Collaboration, competition & the digital economy

Competition in the digital economy continues to be an important issue in the face of complex technology and dominant platforms with concentrated market power that stretches globally. The second part of this blog series explores the new approaches competition authorities around the world have been taking to deal with new competition issues in the digital economy. One common thread has been clear – local and global collaboration is essential to effectively deal with these new issues.

Trends in consumer financial education in South Africs

There has been a significant effort among financial institutions to drive consumer financial education (CFE) programmes in line with the GN500 requirements. This blog undertakes an analysis across 14 banks and insurers and identifies four key trends in CFE programmes across target audience, delivery modes, monitoring and evaluation, and novel approaches. Financial institutions need to continue refining their CFE programmes to deliver the highest impact to improve financial literacy among South Africans.

Competition & the digital economy

There is increasing pressure globally to understand the dynamics of the digital economy and the implications on markets, from a competition perspective, the urgency has now increased due to the times we find ourselves in. Competition policy will need deal with complex issues including data, platforms and big tech while carrying out a careful balancing act between encouraging innovation and protecting consumers and creating an efficient marketplace.