and predictive analytics are helping clients identify hazards and prevent incidents before they happen,” says Vosloo.

Yet adoption remains uneven, with SMEs often stuck on paper-based systems and facing skills gaps.

ESG METRICS RESHAPING ACCOUNTABILITY

Boards now demand auditable, GRI 403-aligned data, transforming health and safety from compliance into strategic governance. Transnet has integrated incident and audit data into ESG dashboards, enhancing assurance and reporting quality.

Safety performance now directly influences reputation, investor confidence, and resilience.

MENTAL HEALTH REDEFINING WORKPLACE RISK

Mental and emotional health are increasingly seen as vital to safety. South Africa’s Harassment Code (2022), ISO 45003, and WHO guidelines require psychosocial risk assessments. Stress, workload, and unclear roles are recognised as contributing to incidents.

Research shows incident rates fall when organisations address these issues through systemic change rather than isolated wellness campaigns.

TURNING INSIGHT INTO MEASURABLE IMPACT

MSHEQ combines immersive education with advanced technology, featuring ISENZO, a 45-minute isiXhosa theatre production on hazards, as well as digital audits, cloud dashboards, and AI-driven risk assessments. Aligning HSEQ with ESG obligations unlocks budgets and drives behavioural change.

Vosloo concludes: “The real challenge isn’t a lack of rules but a lack of resonance. Genuine change happens when people feel recognised and involved in the solution.” IB

Smarter Strategies to Safeguard Your Wealth

BY FUTURE FOREX

AS SOUTH AFRICA’S RAND BECOMES MORE VOLATILE, OFFSHORE INVESTMENTS ARE INCREASINGLY VIEWED AS A HEDGE AND A MEANS OF BUILDING WEALTH.

Investing offshore not only leverages better returns from global markets but also serves as a safeguard against an unpredictable Rand. Fully understanding the complexities of offshore investing is essential for maximising returns and securing long-term financial stability.

Some of South Africa’s leading investment thinkers have long recommended that citizens should keep as much wealth offshore as possible. The reasoning is straightforward. Over the past decade, the S&P 500 has significantly outperformed the JSE All-Share Index.

“INVESTING OFFSHORE IS A SIGNIFICANT STEP TO BUILDING LASTING WEALTH”

Offshore investing can also act as a hedge against Rand depreciation. For those remaining in South Africa, this may lead to potentially higher returns compared to local investments alone. For individuals contemplating emigration, it enables their money to work for them well before relocating becomes an option.

HERE ARE FIVE IMPORTANT FACTORS TO THINK ABOUT BEFORE TRANSFERRING FUNDS OVERSEAS:

1. Know your annual limits

Individuals can transfer R1 million a year offshore without approval. With SARS approval (an AIT – Approval of International Transfers), a further R10 million can be taken out annually without restriction.

While tax practitioners often charge hefty fees to manage the process, some forex providers like Future Forex assist clients at no extra cost. Larger transfers beyond R11 million require Reserve Bank approval.

2. Understand the fees

Foreign exchange transactions involve more than just a simple fee. In addition to transaction charges, you may also face commissions, account maintenance costs, or other servicerelated fees and charges.

The most significant cost to watch, however, is the margin or “spread”: the difference between the buy and sell rate of a currency. Even small percentage differences can quietly accumulate to thousands of Rands in hidden costs over time.

3. Insist on transparency

Always select a forex provider that openly discloses its exchange rate margins. For instance, if the spot rate is R18.72 to the Dollar but you are charged R18.92, that extra 20c results in over R10 000 in unnecessary fees for a R1 million transaction. Transparency is crucial for safeguarding your returns.

4. Watch the exchange rates

Even small changes in exchange rates can significantly affect long-term profits. Although predicting movements is impossible, partnering with a provider who actively monitors volatility helps guarantee transfers occur at the optimal moment.

5. Diversify wisely

Taking money offshore doesn’t guarantee higher returns. A diversified portfolio (balancing offshore equities, property, or funds with wellstructured local investments) is essential for building resilience and long-term growth.

Investing offshore is a significant step towards building lasting wealth and safeguarding your long-term financial future. By understanding contribution limits, monitoring fees and exchange rates, demanding transparency, and diversifying effectively, South Africans can make offshore investments work more effectively and sustainably for them.

Savings. Consistency. Transparency. These form the foundation of building sustainable offshore wealth. IB

Why TFSAs Are South Africa’s Best-

Kept Secret

BY HAYLEY PARRY, MONEY COACH AND FACILITATOR AT 1LIFE’S TRUTH ABOUT MONEY

GENERATIONAL WEALTH BEGINS WITH SMALL, CLEVER STEPS. A TAX-FREE SAVINGS ACCOUNT ISN’T JUST ABOUT SAVING – IT’S ABOUT SPEEDING UP FINANCIAL INDEPENDENCE WHILE SAFEGUARDING YOUR MONEY FROM TAX.

