So international regulators fine errant financial services providers in the millions of dollars, SA fines a paltry R400,000.Chalk that up to a small cost of doing business in SA.Fines must be meaningful to make a difference!!
This is a great initiative - up-skilling public servants on leveraging social media marketing, if I have to say so myself. I commend Decode for this, and I hope the intended stakeholders see value and lurch on this opportunity.
Property development in this sector remains largely speculative. By its nature, where new office space cannibalises existing space, it compromises the tendency to cool down on its own (by market forces) . Maybe legislation such as spatial planning must regulate with one of the key objectives being avoiding oversupply for the good of the sector and the economy at large. Any collapse of this sector will take with it the financial sector and transmit through the rest of the economy.
I can already sense that market patterns are already currently changing. Consumers are not just looking out for previous factors when scouting for their dream car. They need to know that their everyday is more than just a fast machine with great outlook like ample storage and more.