Who Owns Whom

I am pleased to report that, thanks to you, WOW comfortably exceeded our budget to the six months ending September 2023 for both turnover and profit. We employed two additional team members in 2023 bringing our permanent employee count to 28 and who are complemented by 15 contract researchers.

This year we have been exploring the use of AI on the WOW database. While its use in producing quality research currently still appears limited, it could significantly improve users’ interrogation capabilities on our research.

AI at this point can’t replace the human attributes of creativity, subjectivity and initiative, amongst others. A few years ago, when Maria Ramos was Absa’s CEO, we asked AI who she was.  The answer came back that she was the branch manager at the Absa branch in Maputo.  This is a good example of AI not distinguishing between corroborated and uncorroborated data. However, when used on corroborated data such as the WOW database, it introduces an entirely new search dimension. As an example, if one uses AI to ask WOW’s research database how many listed company directors’ options are maturing in the next six months, it returns an answer in seconds for a task that could take much longer to complete if performed manually. The working title for this initiative is AI@WOW. Preliminary results are exciting, and we hope to roll out pilot testing early in the new year. Watch this space.

The WOW offices will close on Friday, December 22nd and re-open Wednesday, January 3rd.

Have a safe and restful holiday season and I hope all your expectations for 2024 will be met.

Contact us to access WOW's quality research on African industries and business

Contact Us

Most Popular Articles

Financial and insurance activitiesSouth Africa

The role of financial markets in the South African economy

Read more

Administrative and support activitiesSouth Africa

Causes of Unemployment: Labour and recruitment in South Africa

Read more

Mining and quarryingSouth Africa

Illegal mining – an explosive nuisance

Read more

Related Articles

Newsletters

A good year at WOW

Our 2024 financial year concluded at the end of March. It was a demanding year, but in true WOW style, our team embraced the challenges to deliver encouraging results. FY2024...

Newsletters

Let transparency prevail

This letter was first published in the Business Day Linda Ensor’s article states that not all entities governed by the Financial Intelligence Act, which is implemented by the Financial Intelligence...

Newsletters

Africa Inc. 2024

African Continental Free Trade Area (AfCFTA) secretary general, Wamkele Mene, announced at the recent World Economic Forum in Davos that a further 31 African countries have implemented the agreement, joining...