As South Africa’s inflation rate continues to impact taxpayers, especially the middle class, the need for smarter, more strategic ways to grow wealth has never been more urgent. Although financial literacy is improving, genuine wealth creation often feels out of reach, mainly because many consumers lack the tools and insights to make their money work harder.

Fortunately, the tools are available. What is needed is greater understanding and education. At the core of this are Tax-Free Savings Accounts (TFSAs), Retirement Annuities (RAs), and government-backed incentives, all offering a legitimate and accessible way to build generational wealth. TFSAs, in particular, hold significant potential, yet they remain underused or misunderstood.

THE POWER OF A TFSA

TFSAs are more than ordinary savings accounts; they help accelerate wealth accumulation. South Africans can invest up to R36 000 annually, with a lifetime cap of R500 000, while enjoying tax-free interest and growth. It’s a valuable opportunity for anyone committed to building generational wealth.

NO AMOUNT IS TOO SMALL

Starting small can make a meaningful difference. Investing just R500 monthly from a child’s fourth birthday could grow to over R125 000 by the time they turn 18 – laying a strong foundation for their future.

Maximising contributions from birth could increase that figure to nearly R1 million by age 18, R1.38 million by age 25, and an incredible R12.4 million by retirement – all without tax deductions.

FLEXIBLE AND FUTURE-READY

TFSAs adapt to life’s changes. They enable transfers between institutions without penalties and can start with lump sums from just R5 000. Whether saving for retirement or funding a child’s education, they offer a flexible, tax-free foundation for long-term goals.

In a country where every rand truly matters, TFSAs empower individuals to rethink wealth creation. They’re more than savings accounts, they serve as powerful catalysts for legacybuilding. Each contribution moves you closer to lasting financial independence for future generations. IB

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The FPI Trust provides bursaries, scholarships and support to aspiring professionals, ensuring they can complete their studies and enter the profession. Your contribution directly builds the next generation of ethical, qualified financial planners and advisors.

South Africa’s Creator Economy Meets the Taxman

BY LEZARIO SIMPSON

FREE HOTEL STAYS, PHONES, AND BRAND DEALS MIGHT SEEM GLAMOROUS, BUT SARS CONSIDERS THEM AS INCOME. WITH AI MONITORING AND STRICT PENALTIES IN PLACE, SOUTH AFRICA’S CREATORS MUST ADHERE TO THE RULES.

South Africa’s influencer and creator economy is flourishing, but so is SARS’s vigilant oversight. “If you’re consistently creating content and earning from it, you need to treat yourself as a business,” says Luncedo Mtwentwe, host of the SAICA BIZ Impact Podcast and Managing Director at Vantage Advisory. “Cash payments, brand-sponsored flights, hotels, or even a gifted phone all count as income at market value and must be declared.”

The principle is straightforward: whether it’s money in your bank account or a hotel stay paid for by a brand, SARS considers it taxable. “You’re taxed on the net amount: market value minus the legitimate costs you incurred to earn it, such as data, transport, or equipment,” explains Mtwentwe.

Mtwentwe mentions that having a 9-to-5 job does not exempt creators from declaring their side hustle income. “Provisional taxpayers must declare every six months, with tax rates ranging from 18% to 45%.”

The consequences of non-compliance are severe. “SARS has tightened collections and is now using AI to track taxpayers,” warns Hiten Keshave, CEO of Unconventional CA.

“What flows through your accounts can be matched against what you file – you can’t hide it.” International deals pose an additional challenge:

“Foreign payments must be cleared via the Reserve Bank. If you don’t declare them, you’re in trouble.”

With SARS scrutinising everything from bank transactions to car purchases, if your lifestyle doesn’t match your declared income, penalties are unavoidable.

Still, creators have tools to remain compliant and even benefit. “Registering a business is a smart move if you’re serious about content creation,” says Mtwentwe. “Small Business Corporations enjoy lower tax thresholds, while sole traders just need to keep proper records. Even an Excel spreadsheet will do – make sure your books are in order.”

Keshave adds, however, that compliance comes with advantages: “You can claim expenses like lighting, cameras, or even a portion of your home office.”

And for those who have fallen behind, there is still a lifeline. “Come forward before you’re audited,” urges Mtwentwe. “SARS’s Voluntary Disclosure Programme allows you to fix mistakes and move forward without sleepless nights.”

For South Africa’s creators, the message is clear: formalise your hustle, document your benefits, and submit on time. That’s how you increase your influence without the taxman hindering your progress. IB

Earn While You Sleep in South Africa

BY KATHRYN MAIN, CEO OF THE MONEY SAVVY GROUP

PASSIVE INCOME IS NO LONGER A BUZZWORD – IT’S A PRACTICAL SOLUTION TO SOUTH AFRICA’S CHANGING ECONOMY.

In today’s changing economy, more South Africans are looking for ways to supplement their wages and build lasting wealth. Passive income – defined as earnings from ventures that don’t require daily involvement – has become one of the most effective solutions.

