The world is changing fast and to keep up you need local knowledge with global context.
Any lingering hopes coronavirus would quietly pass SA by evaporated yesterday. The hits came thick and fast, led by another 8% tumble on the JSE with percentage declines deep into double digits for Implats, Old Mutual, Growthpoint, Redefine, MTN and poor old Sasol. Even previously resilient Biznews portfolio stalwarts Naspers and Richemont fell sharply.
Another sad feature was an inbox choked with cancellations of every kind of event imaginable. Plus a resurgence in Fake News, including a chilling note about the disease to Discovery staff from “Adrian Gore” which went, well, viral. But when I asked him about it, Discovery’s CEO said it was a hoax, prompting Rational Radio guest David Shapiro to brand the note’s creator “a criminal”.
Among yesterday’s postponements was the visit to SA by global AI guru Dr Vivienne Ming. She won’t be coming – but instead the organisers will be linking her by video. Which got me wondering if among Coronavirus’s consequences is that SA will finally embrace webinars – a cost effective way of achieving a better outcomes than suddenly high risk face-to-face events.
For a couple of years already, Biznews has been hosting and facilitating webinars for some customers. Priced at less than the cost of room hire and refreshments, those with the courage to break traditions have become overnight converts. With Coronavirus now forcing the issue, webinars are one of surely many tech-driven ideas whose time has finally come.
To receive Biznews founder Alec Hogg’s Daily Insider every weekday at 6am in your inbox click here. You can also sign up to the Weekender for a wrap of the best content Biznews has to offer, for a leisurely Saturday read.
Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg.