Factors to bear in mind with ride-hailing business


WE are facing a perfect storm of challenges that need addressing quickly. A likely global recession, high household debt, poor market sentiment, digital disruption and a trade war that we do not seem to be able to take full advantage of are just some of the issues we should be discussing instead of wasting reams of space on politically-driven vitriol.

Some believe that the gig economy has a bigger role to play. The gig economy erupted following a confluence of factors – the widespread availability of network connections, ubiquity of smartphones and the 2008-2009 financial crisis, to name a few.

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