Unlike a full-time job, where time is directly exchanged for money, passive income leverages skills, assets, or initial capital to generate ongoing cash flow.

THE FOUNDATION: TRIED-ANDTRUSTED METHODS

Before exploring digital opportunities, it’s useful to reflect on the enduring foundations of passive income. Property rentals continue to be a key element, providing steady monthly returns whether it’s a flat in Sandton or a holiday home by the coast. For those with less capital, Real Estate Investment Trusts (REITs) listed on the JSE offer access to property income without the burdens of being a landlord.

THE NEW FRONTIER: DIGITAL ASSETS

Digital platforms have unlocked the potential for scalable, low-capital opportunities. A single product – such as an eBook, design template, or online course – can be created once and sold indefinitely. Platforms like Shopify, WooCommerce, or Gumroad make this accessible to anyone with expertise or creativity. For

instance, a South African tax advisor could sell guides, while a photographer could market Lightroom presets globally.

For those interested in e-commerce, drop shipping presents another option. Products are sold online without maintaining stock – orders are fulfilled by third-party suppliers, allowing the seller to profit from the difference between wholesale and retail prices.

WHO’S DOING IT WELL?

Financial bloggers and creators across South Africa are already blending digital tools with traditional investments. From affiliate marketing and online courses to reinvesting profits in the JSE, they demonstrate that with strategy and effort, passive income streams are achievable.

THE BOTTOM LINE

Passive income is more than just a buzzword – it’s a practical route to financial freedom. By combining stable investments with the scalable potential of digital ventures, South Africans can create diversified portfolios that work harder for them, opening up opportunities to live life on their own terms. IB

Beyond

the Basics PROPERTY INVESTMENT:

BY CHARIS TORRANCE

THINKING ABOUT INVESTING IN PROPERTY? BEFORE YOU BUY, UNDERSTAND WHY RISKS AREN’T ALWAYS OBVIOUS AND WHY NUMBERS MATTER MORE THAN GUESSWORK.

For many, property remains the holy grail of investment: tangible, familiar, and full of promise. But, while it can be lucrative, diving in without a clear grasp of the fundamentals is a rookie mistake that can lead to costly setbacks.

THINK BEYOND THE OBVIOUS

It’s easy to focus on rental yields and growth, but that’s just the start. “There are a few other financial metrics investors can consider,” says Hayden Giger, Product Head at FNB Home and Secured Lending. “Start with the Net Operating Income (NOI), which reflects income after operating expenses, followed by the potential return on investment (ROI), which looks at total returns relative to costs.”

Giger also stresses the importance of gearing: the amount of debt used to fund the investment. “In a rising interest rate environment, one should perform calculations against various rate scenarios to ensure they can withstand a changing landscape.”

UNSEEN RISKS

Property is not a set-and-forget investment. “It’s more than just finding a nice property and a tenant,” says Giger. He cautions investors to pay attention to local economic drivers: areas reliant on a single industry, for example, could see demand risks if that industry declines.

Regulatory changes can also catch landlords off guard. “Make sure you engage with your local municipality and keep an eye on zoning changes,” Giger notes. And when it comes to tenants, thorough vetting remains essential.

THE BIGGER PICTURE

According to Siphamandla Mkhwanazi, FNB Senior Economist, broader economic forces are equally important. “In emerging markets, inflation and interest rate dynamics tend to be more volatile, amplifying risks,” he explains. “But they also offer higher growth potential and housing demand.”

NEW MODELS ON THE RISE

Traditional approaches are evolving. “We’ve seen an increase in Collective Buying,” says Giger. “Multiple individuals invest together, making property more accessible, but it’s crucial to have clear agreements in place.”

THE BOTTOM LINE

Property remains a strong long-term investment, but success relies on more than just bricks and mortar.

By understanding financial metrics, recognising risks, and getting to grips with macroeconomic trends and new ownership models, investors can build not only property portfolios but also resilience and returns. IB

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The rise of maisonettes in retirement living

BY CHARIS TORRANCE

SEARCHING FOR THE IDEAL PROPERTY INVESTMENT IN A RETIREMENT ESTATE? FIND OUT WHY MAISONETTES ARE BECOMING MORE POPULAR FOR THEIR AFFORDABILITY, PRIVACY, AND SMART DESIGN – PROVIDING RETIREES WITH COMFORT AND INVESTORS WITH LONG-TERM VALUE IN SECURE, LOW-MAINTENANCE, COMMUNITY-CENTRED LIVING ENVIRONMENTS.

Maisonettes are quickly becoming a popular choice for investors in retirement estates, and for good reason. Providing a combination of affordability, privacy, and futureoriented design, these compact homes meet all the needs of retirees and those seeking to invest in this expanding sector.

According to Barto van der Merwe, Managing Director of Renishaw Property Developments, maisonettes offer “the best of both worlds”. “The use of separate entrances and limited shared walls provides a sense of privacy for residents while still fostering a connected community feel that’s so important in retirement years.”

