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The Role of Technology as an Anchor for Economists, Accountants and Business Professionals in Business Recovery

In: Sustainable Finance and Business in Sub-Saharan Africa

Author

Listed:
  • David Mhlanga

    (University of Johannesburg)

  • Varaidzo Denhere

    (University of Johannesburg)

Abstract

The COVID-19 pandemic culminated in a global decline in economic activity, leaving many businesses grappling with losses. This unprecedented disruption compelled businesses to adopt digital technologies to survive and maintain continuity rapidly. This chapter explores the crucial role of technology as an anchor for economists, accountants, and business professionals in business recovery. It highlights how technological advancements, such as artificial intelligence, big data, and digital payment systems, have revolutionised economic forecasting, financial reporting, decision-making, and customer interactions. The chapter emphasises the importance of embracing digital tools to enhance efficiency, compliance, and strategic planning, thereby ensuring resilient and sustainable business operations in the post-pandemic era

Suggested Citation

  • David Mhlanga & Varaidzo Denhere, 2024. "The Role of Technology as an Anchor for Economists, Accountants and Business Professionals in Business Recovery," Springer Books, in: David Mhlanga & Mufaro Dzingirai (ed.), Sustainable Finance and Business in Sub-Saharan Africa, chapter 0, pages 175-193, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-74050-3_8
    DOI: 10.1007/978-3-031-74050-3_8
    as

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