SA’s governance gaps and affordability boost new car sales

Summary

The recent suspension of the Road Traffic Management Corporation's (RTMC) CEO has highlighted significant governance issues within the organization. This incident sheds light on the broader challenges of leadership and accountability in South African public institutions. In related business news, South Africa is experiencing its best new car sales in ten years, driven largely by affordability, signaling a positive trend for consumers looking to purchase vehicles. Meanwhile, a new database has been launched to improve transparency and build trust in small charities across the country, helping donors feel more confident about where their money goes. Lastly, many loyalty programs in businesses struggle because they focus too much on rewards and not enough on the people behind the transactions, which slows down innovation and customer satisfaction.