One of their most attractive features is the single-storey layout. “The single-level design removes the need for stairs, reducing mobility risks and making them safe and accessible as residents age,” says van der Merwe. Paired with airy interiors, covered verandas, and landscaped gardens, maisonettes provide the indoor-outdoor living that many retirees desire.

From an investment perspective, maisonettes provide genuine and endearing value. “They’re less expensive than freestanding homes but still provide a sense of privacy and accessibility,” van der Merwe explains. Plus, being part of a retirement estate provides access to shared facilities such as nature trails, community centres, and recreational areas – all fully included in the purchase.

Modern features are also a major selling point. “Most maisonettes in secure estates, such as Renishaw Hills, include energy-efficient appliances, fibre connectivity, and inverters,” he adds. Their “lock-up-and-go convenience” appeals to retirees seeking a low-maintenance lifestyle, while also making them ideal rental investment properties.

And when considering long-term value?

“Maisonettes typically achieve strong resale values due to their affordability and consistent popularity among retirees,” says van der Merwe. For investors, this means steady rental yields and reliable capital appreciation.

Designed with ageing in place in mind, modern maisonettes feature open-plan living, step-free layouts, and are easily adaptable for assistedliving needs.

As van der Merwe sums it up, “We see maisonettes as a leading choice in retirement estates over the next decade,” driven by the ongoing demand for secure, sustainable, and community-oriented living. IB

The Smart Offshore Strategy for South African Families

BY LEAH MANNIE, SENIOR OFFSHORE CONSULTANT AT SOVEREIGN TRUST

AS GLOBAL WEALTH PRESERVATION GROWS, POUR-OVER TRUSTS ARE GAINING POPULARITY AMONG SOUTH AFRICANS. THESE TRUSTS ENABLE FAMILIES TO TRANSFER ASSETS INTO OFFSHORE STRUCTURES, OFFERING BENEFITS SUCH AS TAX EFFICIENCY, DIVERSIFICATION, AND EFFECTIVE SUCCESSION PLANNING TO PROTECT THEIR LEGACIES FOR FUTURE GENERATIONS.

As global markets become more accessible and attractive, high-networth South African families are increasingly looking beyond their local borders to preserve and grow their wealth.

One strategy gaining popularity among those with existing South African trusts is the use of an offshore trust as a beneficiary of their local trust, a mechanism often called a pour-over trust.

A pour-over structure enables a South African trust to appoint a foreign trust, usually set up in investor-friendly jurisdictions such as Guernsey, the Isle of Man, or Mauritius, as the recipient of locally accrued assets.

Over time, capital and other assets can be transferred from the local trust to the offshore one, ensuring both structure and compliance while unlocking significant tax, succession, and wealth preservation advantages.

TAX AND ESTATE PLANNING ADVANTAGES

Pour-over trusts offer significant advantages for

families with international ambitions, those wary of local uncertainties, or those seeking to protect their financial legacy.

Although local trusts encounter restrictions due to exchange control laws and changing tax regulations, offshore trusts have the freedom to invest worldwide, protect assets from domestic market fluctuations, and serve as a strong base for transferring wealth across generations.

Foreign discretionary trusts, when properly structured without South African tax-resident trustees, benefit from significant advantages.

“South African trusts are taxed at 45% on income and an effective rate of 36% on capital gains, with minimal deductions,” explains Vanessa Turnbull-Kemp, Partner: South African Outbound Structuring at Regan van Rooy. “In contrast, offshore trusts can legally accumulate tax-free value and growth.”

South African trusts can also distribute cash to offshore trusts without triggering donations tax, even for amounts exceeding R100 000, and

“POUR-OVER TRUSTS ARE A SOPHISTICATED BUT INCREASINGLY BECOMING COMMON TOOL.”

without needing loan agreements. However, if assets (rather than cash) are transferred, capital gains tax may apply and must be settled locally before distribution.

Offshore trusts help maintain wealth continuity by avoiding probate, managing assets across various currencies, and minimising South African estate duty, while also protecting against political instability, creditor claims, and currency depreciation.

REGULATORY AND COMPLIANCE CONSIDERATIONS

Implementing a pour-over strategy involves meticulous adherence to regulatory requirements. The structure must be recorded in the South African trust deed and receive approval from the Master of the High Court. Any modifications also need to be filed with the Master’s office. Once approved, an Exchange Control application must be submitted to the Reserve Bank’s Financial Surveillance Department (FinSurv).

If the amount of funds transferred exceeds R1 million, a tax clearance must be obtained from SARS through an Approved International

Transfer. Compliance with international disclosure standards, including the Common Reporting Standard and Automatic Exchange of Information, is also required.

“Your South African trust must be fully compliant before any distributions can be made offshore,” stresses Turnbull-Kemp.

“If you are not ticking every compliance box, the structure could unravel with costly consequences.”

DIVERSIFICATION WITH DISCIPLINE

Pour-over structures offer flexibility, protection, and diversification, yet they are not a universal solution. They demand thorough planning, professional advice, and adherence to both local and international regulations.

“We always advise South Africans to consult legal, tax, and fiduciary professionals when making decisions about protecting and growing wealth across generations and jurisdictions,” concludes Turnbull-Kemp.

“Whether you already have a South African trust or are considering establishing one, a pour-over into an offshore trust is a wise way to strengthen your long-term plan.” IB

Africa’s Digital Dollar Revolution

BY LARRY COOKE, BINANCE AFRICA

FROM FREELANCERS AVOIDING BANK DELAYS TO TRADERS SAVING ON CROSSBORDER FEES, STABLECOINS ARE RESHAPING EVERYDAY FINANCE IN AFRICA. AS ADOPTION SURGES, REGULATORS FACE THE CHALLENGE OF BALANCING INNOVATION WITH PROTECTION, ENSURING THESE DIGITAL DOLLARS FUEL INCLUSION, GROWTH, AND LONG-TERM STABILITY.

Stablecoins are digital assets linked to stable currencies like the US dollar.

Unlike volatile cryptocurrencies, they provide reliability, accessibility, and speed. For millions of Africans, they are becoming a safer way to save, send, and receive value in financially unstable environments.

Freelancers rely on stablecoins like USDC to avoid lengthy bank delays. While Informal traders use USDT to transfer money across borders without losing funds to high foreign exchange fees. Small businesses safeguard their earnings from local currency fluctuations by holding digital dollars. These use cases highlight the increasing role of stablecoins in fulfilling everyday needs: speed, security, and cost efficiency.

Far from being a passing trend, stablecoins are establishing themselves as a fundamental part of Africa’s digital economy. They complement rather than replace traditional systems, providing more affordable and quicker alternatives where inefficiencies remain.

But, for sustainable adoption, regulators need to look beyond risks and recognise the tangible benefits. Clear and proportionate licensing frameworks are crucial for protecting users while fostering innovation.

At Binance, we have seen how stablecoins promote financial inclusion, especially in informal and underserved markets. They broaden the financial tools by offering people more options and resilience. They are already transforming remittances by providing an alternative to slow, expensive, and opaque traditional methods. However, challenges persist. Most stablecoins are

pegged to the US dollar, maintaining reliance on foreign currencies. To truly unlock their potential, Africa needs to develop stablecoins tied to local currencies – tools designed for African realities rather than global standards.

Global developments also play a crucial role. In the United States, the GENIUS Act – confirming that fully backed stablecoins are not classified as securities – offers regulatory clarity that could accelerate worldwide adoption. For African regulators, this presents a timely and valuable opportunity to reassess outdated approaches and develop enabling frameworks that reflect current realities.

The adoption figures speak volumes. Global stablecoin circulation now exceeds $248 billion, with $2 trillion transacted every month. Sub-Saharan Africa alone processed over $54 billion in stablecoin transactions between July 2023 and June 2024, accounting for 43% of all crypto activity in the region (Chainalysis). In countries like South Africa, Ghana, and Kenya, stablecoins dominate peer-to-peer trading, not for speculation, but for saving, surviving, and growing.

Africa doesn’t need a crypto revolution; it is already advancing, driven by stablecoins. What is required now is the development of regulations: frameworks that foster innovation, safeguard users, and allow central banks to incorporate these tools into wider monetary systems.

Africa has the opportunity not only to lead adoption but also to shape the global rules and innovations that others will follow. The rest of the world is simply catching up. IB

Soar High with Your Team; Remotely

BY IAN HATTON, AUTHOR OF LEAD LIKE MORPHEUS: THE GENIUS OF CONSCIOUS LEADERSHIP, AND FOUNDER OF TOTALLY MORPHEUS

TRAVELLING WHILE LEADING A STARTUP IS A POWERFUL GROWTH OPPORTUNITY. I’VE HELPED LEADERS WORLDWIDE NAVIGATE THIS CHALLENGE WITH A PRACTICAL CHECKLIST TO STAY PRODUCTIVE, DELEGATE CONFIDENTLY, AND KEEP REMOTE TEAMS THRIVING. WITH THE RIGHT MINDSET, MOVEMENT BECOMES MOMENTUM – FOR YOU AND YOUR TEAM.

Leadership can be demanding. Add travel into the mix, and things become even more complex. But what if your journeys could be the secret to boosting performance in your team, and in your leadership? As the creator of the EGG3 Leadership Assessment, I’ve designed this checklist as your runway to greater heights, both on the road and back at base.

As you travel today, are you wondering whether your team remains focused and continues to succeed in your absence? Are you unsure about the results your team will produce upon your return?

When you leave your team in the field to travel, the leadership dynamic shifts.

