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CAREERTIP : Avoid traps as You Transition into a Leadership Role

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Assuming a leadership position presents the temptation to rely on familiar strategies and past successes. However, this approach bears the risk of drawing inaccurate conclusions and deviating from the optimal path. As you transition into a new role, it's vital to be mindful of your departure from your previous position. Take time to replenish your energy and nurture your relationships. Simultaneously, proactively learn about the expectations and requirements of your new role. This will help you adapt successfully and excel in your new responsibilities. The source for this article is HBR.ORG You can also  follow our WhatsAPP channel  here   for more hardhatCAREERTIPS. 
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NEWS : High interest rates limit building and construction activities

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The Afrimat Construction Index (ACI) experienced an 8.8% increase in the second quarter compared to the first quarter; however, on a year-over-year basis, it faced a 1.9% decline. This decline stands in contrast to the urgent need for housing development and associated infrastructure.

The ACI reflects the level of activity within the building and construction sectors. Dr. Roelof Botha, the compiler of the index, attributed the currency strength to several declines in fuel prices. This trend is expected to contribute to further lowering inflation during the course of this year. The turnaround in electricity supply offers reasons for optimism, while the Government of National Unity has received positive responses from business leaders and global capital markets.

Additionally, Dr. Botha highlighted signs of urgency in addressing logistics challenges, reflecting a new era of cooperation between the private and public sectors.

3 HIGHLIGHTS OF THE ACI IN Q2 2024

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