You have no choice but to delegate specific tasks to your team

BY EMPOWERING LEADERS, YOU CAN DELEGATE CONFIDENTLY WHEN YOU TRAVEL, TAKE LEAVE, FACE AN EMERGENCY, OR PLAN FOR SUCCESSION.

members. This can be unsettling, particularly with newer teams. The good news is that if you prepare and support your team well, you can travel with peace of mind. You might even return to find small improvements that lead to long-term gains.

Over the past twenty years, my work with thousands of leaders from 105 countries has identified key steps that unlock leadership potential for growth. These steps are essential in practice, but become especially crucial when you ascend to greater heights.

This practical checklist emphasises the essentials that can transform every journey into a growth opportunity for your leadership, your team, and your results.

If you already apply these principles, you are probably travelling with considerable peace of mind.

If not, there’s no better time than now to begin. Remember, successful team leadership starts on the ground, day by day.

1Cultivate leaders daily

The most liberating decision a leader can make is to foster the next generation of leaders. When you see every member of your team as an emerging leader, many of the burdens you bear become lighter. This is more than just delegating.

Developing leaders involves supporting your people’s growth both as current and future leaders. It is not about abdication; it is about

accepting your full leadership responsibility; not through micromanaging but by nurturing selfleadership in each team member.

By empowering leaders, you can delegate confidently when you travel, take leave, face an emergency, or plan for succession.

2 Connect with each direct report individually

The biggest risk in remote teams, including hybrid and virtual ones, is disconnection. We might believe we’re more productive without those seemingly minor chats at the water cooler or coffee machine, but in truth, they serve a vital human purpose.

Your interactions with team members provide them with a sense of validation, accountability, and motivation. These interactions also serve as valuable opportunities for exchanging information that extend well beyond work-related issues.

A status update can be submitted on a virtual team dashboard, but genuine human connection requires real interaction. Even a 10-minute video call each week with every one of your direct reports can be highly effective.

While maintaining regular contact through oneon-one meetings is always vital, it becomes even more important when you are travelling.

3Ensure that everyone’s voice is heard during remote meetings

When participating in larger remote

meetings (on Teams, Zoom, or other platforms), there is a risk that not every attendee will have an opportunity to speak.

The psychological impact this can have on your team may cause disconnection, lower engagement, or even outright resentment that hinders performance.

Worst of all, you might not notice this until a drop in performance impacts revenues or your talented rising star leaves.

While you are travelling and away from your team, it becomes even more crucial that they feel recognised and listened to. Structure your meetings to ensure each member has the opportunity to contribute.

4 Form sub-groups to strengthen team bonds and improve performance

No matter how large your team is, some functions work better in smaller groups. For effective remote team leadership, the smallest possible task groups are generally the most efficient.

Smaller groups can also strengthen human connections, leading to better performance across all levels. While travelling, this also

simplifies your processes and communication. Reviewing and refining these groups before travelling will bring lasting benefits during and after the trip.

5 Establish a buddy system to support each team member

It’s easy to miss when a team member is having difficulties if you don’t regularly see your entire team face-to-face. The problems might be work-related, but your people’s personal lives, health, and other concerns also influence their performance.

These issues might not be solely your responsibility, but making sure every team member feels supported will benefit you. A buddy system can guarantee that each team member has a quick daily check-in with a colleague to share their successes and challenges.

This can encourage stronger, deeper bonds within your team, while also serving as an early warning system before minor issues become larger problems.

The straightforward steps in this checklist will prepare you for success, both remotely and in person. Which of them can you start applying before this trip concludes? IB

Whether you’re embarking on a new development, seeking guidance on regulatory compliance, or aiming to reduce your carbon footprint, ECA Consulting is here to support your vision.

Environmental Impact Assessments (EIAs) Ensuring clients comply with South African environmental legislation through accurate reporting and sustainable project planning.

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Helping organizations transition to a low-carbon economy by measuring and reducing greenhouse gas emissions.

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How AI Is Forcing Businesses to Rethink Work

BY JUANITA VORSTER, INDEPENDENT BUSINESS ADVISOR

AI ISN’T A DISTANT POSSIBILITY; IT’S ALREADY ALTERING HOW WE WORK. PREDICTIONS WON’T PROTECT BUSINESSES, BUT PREPARATION WILL.

In business, we use different terms for the same challenge. In the boardroom, it’s called risk management. In HR, it’s resilience. In marketing, it’s futureproofing. But beneath the jargon, we’re all aiming for the same goal: accurate forecasts of when change will occur and strategies to delay, or ideally prevent, its impact.

The uncomfortable truth is: you can’t prevent it. You have to adapt. However, too often, businesses resist this reality by:

• placing responsibility for adaptation on someone else;

• launching initiatives that claim “resilience” but merely generate busywork; or

• enforcing preventative rules that provide false control.

None of these genuinely prepares organisations

for disruptive change. Today, Artificial Intelligence (AI) is that disruption, transforming work at a pace that feels less like a prediction and more like spilled coffee ruining our best-laid plans. To respond effectively, knowledge workers and the employers relying on them need a clear roadmap for different types of work, not more predictions.

1. REFOCUS TRAINING AND DEVELOPMENT

AI’s strength lies in “doing.” Human strength, therefore, must shift towards thinking –embracing complex, creative, and ethical reasoning that AI cannot replicate. This doesn’t mean transforming every employee into a coder. Instead, organisations should embed critical thinking, ethical decisionmaking, and clear communication into

training at all levels. Not through a single town hall or a lengthy postgraduate course, but through practical, accessible development that quickly equips employees with the basics, so they can refine and apply those skills in real time. Even industries reliant on manual labour will experience AI’s ripple effects in education, design, logistics, and quality assurance. The time to begin preparing the workforce is now.

2. ADAPT POLICY-MAKING PROCESSES

Once employees start thinking beyond “How do I use AI to work less?” or “How do I keep AI from taking my job?”, leadership can focus on developing policies that promote a new way of working instead of maintaining the old. Recruitment, rewards, IT systems, security, intellectual property, procurement, marketing, and project management all need new policies that balance risk and opportunity. Additionally, policy-making itself must evolve: no more slow-moving cycles. Instead, it should involve quick, adaptable processes with real-time updates.

The challenge? Policies might change overnight, but workplace culture, “the way we do things around here,” takes much longer to shift.

3. START BEFORE ANYONE FEELS READY

Culture doesn’t change because of policies or technologies. It evolves because people do, and they need time. That’s where leadership faces its toughest challenge: accepting change before it feels natural, and being willing to learn alongside staff rather than appearing to have all the answers. The fear of “losing face” often hinders leaders. But progress doesn’t wait for egos or perfect timelines. The longer businesses delay experimenting, the fewer options they’ll have to stay relevant and adaptable.

THE BOTTOM LINE

The AI revolution is here. Predictions won’t protect you, but readiness will.

Employers who build thinking skills, adapt policies for new work styles, and start cultural change early will guide workers through uncertainty with resilience – not resistance. IB

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A SMART GUIDE TO CHANGING JOBS

BY MILOU STAUB

CHANGING JOBS IS A SIGNIFICANT DECISION. IT’S ONE OF THE GREATEST STEPS YOU CAN TAKE IN YOUR PROFESSIONAL LIFE, INVOLVING BOTH RISK AND REWARD.

When it comes to changing jobs, timing is everything. Leave too early, and you might miss valuable opportunities. Stay too long, and you risk stagnation or burnout. The good news? With careful planning, you can leap without faltering and land exactly where you’re meant to be.

KNOW YOUR WHY

Before sending out CVs, pause. What exactly are you aiming to change? Is it money, growth, culture, leadership, or just escaping a boss who drains you?

Pro tip: jot down your top three reasons for wanting to leave. If your reasons are short-term frustrations (such as a complex project or a clash with someone), ask yourself whether these will still matter in six months. If the answer is yes, then change is needed. If not, perhaps your energy is better spent reshaping your current role.

Case in point: Thabo, a project manager, resigned after a tough quarter with a demanding client. Within months, he realised the stress wasn’t coming from the company, but from the project itself. His new role paid more, but had no prospects for advancement, and within a year, he felt stuck again if he’d taken more time to reflect on his “why”, he might have avoided the detour.

TIMING MATTERS

There’s never a “perfect” moment, but there are smarter ones. If you’ve just started a new role, you may need more time to establish a track record. Conversely, if you’ve hit a ceiling, delaying your exit could harm your momentum.

Ask yourself:

• Have I learnt and achieved enough to leave on good terms??

• Is the market currently hiring in my field?

• Am I moving towards something better, or simply escaping a problem?

“DON’T JUMP JUST BECAUSE THE SHIP FEELS ROCKY. JUMP WHEN YOU SEE A VESSEL THAT’S HEADING IN THE RIGHT DIRECTION.”

MONEY TALKS

No career move is wise if it jeopardises your financial stability. Review your savings, ideally covering three to six months of expenses, and consider the full remuneration package of a new offer.

Salary is important, but benefits, pension, leave, health cover, and flexibility may be more significant in the long term.

Quick money checklist:

• Emergency fund in place?

• Clear on salary benchmarks in your field?

• Factored in hidden costs (commute, dress code, relocation)?

• Reviewed benefits and bonuses?

Hidden costs to consider: A longer commute, private medical cover if benefits decrease, or even the wardrobe needed for a more formal environment, can eat away at your “higher salary”.

TEST THE WATERS

Networking is your secret weapon. Before applying, consult peers, recruiters, or industry mentors. They’ll provide real-world insights into which companies are thriving and which are shrinking.

Here are three ways to test the waters:

1. Informational interviews: Contact someone at your dream company and request 15 minutes of their time to learn about the culture and challenges.

2. LinkedIn reconnaissance: Analyse how long employees remain at the company. A pattern of brief tenures is a warning sign.

3. Professional bodies and events: Industry associations often feature

1. job boards and insider updates before opportunities are made public.

Remember: Jobs advertised online are only a small part of the opportunities available. The top roles often spread through word-of-mouth before they appear on public boards.

ALIGN WITH LONG-TERM GOALS

A shiny new opportunity can be enticing, but pause and step back. Where do you see yourself in five years? Ten? Will this role challenge your skills appropriately? Will it open doors to leadership, international experience, or entrepreneurship, whatever your future self desires?

Case in point: Nomsa, an HR professional, took a lateral move to a slightly smaller company because it offered international assignments. Within three years, she had gained global experience that later propelled her into a senior regional role. Short-term, it was a sideways step. Long-term, it served as a launchpad.

The wrong move may boost your salary but leave you stuck. The right one sets you up for lasting growth.

RED FLAGS TO WATCH FOR

Interviews are two-way streets. While you’re presenting yourself, the company is revealing its hand as well. Look out for:

• Unclear responses regarding company culture.

• High turnover within your potential team.

• Managers who evade questions about worklife balance.

• A recruitment process that feels hurried or chaotic.

Behavioural cues: Observe body language carefully. If your future manager appears distracted, impatient, or excessively critical of current staff, that could be a hint of what your daily experience might be.

A red flag ignored today often leads to the reason you’ll want to leave tomorrow.

EXIT WITH GRACE

Even if you’re eager to escape, how you leave matters. Resign respectfully, serve your notice professionally, and document your work for a smooth handover. Colleagues remember long;

burning bridges now could cost you a dream role later.

“LEAVE DOORS OPEN, EVEN IF YOU’RE SURE YOU’LL NEVER WALK BACK THROUGH THEM.”

BACK YOURSELF

Eventually, logic gives way to instinct. If your gut advises you to move, trust it. Growth involves risk, but risk without preparation is recklessness. With proper planning, your leap becomes a launch.

If it doesn’t work out, don’t panic. Careers are long, and a “wrong move” is rarely fatal. Think of it as gathering data. You’ll come out clearer on what you need and more resilient for the future.

FIVE QUESTIONS BEFORE YOU LEAP

1. Am I leaving for the right reasons, not merely frustrations?

2. Do I have the financial cushion to support a transition?

3. Does this move align with my five-year career plan goals?

4. Have I researched the company culture thoroughly?

5. Am I ready to leave gracefully?

If you can tick all five, it’s a clear indication you’re prepared.

THREE SIGNS YOU’VE OUTGROWN YOUR JOB

1. You’ve ceased learning, and each day feels like déjà vu.

2. You no longer see role models or mentors above you.

3. You feel drained on Sunday nights but energised by side projects.

Changing jobs isn’t about escaping discomfort; it’s about seeking opportunity.

By clarifying your motivations, timing your move wisely, securing your finances, and aligning your next step with your long-term vision, you won’t just jump ship; you’ll chart a more innovative course. IB

“A CAREER MOVE ISN’T JUST ABOUT WHAT YOU’RE LEAVING BEHIND, IT’S ABOUT THE FUTURE YOU’RE BUILDING.”

BOOK CLUB

BY CHARIS TORRANCE

WICKED SMART

by Douglas Kruger (Penguin Random House)

Wicked Smart distils decades of breakthroughs in behavioural economics into a single powerful guide filled with mental “smartcuts”. Inspired by Steve Jobs’ idea that technology is a “bicycle for the mind”, this book reveals dozens of cognitive tools that help you think faster, lead more effectively, and solve problems more creatively. From optimising brainpower to structuring high-performing teams and surpassing industry giants, these real-world insights are gamechangers. Wicked Smart offers practical solutions and proven strategies; all drawn from trusted sources and designed to boost your success.

MANAGING UP

by Melody Wilding (Penguin Random House)

An insightful and empowering read, Managing Up by Melody Wilding is essential for any professional navigating complex workplace dynamics. Blending psychology, coaching, and practical strategies, Wilding offers useful tools to help readers earn respect, set boundaries, and manage upwards with confidence. The scripts and techniques are practical, not superficial. Whether dealing with micromanagement or feeling sidelined, this book offers a roadmap to reclaim your power without requiring a promotion. A clever, strategic guide for anyone eager to lead with emotional intelligence in today’s challenging work environments.

THE SIGNS

by Dr Tara Swart (Penguin Random House)

In The Signs: The New Science of How to Trust Your Instincts, renowned neuroscientist Dr Tara Swart combines cutting-edge cognitive science with extraordinary real-life stories to explore the power of intuition. Challenging the idea that synchronicities are mere coincidences, Swart provides a compelling framework for recognising and interpreting signs that guide decision-making and personal growth. Drawing on insights from neuroscience, neardeath experiences, and consciousness studies, this transformative book empowers business leaders to sharpen their instincts, embrace uncertainty, and unlock new possibilities. A must-read for anyone seeking clarity, purpose, and a deeper connection to the unseen forces shaping success.